2310 Us Highway 2Kalispell, MT 59901

  • Retail properties
  • 5,200 SF
For Sale
$1,280,000 View listing

Property Details for 2310 Us Highway 2

Year built
1993
Construction
WOOD
Lot size
0.71 AC
Property size (Sq ft)
5,200 SF
Property type
Retail properties
Property subtype
Retail space
APN
07-4078-33-3-08-80-0000
APU
7407833308800000

Description

This exceptional 5,200-square-foot office building presents a lucrative investment opportunity in Kalispell, Montana. Strategically located on US Highway 2 East, this property enjoys a prime position with high visibility and accessibility, boasting an average daily traffic count exceeding 20,000 vehicles. The well-maintained building sits on a sizable 0.71-acre lot, providing ample parking for tenants and clients, along with excellent signage opportunities to maximize brand exposure. Currently occupied by five established tenants, this property offers immediate cash flow potential. The building's interior features a variety of spaces to accommodate diverse business needs, including multiple private offices, a dedicated conference room, a training room, and a full kitchen within one of the units. This turnkey operation is further enhanced by the availability of owner financing, making it an even more attractive proposition for prospective buyers. The property's location, combined with its versatile layout and existing tenancy, makes it an ideal investment for those seeking a stable and profitable commercial real estate asset in a thriving Montana market. The substantial lot size also offers potential for future expansion or development.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,441,486
    6.5%
    $1,330,603
    7%
    $1,235,560
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,793,904
    Geo Method
    $2,793,904
  • Alternative Use

    Use
    Valuation
    Residential
    $1,122,413
    Hospitality
    $1,028,125
    Educational
    $855,388
    Medical
    $884,806
    Retail
    $1,330,603
2310 Us Highway 2, Kalispell, Montana

Location Insight

City
Kalispell
County
Flathead
State
Montana
Latitude
48.2297
Longitude
-114.277
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
$5,499
-
-
$613,813
-
$235,073
$378,740
$613,813

FAQs

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