MLS # 22210463
281 1st Avenue West North, Kalispell, Montana 59901

MLS 22210463 $2,495,000

Mixed use building with six luxury residential suites and two office suites located in the heart of Kalispell, Montana, a gateway community to Glacier National Park. 4.5 cap rate can go higher. Original architect has recently completed building plans for converting office spaces into two more residential suites for a total of eight resident suites. This could potentially increase income by 20% or more. Six residential suites are fully furnished including equipped kitchens, large bedrooms with king size beds, family rooms with sleeper sofa beds. Security cameras and keyless electronic locks on all guest doors. Original owner/seller has operated business as boutique/extended stay hotel for 14 years. Call Kent Lembke 406-250-2809 or your real estate professional. Broker owned.

Contact

Spangler Real Estate
Superior, Montana 59872
(406) 822-4415

General Property Description

Days On Market: 77
Listing Date: Jul 18 2022
Property Type: Multi-Family
Property Sub-Type: Apartment
Lot Acres: 0.16
Year Built: 2006
Style: Two Story
Total Sq. Ft.: 4020
Waterfront: None
Fin. Sq. Ft. Est.: Over 3000
List Price/SqFt: 620.65
Number Of Units: 6

Property Details

Terms Of Sale: Cash
Construction: Wood/Frame
Views: City Skyline,Mountains,Power Lines,Residential,Trees
ADA Features: Bath,Door Width,Grab Bar,Kitchen Cabinet,Shower
Appliances/Equipment: Dishwasher,Dryer,Freezer,Microwave,Range,Refrigerator,Washer,Window Treatment
Appliances/Equipment: Other: TV/ceiling fans
Common Amenities: Other: Laundry Room
Expenses Paid By Own: Other: Housekeeping/wifi
Foundation: Slab
HVAC: A/C Wall Unit,Elec. Water Heater,Electric Forced Air,Heat Pump
Land Improvement: Other: Security Cameras
Miscellaneous: Individual Heat/Air,Individual Wtr Htr,Pet Restriction,Security Program

Legal and Taxes

Assessor Number: 0946500
Covenant: No
Legal: Lot 19-20, BLK 6, Section 18, R28W, T21N
School District: District No. 5
Tax Year: 2021
Taxes: 7781.21
Zoning: B2

© 2022 Montana Regional MLS. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed and should be independently verified. Listed By: America Interactive Real Estate, 281 1st Ave W N, Kalispell, MT 59901, Kent Lembke, (406) 755-3726


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