59 3Rd AveKalispell, MT 59901

Property Details for 59 3Rd Ave

Year built

2006

Construction

WOOD

Lot size

0.16 AC

Property size (Sq ft)

2,698 SF

Zone code

6

Property type

Other commercial real estate

Property subtype

Showrooms

APN

07-3966-07-4-16-07-0000

APU

7396607416070000

Description

This exceptional Class A property, built in 2006 and extensively renovated in 2020, offers 2,698 square feet of versatile space ideally suited for a variety of businesses. Located in the heart of Kalispell, Montana, this single-tenant building boasts a desirable location just north of the Kalispell Center Mall and in close proximity to the new Silos Apartment Complex, ensuring high visibility and convenient access. The property features a blend of modern office space and functional warehouse area, providing ample room for both administrative functions and storage or production needs. The building is a single-story structure, zoned B-3, and sits on a parcel with APN 0011621 in Flathead County. Included in the lease is an adjoining parking lot, adding significant convenience for employees and clients. The annual lease for the parking lot is an additional $500, plus half of the associated property taxes. The lease is a NNN (Net, Net, Net) agreement, meaning the tenant is responsible for property taxes, insurance, maintenance, and repairs. This presents a unique opportunity to secure a well-maintained, strategically located property in a thriving Montana community.

• CAP approach

  CAP return

  Valuation

  6%

  $747,904

  6.5%

  $690,373

  7%

  $641,061

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,449,606

  Geo Method

  $1,449,606

• Alternative Use

  Use

  Valuation

  Residential

  $582,356

  Hospitality

  $533,435

  Educational

  $443,811

  Medical

  $459,075

  Retail

  $690,373

Location Insight

City

Kalispell

County

Flathead

State

Montana

Latitude

48.1997

Longitude

-114.319

CBSA code

28060

CBSA name

KALISPELL, MT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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