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Sweat House Gym 300 1st Ave W

9,668 SF Retail Building Kalispell, MT 59901 $2,299,000 ($238/SF) 8.05% Cap Rate

Investment Highlights

  • Downtown
  • Open Span Construction
  • Walkable

Executive Summary

Sale leaseback opportunity, seller will sign a 3 year NNN lease prior to closing. Long standing successful gym and physical therapy business.
Prime Downtown Commercial Building with Onsite Parking - Welcome to your next venture nestled in the heart of downtown. This exceptional commercial property offers versatile space with convenient onsite parking - a true gem in the bustling city center. With open span construction the building and location create opportunities for many different businesses.
Contact James Williamson, 406 270-2121 or your real estate professional for more information. Key Features: Central Location: Situated in the vibrant downtown area, this property enjoys high foot traffic and excellent visibility, ensuring maximum exposure for your business. Dedicated Parking: With onsite parking available for both clients and staff. Flexible Layout: The open layout of the building allows for easy customization to suit your specific business requirements. Whether you wish to maintain the current gym setup or explore other options, the possibilities are endless with open span construction. Proximity to Amenities: Surrounding amenities such as cafes, shops, and schools add to the allure of this location.

Data Room Click Here to Access

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Health Club
Building Size
9,668 SF
Building Class
B
Year Built/Renovated
1965/2020
Price
$2,299,000
Price Per SF
$238
Cap Rate
8.05%
NOI
$185,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.92
Lot Size
0.24 AC
Zoning
B-3 - Business, Multi-Family, and Mixed Use Zoning.
Walk Score ®
Walker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Mod Pizza
Starbucks
U.S. Bank
Glacier Bank
Rent-A-Center
Curves
Smith's
Albertsons
WW
  • Listing ID: 31512956

  • Date on Market: 4/15/2024

  • Last Updated:

  • Address: 300 1st Ave W, Kalispell, MT 59901

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