327 Spokane AveWhitefish, MT 59937

Property Details for 327 Spokane Ave

Year built

1968

Construction

WOOD

Lot size

0.22 AC

Property size (Sq ft)

768 SF

Zone code

6

Property type

Office properties

Property subtype

Office buildings

APN

07-4292-36-1-52-05-0000

APU

7429236152050000

Description

This exceptional 1,536 square foot commercial property sits on a 0.22-acre lot in the heart of Whitefish, Montana, on Spokane Avenue – the town's main thoroughfare. Its WB-3 zoning allows for a variety of uses, including short-term rentals and multi-family development (1-4 units), as detailed in the provided zoning documents. Previously utilized as a law office, the building is ideally suited for a range of businesses, from retail shops and restaurants to office spaces and cafes, or even a mixed-use development. The property boasts excellent visibility and high foot traffic due to its central downtown location, ensuring strong potential for success. Further enhancing its appeal is a Generac automatic generator capable of powering the entire building, providing peace of mind and operational reliability. This presents a unique opportunity to acquire a versatile and well-situated commercial property in the thriving community of Whitefish, offering significant development potential and immediate income possibilities. The property's prime location and flexible zoning make it an attractive investment for discerning buyers seeking a foothold in this desirable Montana town. Detailed zoning information is available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $144,843

  6.5%

  $133,701

  7%

  $124,151

• Comparable approach

  Method

  Valuation

  Relative Method

  $163,745

  Geo Method

  $163,745

• Alternative Use

  Use

  Valuation

  Residential

  $165,789

  Hospitality

  $151,862

  Educational

  $126,347

  Medical

  $130,693

  Retail

  $196,540

Location Insight

City

Whitefish

County

Flathead

State

Montana

Latitude

48.409

Longitude

-114.335

CBSA code

28060

CBSA name

KALISPELL, MT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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