Chat with us, powered by LiveChat
Skip Navigation Links

100 E 2nd Street 4 and 5

Whitefish, MT 59937

$3,550,000
Commercial Sale Listing
10,296 SqFt

Summary

INVESTORS TAKE A LOOK-Best deal in Whitefish -Two Floors of Prime location professional office condominium. Offering a 5.8% cap rate on 2024 rents and with recent lease bump, 2025 leases are projecting a 7.2% cap rate, and are being offered at an amazing $325 per square foot, far below replacement cost. The 2 units combined have 39 private or semi-private suites with over 95% occupancy and long term tenants in place. The building is just a few blocks from downtown Whitefish, MT. Investors will find this building has minimal deferred maintenance with gross leases providing for upside potential. Full Operating Memorandum available with signed NDA. Ample parking with two full parking lots for shared use Own this income producing property and enjoy visits to Whitefish Montana known for its excellent skiing on Whitefish Mountain and its proximity as a gateway to Glacier National Park. Diversify your portfolio with this solid commercial real estate investment. See documents.

Details

  • Type
    Condo/Townhouse
  • Approx Sq Feet
    10,296
  • Year Built
    1984
  • Cooling
    Central Air
  • Heating
    Forced Air, Gas, Hot Water
  • Parking Features
    Additional Parking, Alley Access, On Street
  • Utilities
    Electricity Connected, Natural Gas Available, Fiber Optic Available
  • Days on Market
    154
  • Listing Courtesy of
    Flathead Valley Brokers
  • MLS #
    30038000

Location

Loading...
Sign upPlease sign up for updates and property information.
    I am interested in the following locations
  • This site is protected by reCAPTCHA see our Privacy Policy

ERA® and the ERA Logo are registered service marks owned by ERA Franchise Systems LLC. Robyn L. Erlenbush Real Estate, P.C. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to ERA Franchise Systems LLC nor any of its affiliated companies. © 2019 Robyn L. Erlenbush Real Estate, P.C. All rights reserved.

All property data and market statistics are pulled from Big Sky Country MLS.

Real estate website design, development and optimization by Organic Return