428 1st Avenue W, Kalispell, MT 59901
Flathead County
Key Facts
Description
Central Kalispell Development Opportunity / Mixed-Use Income Property with Expansion Potential! This centrally located Kalispell mixed-use property offers a rare blend of immediate income, modernized interiors, and meaningful long-term development potential. Totaling 2,344 square feet, the site includes a well-maintained main building constructed in 2005 along with a connected 1940 structure that adds flexibility for future improvements. All seven income-producing areas — five office suites and two studio apartments — are fully leased, providing stable, reliable income from day one. The ground-floor studio in the older portion of the building was recently renovated and is now occupied, offering long-term flexibility for future conversion to commercial use if desired.. The older structure sits on a crawl-space foundation and has settled unevenly over the years, creating a clear value-add pathway for investors or developers looking to enhance or redevelop the property. Its central location offers strong visibility and easy access, supported by on-site parking that serves both tenants and visitors. With updated interiors, existing cash flow, and multiple avenues for future growth, this property stands out as a compelling opportunity in one of Kalispell’s most active and evolving corridors.
Property Information
Property Type
Commercial Sale
Year Built
2005
Living Area
2,344 sq ft
Lot Size
0.16 acres
Zoning
Business
Days on Market
182
MLS® Listing#
30061672
Property Features
Foundation
Financial Details
Annual Taxes
$6,453
Tax year 2025
Parcel Number
07396618132070000
Directions
Following Main St in downtown Kalispell turn onto Fifth St W right turn onto First Ave W and property is on the left.
Affordability Calculator
$127,000
Estimated monthly payment
$3,380/mo
Principal $508,000 · Est. interest $708,705 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Kalispell, MT
- $672,603
- Median Listing Price
- 68
- Median Days on Market
- 2,070
- Median Sq Ft
- $340
- Median Price / Sq Ft
- 441
- Active Listings
- This home’s price is 6% below the area median.
- Its price per sq ft is 20% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Kalispell, MT.
Location
- 428 1st Avenue W, Kalispell, MT 59901
Points of Interest in Kalispell, MT
Showing the Kalispell area map.
Nearby Schools
St Matthew's Catholic School
School · 0.1 mi away
Elrod Elementary School
Elementary · 0.1 mi away
The Knowledge Nest Preschool
School · 0.2 mi away
Kalispell Public Schools
School · 0.2 mi away
Flathead High School
Secondary · 0.3 mi away
Linderman Education Center
School · 0.4 mi away
Meadowlark Montessori School
Elementary · 0.4 mi away
Cornelius Hedges Elementary School
Elementary · 0.5 mi away
Peterson Elementary School
Elementary · 0.7 mi away
Trinity Lutheran School
Elementary · 0.8 mi away
Russell Elementary School
Elementary · 0.9 mi away
Kalispell Montessori Elementary School
Elementary · 1.3 mi away
Rankin Elementary
Elementary · 1.6 mi away
Kalispell Middle School
Secondary · 1.8 mi away
Big Sky Country Preschool
School · 1.8 mi away
Stillwater Christian School
Secondary · 2.0 mi away
Edgerton Elementary School
Elementary · 2.4 mi away
Evergreen Junior High School
Secondary · 2.7 mi away
Evergreen School District
Elementary · 2.8 mi away
Glacier High School
Secondary · 3.4 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 209 12th Street W, Kalispell, MT | $445,000 | 3 | 2 | 1,248 |
| 129 Peaks View Loop, Kalispell, MT | $445,000 | 3 | 2 | 1,316 |
| 1270 N Meridian Road, Kalispell, MT | $447,000 | 2 | 1 | 1,572 |
| 1270 N Meridian Road, Kalispell, MT | $447,000 | — | — | 1,572 |
| 169 Chateau Avenue, Kalispell, MT | $447,500 | 2 | 2 | 1,368 |
| 209 Chateau Avenue, Kalispell, MT | $447,500 | 2 | 2 | 1,368 |
Moving Cost Estimate
EXIT Agents in Kalispell
Listing Courtesy: Silvercreek Realty Group LLC - MT - 4064797770
Presented by: James W Williamson
Last Updated: 2025-12-01