100 2nd St E - Office CONDO FOR SALE
Whitefish, MT 59937 |
$1,985,000 USD
406-607-8464
100 2nd St E
Whitefish, MT 59937
HIGHLIGHTS
- Stabilized Income Asset— 7.25% Cap Rate and a $144,000 NOI on Fully Leased Office Condo — 1031 exchange buyers welcome.
- 100% occupied with an active tenant waiting list and a collegial, cross-referring tenant community (wellness, financial & professional services).
- Prime location with anchor tenant committed through June 2029, with additional suites carrying contracted rent escalations through 2027–2028.
- Renovated 2020–2025 with move-in-ready finishes, with building systems and common areas managed by the condo association for passive ownership.
- Proven building comp, with Unit 7 at Riverside Plaza closed in July 2026 at a 7% cap rate.
- Optional pairing with Unit 4 for majority building ownership, in Flathead County — Montana's #1 fastest-growing county since 2020.
FOR SALE DETAILS
PRICE
$1,985,000 USD
PRICE/SF
$385 USD /SF
CAP RATE
7.25%
# OF UNITS
1
CONDO SIZE
-
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Riverside Plaza Unit 5
PROPERTY TYPE
Office
ADD'L SUBTYPES
Loft/Creative Space, Office/Residential
TOTAL BUILDING SIZE
5,150 SF
STORIES
3
BUILDING CLASS
B
YEAR BUILT
1984
SPRINKLERS
-
PARKING SPACES
54
LAND DETAILS
LAND ACRES
0.72 AC
LAND SF
31,363 SF
ZONING
1/ WB-3
APN/PARCEL ID
07-4292-36-2-10-03-7004,07-4292-36-2-10-03-7005,07-4292-36-2-10-03-7007
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
406-607-8464
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
406-607-8464
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
