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428 1st Ave W 2,344 SF 83% Leased Office Building Kalispell, MT 59901 $635,000 ($270.90/SF)

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INVESTMENT HIGHLIGHTS

  • Central Location
  • 5 Office Spaces with Tenants in Place
  • Upstairs Studio Apartment
  • Onsite Parking
  • Significant Development Potential

EXECUTIVE SUMMARY

Central Kalispell Development Opportunity / Mixed-Use Income Property with Expansion Potential Located in a high-visibility central Kalispell location, this 2,344 SF mixed-use property offers immediate income along with significant long-term development upside. The main building, constructed in 2005, provides well-maintained modern space, while a smaller connected structure built in 1940 offers additional square footage and flexibility. (Note: the older structure is built on a crawl space foundation and currently has a foundation issue, presenting an ideal redevelopment or improvement opportunity.) The property includes five office suites and a studio apartment, all currently occupied. The ground floor in the older part of the building is vacant and has potential to be redeveloped or converted into an additional apartment. The on site parking area offers convenient access for both tenants and visitors due to its central location. With its strategic location, existing income, and development potential, this property is perfectly suited for investors, developers, or owner-users looking to create value in one of Kalispell’s most active and evolving corridors.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
2,344 SF
Building Class
B
Year Built
2005
Price
$635,000
Price Per SF
$270.90
Percent Leased
83%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,172 SF
Building FAR
0.34
Lot Size
0.16 AC
Zoning
B-4 - Central Business
Walk Score®
Walker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 38623927

  • Date on Market: 12/2/2025

  • Last Updated:

  • Address: 428 1st Ave W, Kalispell, MT 59901

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