1282 US Highway 2 E - Apartments FOR SALE


Kalispell, MT 59901
$1,500,000 USD
406-751-4333
1282 US Highway 2 E, Kalispell, MT for Sale
$1,500,000 USD
Apartments - FOR SALE
1/66
null | Request Cap Rate

1282 US Highway 2 E
Kalispell, MT 59901


OVERVIEW

Don’t miss this exceptional mixed-use property offering both strong income potential and a high-visibility commercial location. Ideal for an investor or owner-occupant, the ground floor features 3,220 square feet of newly remodeled commercial space, perfectly suited for food service or retail sales. Positioned just off Highway 2 East, the property benefits from some of the highest traffic counts in Flathead County, ensuring outstanding exposure for your business. The commercial space includes dedicated front parking, while an ample parking lot serves both residential and commercial uses. All top-of-the-line fixtures, furnishings and equipment are included at the listing price (see Equipment Schedule). Upstairs, the residential component includes five fully occupied apartments—four one-bedroom units and one three-bedroom unit—all remodeled within the past several years. The building has been well maintained, with a new roof on both the main structure and the residential carport. A recent inspection was completed, and nearly all critical items identified were addressed by the current and previous owners. Whether you’re seeking a high-visibility food service location, a turnkey income-producing property, or the flexibility to occupy the commercial space while rental income helps offset your mortgage, this property checks all the boxes.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$233 USD /SF

# OF UNITS

5

PRICE/UNIT

$300,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

Business

APN/PARCEL ID

07-3966-04-3-08-24-0000

ASK ABOUT THIS PROPERTY

David StonePureWest Real EstateMore Info
406-751-4333

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David StonePureWest Real EstateMore Info
406-751-4333

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.