302 & 304 2nd Ave W, Kalispell, MT for sale

Investment Overview

Mixed-use commercial building located two streets off Main Street in the Kalispell Central Business District, zoned B-4. The property offers approx. 6,000 SF of main-floor commercial space, three second-floor apartments totaling approx. 3,000 SF, and approx. 3,000 SF of dry, easily accessed basement storage. Additional property features include a membrane roof installed in 2024, parking at the rear along the alley, and on-street parking. The main floor includes a storefront on 2nd Avenue West and a street-level loading dock on the alley with one 10-foot overhead door and potential for a second. The space can serve a single user or be demised into two or three spaces, possibly including two street-front retail suites with a light industrial space in the rear. B-4 zoning allows a range of uses, including retail, restaurant, bakery, church, multi-family, and home occupation. The second floor contains one three-bedroom apartment and two studio units with shared laundry. A separate entrance stairwell lets the residential and commercial uses operate independently, while an interior stairwell connects the main floor to the second, allowing an owner-operator to live upstairs and work downstairs. Projected rents are $1,000/month per studio and $2,000/month for the three-bedroom, for potential residential income of $4,000/month ($48,000/year).