431 1st Ave W - Office FOR SALE


Kalispell, MT 59901
$2,850,000 USD
406-314-9567
431 1st Ave W, Kalispell, MT for Sale
$2,850,000 USD
Office - FOR SALE
1/20
null | Request Cap Rate

431 1st Ave W
Kalispell, MT 59901


HIGHLIGHTS

  • Established  long term tenants on the main floor
  • Centrally located in Kalispell's vibrant central business district, walkable to shops and restaurants
  • Multiple ingress/egress access points
  • Easily configured into a single or multi-tenant space
  • Ample on-site paved parking with nearby public, on-street parking
  • Well maintained with functional floorplan

OVERVIEW

SterlingCRE Advisors is pleased to present the rare opportunity to acquire the diverse office property located at 431 1st Avenue West in Kalispell, Montana. Employees and tenants will thrive with convenient access to all of downtown Kalispell’s retail amenities and proximity to Highway 93 North. The subject property offers the opportunity to occupy a portion of the building while slowly growing into more space as leases term over time. Alternatively, an investor can capture the opportunity to own a rare value-add downtown Kalispell property with healthy rent upside potential. Dedicated parking is scarce in Downtown Kalispell. With a dedicated parking lot and street parking available, the 431 Business Center alleviates the headache of dispersed parking—a challenge that many other downtown businesses have to overcome. Multiple ingress/egress points allows for a functional multi-tenant setup with features such as an inviting reception/waiting area, private offices, conference rooms, multiple break areas and ADA accessibility via the lift along the stairway. Located in one of the nation's fastest-growing micropolitan areas, Kalispell offers robust economic growth and a high quality of life between Glacier National Park and Flathead Lake.

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/SF

$181 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Acquisition Opportunity 431 Business Center

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,878 SF

ZONING

B-4; City of Kalispell

APN/PARCEL ID

07-3966-18-1-33-13-0000

ASK ABOUT THIS PROPERTY

Janna GoacheeSterling Commercial Real Estate AdvisorsMore Info
406-314-9567

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Janna GoacheeSterling Commercial Real Estate AdvisorsMore Info
406-314-9567

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.