431 1St AveKalispell, MT 59901

  • Office properties
  • 8,340 SF
For Lease
$13/SF/YR View listing

Property Details for 431 1St Ave

Year built
1989
Construction
WOOD
Lot size
0.64 AC
Property size (Sq ft)
8,340 SF
Zone code
6
Property type
Office properties
Property subtype
Office buildings
APN
07-3966-18-1-33-13-0000
APU
7396618133130000

Description

This exceptional office space, located at 431 1st Avenue West in Kalispell, Montana, offers ±7,500 square feet of versatile space within a larger 15,070 square foot building. The property, situated on a 0.642-acre lot, boasts a Class B designation and benefits from recent renovations completed in 2016. Originally constructed in 1989, the two-story building features an 8-foot ceiling height and ample parking with 20 spaces available. The suite is ideally situated on the garden level, offering convenient access and proximity to downtown Kalispell. This space is perfect for a single large tenant or can be subdivided to accommodate multiple smaller tenants. The minimum divisible space is 3,500 square feet, with a maximum contiguous space of 7,501 square feet. The property is zoned B-4 by the City of Kalispell (APN: 07-3966-18-1-33-13-0000). Enjoy a professional environment with strong neighboring tenants and benefit from the ideal location and dedicated parking. This is a rare opportunity to secure a well-maintained and conveniently located office space in the thriving Kalispell market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,572,719
    6.5%
    $1,451,740
    7%
    $1,348,044
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,778,171
    Geo Method
    $1,778,171
  • Alternative Use

    Use
    Valuation
    Residential
    $1,800,158
    Hospitality
    $1,648,935
    Educational
    $1,371,894
    Medical
    $1,419,076
    Retail
    $2,134,058
431 1St Ave, Kalispell, Montana

Location Insight

City
Kalispell
County
Flathead
State
Montana
Latitude
48.194
Longitude
-114.313
CBSA code
28060
CBSA name
KALISPELL, MT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$31,394
-
-
$2,771,400
-
$271,700
$2,499,700
$2,771,400

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