444 1st Ave E - Office FOR SALE


Kalispell, MT 59901
$1,999,000 USD
406-270-2121
444 1st Ave E, Kalispell, MT for Sale
$1,999,000 USD
Office - FOR SALE
1/30
null | 6.49% Cap Rate

444 1st Ave E
Kalispell, MT 59901


HIGHLIGHTS

  • Fully Occupied
  • Below Market Rents
  • Historically low vacancy

OVERVIEW

The Devonshire building is part of Kalispell’s original landscape. Built in the mid 1900’s, this building has stood the test of time and evolved from a motel to a thriving multi tenant investment property and it’s primed for the next owner. This 20 unit passive income property has management in place and is 100% occupied. The parking lot has been resurfaced and painted, exterior doors replaced and many of the units have been refreshed with new flooring and paint.

FOR SALE DETAILS

PRICE

$1,999,000 USD

PRICE/SF

$220 USD /SF

CAP RATE

6.49%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Devonshire

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,195 SF

ZONING

B-4

APN/PARCEL ID

07-3966-18-1-34-03-0000

ASK ABOUT THIS PROPERTY

James WilliamsonSage AdvisorsMore Info
406-270-2121

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James WilliamsonSage AdvisorsMore Info
406-270-2121

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