100 2nd Street$3,550,000
Whitefish, MT
10296.00 SF
$3,550,000
Property Details
BIG PICTURE
Commercial
10296.00
FT2
Description
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.PRICE
$3,550,000
FEATURES
- MLS #: 30038000
- Lot: 43.56 sqft
- Commercial
- Built in 1984
- Cooling: Central Air
- Heating: Forced Air, Gas, Hot Water
- Price/sqft: $344.79
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