30-50 2nd St E - Office/Residential FOR SALE


Kalispell, MT 59901
$11,000,000 USD
406-270-2121
30-50 2nd St E, Kalispell, MT for Sale
$11,000,000 USD
Office/Residential - FOR SALE
1/62
null | 6.96% Cap Rate

30-50 2nd St E
Kalispell, MT 59901


HIGHLIGHTS

  • KM Bar & Mercantile Restaurant
  • 2,500 SQ FT Luxury Apartment
  • Large Event Space Open For Development

OVERVIEW

Remarkable Investment Opportunity in the Heart of Downtown Kalispell Presenting the iconic KM Building, a cornerstone of Kalispell's historic district since 1894. This magnificent two-story brick structure offers 80,000 square feet of prime commercial space in the downtown business district. The KM Building seamlessly blends historic charm with modern functionality. Original architectural details—pressed tin ceilings, hardwood floors, and large storefront windows—have been thoughtfully preserved while updated systems ensure contemporary efficiency. The property currently features street-level retail spaces, an upscale restaurant, the KM Bar, and professional offices on both the upper floor and lower level. With steady occupancy across all units, the building generates reliable income streams. The inclusion of a private parking area offers a rare and valuable amenity in downtown Kalispell. Located in the thriving downtown business district, the KM Building sits within a pedestrian-friendly neighborhood featuring restaurants, shops, and charming historic residential areas. Just 44 miles from Glacier National Park and 9 miles from Flathead Lake, this investment offers both historical significance and promising appreciation potential in Montana's fastest-growing region. The historic KM Building presents an excellent opportunity for an investor looking for great returns on a historic building with excellent rental performance. Don’t miss out on this fantastic opportunity in Kalispell!

FOR SALE DETAILS

PRICE

$11,000,000 USD

PRICE/SF

$138 USD /SF

CAP RATE

6.96%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Historic KM Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Bar, Restaurant, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1894

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,818 SF

ZONING

B4

APN/PARCEL ID

07-3834-26-1-02-02-0000

ASK ABOUT THIS PROPERTY

James WilliamsonSage AdvisorsMore Info
406-270-2121

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James WilliamsonSage AdvisorsMore Info
406-270-2121

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