Historic Retail and Office Space in Downtown Kalispell

USD $3,129,000
141 South Main Street, Kalispell, Montana, 59901, USA

Property Highlights

  • Fully leased retail and office building
  • Located on busy downtown Kalispell street
  • Historic charm with modern updates
  • Low vacancy rate of 0.5%
  • 7,000sf tenant-used basement space
  • Near planned steakhouse and hotel development

Overview

The Ford Building represents an exceptional opportunity for 1031 buyers and investors seeking steady cash flow largely insulated from capital market swings, with a 7+ cap rate. This fully leased, beautifully restored retail & office building is on one of Kalispell's busiest streets in the burgeoning downtown historical district. With just 0.5% vacancy over the past 3 years, suites blend historic charm and modern updates, attracting a high-quality, extremely stable professional and retail tenant mix. Vacancies, which are rare, are typically filled within hours, not days or weeks. In addition to 14,000sf above ground, the 7,000sf basement-used by tenants but not included in rent-offers potential upside to new owner. Within a block, planned developments include an 11,000sf steakhouse and a 5-story hotel. Located in the heart of downtown revitalization and poised for continued growth, this is Montana income property at its finest. Seller is a licensed real estate agent.
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Property Features

141 South Main Street, Kalispell, Montana, 59901, USA offers the following features:

Property Type: Residential
Status: Active
Reference ID: 30054240

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