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65 Commons Way 5,412 SF 89% Leased Office Building Kalispell, MT 59901 $1,625,000 ($300.26/SF) 5.60% Cap Rate
Investment Highlights
- Located Near Logan Health
- Strong demand for medical and professional office users
- East Access to Highway 93
Executive Summary
Rare opportunity to acquire a multi-tenant professional medical office building in Kalispell's Buffalo Commons business park. The ±5,412 SF property offers 12 private offices, strong tenant appeal, ample parking, and proximity to Logan Health and Highway 93. Designed to accommodate a variety of medical and professional office users, the building provides stable income with additional upside through lease-up opportunities. Ideal for investors seeking cash flow or owner-users looking to occupy a portion of the building while generating rental income from the remaining suites.
The building was designed to add on over the foyer to create more possibilities.
The building was designed to add on over the foyer to create more possibilities.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
5,412 SF
Building Class
C
Year Built
2004
Price
$1,625,000
Price Per SF
$300.26
Cap Rate
5.60%
NOI
$91,000
Percent Leased
89%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,706 SF
Building FAR
0.27
Lot Size
0.46 AC
Zoning
PUD-Commercial - Permitted for a wide range of professional office uses within a well-established business park environment near Logan Health and Highway 93.
Amenities
- Air Conditioning
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Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 07-3966-06-2-16-75-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,925,000 |
Property Taxes
Parcel Number
07-3966-06-2-16-75-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,925,000
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65 Commons Way
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