The Ford Building represents an exceptional opportunity for 1031 buyers and investors seeking steady cash flow largely insulated from capital market swings, with a 6.5+ cap rate. This fully leased, beautifully restored retail & office building is on one of Kalispell's busiest streets in the burgeoning downtown historical district. With just 0.5% vacancy over the past 3 years, suites blend historic charm and modern updates, attracting a high-quality, extremely stable professional and retail tenant mix. Vacancies, which are rare, are typically filled within hours, not days or weeks. In addition to 14,000sf above ground, the 7,000sf basement"”used by tenants but not included in rent"”offers potential upside to new owner. Within a block, planned developments include an 11,000sf steakhouse and a 5-story hotel. Located in the heart of downtown revitalization and poised for continued growth, this is Montana income property at its finest. Seller is a licensed real estate agent.
Property Type(s):
Commercial
Year Built
|
1901
|
County
|
Flathead
|
Additional Details
AIR |
Wall Unit(s) |
AIR CONDITIONING |
Yes |
BASEMENT |
Full, Unfinished, Yes |
CONSTRUCTION |
Brick, Wood Siding |
EXTERIOR |
Awning(s) |
HEAT |
Ductless, Hot Water, Natural Gas |
INTERIOR |
elevator |
LOT |
7013 sq ft |
LOT DESCRIPTION |
Level |
PARKING |
On Street |
SEWER |
Public Sewer |
TAXES |
20931.24 |
UTILITIES |
Natural Gas Available, Cable Available, Electricity Connected, Natural Gas Connected, Phone Available |
VIEW |
Yes |
VIEW DESCRIPTION |
City |
WATER |
Public |
ZONING |
B-4 Central Business |
Location
Listing provided by: David G Stone, PureWest Real Estate - Kal/Commercial | 141 S Main Street
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