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Listed price in listed location currency (USD).
$1,300,000

000

MLS® 30056965

Overview

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $7,883
Days Active 414
Lot Size 0.49 Acres
Approx. Age 
MLS® Number 30056965

Property Address: 637 E Idaho St, Kalispell, MT, 59901-4140

Average square foot calculated using Size range provided by listing agent.

Description

• Current Cap Rate: ~6.54% • Value-add potential with lease escalations / bumping rents on shop and residential unit Booming Downtown Kalispell!!! Steps to the Parkline Trail and soon to be redeveloped mall. This well-located, high traffic countn(22k APD per MDT), fully-leased mixed-use property offers stable cash flow with upside. Combining commercial and residential income, plus billboard lease revenue, it's a turnkey investment with potential for increased yield through strategic improvements or rent increases. Ownership has spent $450k+ in last 12 months on complete remodel/ upgrades. • Complete interior and site remodel with full change of use. • New roof (<5 yrs old) • New HVAC systems and plumbing throughout. • Two new ADA bathrooms, and 2 showers. • Updated 1BR/1BA apartment. • New site work including fresh asphalt (front and rear) and 6 added parking spaces. (18 total) • New front concrete sidewalk/ ADA parking/ entrance and approach. • New curbing and wonderful landscaping, fully irrigated. • New fencing, in front and rear.• Opened up back exit for parking via city alley for better traffic flow. • Large, level backyard with mature trees and grass. Investment Highlights • Stable tenant roster with long-term leases. • Triple income streams from commercial (NNN & gross) and residential. • Billboard income adds $2, 200 annually. • High-traffic / visibility location along E Idaho St / Highway 2. (approx 24k/day) • Perfect re-development site in future, open lot to West and small lot to East – could negotiate with other owners to combined for larger development. • Lot size ~0.49 acres with paved parking and mature fenced yard. • Zoned B-2 General Business / commercial flex – Ideal for eventual mixed-use redevelopment. • Remodeled Back apartment with in-unit laundry, fenced yard & old-growth trees. • Garage bays & overhead doors in the shop as well as main building (2 and 2) • Clear frontage & excellent visibility for tenants and marketing Financial Snapshot • Net Income: ~$85, 000/ yr • Current Cap Rate: ~6.54% • Value-add potential with lease escalations / bumping rents on shop and residential unit (Garage to be painted in the next few weeks)
MLS® Number30056965
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
HeatDuctless, Forced Air, Gas, Stove
A/CCentral Air, Ductless

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

3 days

Today, For Sale for $1,300,000

Property information flyer
For Sale · 414 days

$1,300,000

MLS® 30056965

A year ago

Not Sold Yet

October 2026, For Rent for $1,800

For Rent · 3 days

$1,800

MLS® 30080240

4 days ago

Not Leased Yet

September 2025, For Sale for $1,300,000

Property information flyer
For Sale · 414 days

$1,300,000

MLS® 30056965

A year ago

Not Sold Yet

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