160.88acacres
100 E 2nd Street 4 and 5
Whitefish, MT 59937
Listing Courtesy of
Flathead Valley Brokers
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
DETAILS
- TypeCondo/Townhouse
- Approx Sq Feet10,296
- Year Built1984
- CoolingCentral Air
- HeatingForced Air, Gas, Hot Water
- Parking FeaturesAdditional Parking, Alley Access, On Street
- UtilitiesElectricity Connected, Natural Gas Available, Fiber Optic Available
- Days on Market154
- Listing Courtesy ofFlathead Valley Brokers
- MLS #30038000
Location
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