24 1st Avenue$2,750,000
Kalispell, MT
11400.00 SF, 0.16 ACRE
$2,750,000
Property Details
BIG PICTURE
Commercial
11400.00
FT2
0.16
ACRE
Description
Discover a rare opportunity to own a piece of Kalispell’s rich history with this renovated 1903 building, once a charming inn and now a multi-unit rental property in the heart of downtown. Fully updated in 2024 while preserving its historic character, this unique asset blends old-world charm with modern convenience. The property features 47 rental units, including 8 units with private plumbing and 39 rooms that share 8 newly renovated bathrooms and a large common kitchen. Currently operating at 100% occupancy, this building offers stable cash flow in a region experiencing significant economic and population growth. Located in Kalispell’s vibrant downtown district, walkable access to shops, restaurants, parks, and public transportation. With its strong rental history, strategic location, and historic appeal, this property presents a rare opportunity for investors seeking both income and long-term appreciation in one of Montana’s fastest-growing communities. This information has been provided from sources deemed reliable but it is not guaranteed.PRICE
$2,750,000
FEATURES
- MLS #: 30057664
- Lot: 7,013.16 sqft
- Commercial
- Built in 1903
- Price/sqft: $241.23
Listing information is Copyright 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.