Listed by SVN PureWest Commercial Real Estate.
$3,129,000
The Ford Building
Details
APN 07396607402130000
Property Type Retail, Office
Sub Type Storefront, Traditional Office
Square Footage 14,000
Units 16
Cap Rate 7%
NOI $219,057
Occupancy 100%
Tenancy Multi
Year Built 1901
Acreage 0.161
Zoning B-4 Central Business
Exceptional opportunity for 1031 buyers and investors seeking steady cash flow and 7 cap rate.
Marketing description
The Ford Building represents an exceptional opportunity for 1031 buyers and investors seeking steady cash flow largely insulated from capital market swings, with a 7+ cap rate. This fully leased, beautifully restored retail & office building is on one of Kalispell’s busiest streets in the burgeoning downtown historical district. With just 0.5% vacancy over the past 3 years, suites blend historic charm and modern updates, attracting a high-quality, extremely stable professional and retail tenant mix. Vacancies, which are rare, are typically filled within hours, not days or weeks. In addition to 14,000sf above ground, the 7,000sf basement—used by tenants but not included in rent—offers potential upside to new owner. Within a block, planned developments include an 11,000sf steakhouse and a 5-story hotel. Located in the heart of downtown revitalization and poised for continued growth, this is Montana income property at its finest. Seller is a licensed real estate agent.
Investment highlights
Exceptional opportunity for 1031 buyers and investors
Excellent tenant mix with consistently high occupancy rate; virtually no vacancy or credit loss, even during Covid years
At the center of Kalispell’s Central Business District
Suites remodeled to retain historical charm but with modern convenience
Retail tenants are among the best in their fields, while predominance of therapists on second floor provide great stability
Owner may be willing to assist during transition to long-term property manager
Listing Contacts
Listed by SVN PureWest Commercial Real Estate.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$219,057.00
$18,254.75/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
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