509 6 St +806 Spokane AveWhitefish, MT 59937

Exceptional mixed-use investment opportunity in Whitefish, Montana, listed at $2,198,000. This 2.24-acre property boasts over 605 feet of Whitefish River frontage and a prominent location just one block from downtown, experiencing a daily traffic count of 14,990 vehicles. Currently featuring a 2,500 square foot building leased to a tenant, the property includes ample parking and excellent visibility. A pre-approved Planned Unit Development (PUD) allows for a waterfront mixed-use building with underground parking, encompassing 5,500 square feet of commercial space on the main floor and eight residential condos above (four three-bedroom, two two-bedroom, and two one-bedroom units). The PUD's approval is valid for three years. Alternative uses permitted within the B-2 zone include a hotel, bed and breakfast, restaurant, or brewery, all with waterfront access. The seller will lease back the existing building for one year. This is a real estate-only sale; the existing business is not included. Built in 1979, this unique development presents a compelling opportunity for investors seeking a prime location and diverse development possibilities.