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315 E Evergreen Dr 19,002 SF Specialty Building Offered at $1,749,000 at a 5.83% Cap Rate in Kalispell, MT 59901

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INVESTMENT HIGHLIGHTS

  • 2 separate parcels Ready for Development
  • Large Facilities with potential for growth
  • Multi Tenant

EXECUTIVE SUMMARY

This prime 2.93-acre commercial property, zoned R2, consists of two parcels and is currently used as a church and school. Located in a highly desirable area, the property boasts approximately 260 feet of frontage on East Evergreen, offering excellent visibility and accessibility. The buildings on-site provide ample space for a variety of uses. Recent updates include a new roof on the gym and new vinyl plank flooring in the church, ensuring durability and a fresh, modern look. The property is equipped with high-speed internet, a security system, office space, a 2 level gymnasium and kitchen facilities, making it well-suited for institutional or commercial purposes. A courtyard adds to the charm, offering a great space for outdoor gatherings. For convenience and ease of access, the property features paved parking, sidewalks, and partial gating for added security. With no covenants or HOA restrictions, there is greater flexibility for future development or repurposing.
This is a rare opportunity to invest in a well-maintained, strategically located property with endless potential for continued institutional use or redevelopment into a multi-purpose commercial or residential project. The possibilities are endless. Call Grant Ozegovich 406.871.1357 or your Real Estate Professional.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS Under Contract

Price $1,749,000
Price Per SF $92.04
Sale Type Investment
Cap Rate 5.83%
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
Property Type Specialty
Property Subtype
Religious Facility
  • Office Office Residential
Building Class C
Lot Size 2.93 AC
Building Size 19,002 SF
No. Stories 3
Year Built 1980
Zoning R2 - Residential Use with limited commercial uses

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-4078-34-3-26-01-0000
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$707,548 (2025)
  • Listing ID: 35171181

  • Date on Market: 3/18/2025

  • Last Updated:

  • Address: 315 E Evergreen Dr, Kalispell, MT 59901

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