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Acquisition Opportunity 431 Business Center 431 1st Ave W
15,070 SF 61% Leased Office Building Kalispell, MT 59901 $2,850,000 ($189/SF)
Investment Highlights
- Established long term tenants on the main floor
- Multiple ingress/egress access points
- Ample on-site paved parking with nearby public, on-street parking
- Centrally located in Kalispell's vibrant central business district, walkable to shops and restaurants
- Easily configured into a single or multi-tenant space
- Well maintained with functional floorplan
Executive Summary
The subject property offers the opportunity to occupy a portion of the building while slowly growing into more space as leases term over time. Alternatively, an investor can capture the opportunity to own a rare value-add downtown Kalispell property with healthy rent upside potential.
Dedicated parking is scarce in Downtown Kalispell. With a dedicated parking lot and street parking available, the 431 Business Center alleviates the headache of dispersed parking—a challenge that many other downtown businesses have to overcome.
Multiple ingress/egress points allows for a functional multi-tenant setup with features such as an inviting reception/waiting area, private offices, conference rooms, multiple break areas and ADA accessibility via the lift along the stairway.
Located in one of the nation's fastest-growing micropolitan areas, Kalispell offers robust economic growth and a high quality of life between Glacier National Park and Flathead Lake.
Data Room Click Here to Access
Property Facts
Amenities
- Kitchen
- Central Heating
- Outdoor Seating
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Join a professional environment with strong neighboring tenants. Situated on the garden-level near downtown Kalispell, this ±7,500 square foot office offers dedicated parking in an ideal location. Featuring two (2) waiting areas, six (6) private offices, three (3) bull-pen areas, two (2) kitchenette areas and dual access, this space can be easily demised to accommodate multiple tenants.
Suite 2 is ±178 rentable square feet located on the lower garden level. - $510 FS
Suite 3 is ±203 rentable square feet located on the lower garden level - $425 FS
Suite 5 is ±238 rentable square feet located on the lower garden level - $500 FS
Suite 6 is ±2033 rentable square feet located on the lower garden level. Suite 6 is $3,100.00/month gross.
Suite 7 is ±1,306 rentable square feet on the lower garden level. Suite 7 is $2,000/month full gross lease
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 170-7,501 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 2 | 245 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 3 | 203 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 5 | 238 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 6 | 2,033 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 7 | 1,306 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 170-7,501 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 2
| Size |
| 245 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 3
| Size |
| 203 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 5
| Size |
| 238 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 6
| Size |
| 2,033 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 7
| Size |
| 1,306 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 170-7,501 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Join a professional environment with strong neighboring tenants. Situated on the garden-level near downtown Kalispell, this ±7,500 square foot office offers dedicated parking in an ideal location. Featuring two (2) waiting areas, six (6) private offices, three (3) bull-pen areas, two (2) kitchenette areas and dual access, this space can be easily demised to accommodate multiple tenants.
1st Fl-Ste 2
| Size | 245 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Suite 2 is ±178 rentable square feet located on the lower garden level. - $510 FS
1st Fl-Ste 3
| Size | 203 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Suite 3 is ±203 rentable square feet located on the lower garden level - $425 FS
1st Fl-Ste 5
| Size | 238 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Suite 5 is ±238 rentable square feet located on the lower garden level - $500 FS
1st Fl-Ste 6
| Size | 2,033 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Suite 6 is ±2033 rentable square feet located on the lower garden level. Suite 6 is $3,100.00/month gross.
1st Fl-Ste 7
| Size | 1,306 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Suite 7 is ±1,306 rentable square feet on the lower garden level. Suite 7 is $2,000/month full gross lease
PROPERTY TAXES
| Parcel Number | 07-3966-18-1-33-13-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,771,400 |
PROPERTY TAXES
Contacts
-
Janna Goachee -
Claire Matten, CCIM/SIOR -
Carly Chenoweth -
Sterling Commercial Real Estate Advisors
Presented by
Acquisition Opportunity 431 Business Center | 431 1st Ave W
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