100 2nd St E - Medical CONDO FOR SALE
Whitefish, MT 59937 |
$1,985,000 USD
406-607-8464
Aug '26
100 2nd St E
Whitefish, MT 59937
HIGHLIGHTS
- 100% occupied with an active tenant waiting list and a collegial, cross-referring tenant community (wellness, financial & professional services)
- 7.0% cap rate on ~$139,000 NOI; 1031 exchange buyers welcome
- Anchor tenant committed through June 2029, with additional suites carrying contracted rent escalations through 2027–2028
- Renovated 2020–2025 with move-in ready finishes; building systems and common areas managed by the condo association for passive ownership
- Third-floor suite with river & mountain views, two large dedicated parking lots, and steps from the Whitefish River Trail and downtown
- 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%
# OF UNITS
1
CONDO SIZE
-
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Riverside Plaza Unit 5
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
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
07-4292-36-2-10-03-7005
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406-607-8464
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406-607-8464
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