205 18Th StKalispell, MT 59901

Property Details for 205 18Th St

Year built

2014

Lot size

1.04 AC

Property size (Sq ft)

2,794 SF

Property type

Retail properties

Property subtype

Drive through restaurants

APN

07-3966-17-3-04-47-0000

APU

7396617304470000

Description

This exceptional turnkey restaurant opportunity in Kalispell, Montana, presents a unique chance to acquire a thriving business. Located at 205 E 18th St, this 2,794 square foot building sits on a 1.04-acre lot and boasts a highly visible location on Hwy 93, with over 15,300 vehicles passing daily. Built in 2014, the property is zoned for business use (APN: 0504004) and features a fully updated interior, a convenient drive-thru, and ample additional parking for customer convenience. Previously operating as a successful gourmet hot dog restaurant with a strong community focus, this space offers a proven business model with the potential for significant growth. The property includes all necessary utilities: electricity, natural gas, high-speed internet, and phone service. This is an ideal opportunity for an experienced restaurateur looking to establish or expand their business in a vibrant and supportive community. The asking price is $2,210,000.

• CAP approach

  CAP return

  Valuation

  6%

  $774,507

  6.5%

  $714,930

  7%

  $663,863

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,501,186

  Geo Method

  $1,501,186

• Alternative Use

  Use

  Valuation

  Residential

  $603,070

  Hospitality

  $552,409

  Educational

  $459,598

  Medical

  $475,404

  Retail

  $714,930

Location Insight

City

Kalispell

County

Flathead

State

Montana

Latitude

48.1828

Longitude

-114.304

CBSA code

28060

CBSA name

KALISPELL, MT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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