431 1St AveKalispell, MT 59901
- Office properties
- 8,340 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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