1060 Meridian RdKalispell, MT 59901

Property Details for 1060 Meridian Rd

Year built

1907

Construction

WOOD

Lot size

0.28 AC

Property size (Sq ft)

1,643 SF

Zone code

1

Property type

Office properties

Property subtype

Office buildings

APN

07-3965-12-1-23-10-0000

APU

7396512123100000

Description

This charming 1907 mixed-use property in Kalispell, Montana, presents a unique investment opportunity. Situated on a 12,284 sq ft lot (approximately 0.28 acres) at 1060 Meridian Road, zip code 59901, this 1,643 sq ft building offers a blend of commercial and residential space. The main floor comprises up to five office spaces, perfect for a variety of businesses, benefiting from high visibility and substantial traffic flow. Upstairs, a cozy one-bedroom apartment provides on-site living accommodations or potential rental income. The property's excellent curb appeal enhances its attractiveness to both clients and residents. A partially finished basement offers ample storage or the potential for further customization to suit individual needs. Ample parking is available, ensuring convenient access for all. This property offers endless possibilities for a savvy investor seeking a blend of commercial and residential income streams in a desirable Kalispell location. The asking price is $650,000.

• CAP approach

  CAP return

  Valuation

  6%

  $309,833

  6.5%

  $286,000

  7%

  $265,571

• Comparable approach

  Method

  Valuation

  Relative Method

  $350,304

  Geo Method

  $350,304

• Alternative Use

  Use

  Valuation

  Residential

  $354,640

  Hospitality

  $324,848

  Educational

  $270,270

  Medical

  $279,565

  Retail

  $420,420

Location Insight

City

Kalispell

County

Flathead

State

Montana

Latitude

48.2093

Longitude

-114.331

CBSA code

28060

CBSA name

KALISPELL, MT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].