REMAX of Bigfork

Montana MLS listings similar to 30043090

50 2nd Street E, Kalispell 50 2nd Street E, Kalispell 50 2nd Street E, Kalispell
Kalispell
$11,000,000
Continue a legacy with the largest historic building in downtown Kalispell. With nearly 80,000 sq ft, 75 leasable units and 45 parking spaces. The building is home to the Mercantile Steakhouse and KM Bar which are thriving local favorites with their central downtown location, and excellent accessibility. The luxury 4 bed/ 5 bath apartment with rooftop bar and patio is currently owner occupied but is a great opportunity for added rental income. An additional 8,000+ sq ft second floor "warehouse" is currently used as event space. The KM building is an opportunity for investment with stable income and significant growth potential! Prime Core Downtown Kalispell Location on the East side of Hwy 93/Main Street between 2nd & 3rd Street. Building and parking lot occupy the entire East half of the 200 block of 1st Avenue East, across from City Hall and the Flathead County Library. See supplement for more highlights. 80,000 square foot building 45 parking spaces in a private lot at South end of building Multiple restaurant tenants Average rent rate of $24/sq ft annually Management in place, 75 of 75 spaces currently leased to 59 tenants. Additional street parking Elevator B-4 Zoning Largest historic building in downtown Kalispell Central downtown location Opportunity for growth with 8,000 sq ft additional lease space Luxury 4 bed/5 bath Apartment with roof top bar and deck New Roof in 2025 16 of 22 HVAC units were repaired or replaced in 2025 33 Brand new leasable spaces, bathrooms and a kitchenette were added to the lower level in 2024 Additional square footage on the lower level is also available for development Fiber optic internet available throughout building Secured access at all entrances

Land: 0.96 acres
Waterfront:
MLS Number: 30043090
Days on Market: 24

Similar Properties

The following properties are similar in price, location and attributes.

758 West Road, Lonepine
758 West Road
Lonepine, Little Bitteroot Cr
$12,000,000
Land: 142.00 acres
Waterfront: Creek,Other,Waterfront
MLS Number: 30027214
23711 Us 93 23113 Rollins Lakeshore Dr, Rollins
23711 Us 93 23113 Rollins Lakeshore Dr 23113 Rollins Lakeshore Dr
Rollins, Flathead Lake
$8,900,000
Land: 8.90 acres
Waterfront: Lake,Waterfront
MLS Number: 30030061
12555 Us Highway 2 E 12340, West Glacier
12555 Us Highway 2 E 12340 12340
West Glacier
$14,150,000
Land: 10.70 acres
Waterfront:
MLS Number: 30020110
4947 Us Highway 2 W, Columbia Falls
4947 Us Highway 2 W
Columbia Falls
$14,000,000
Land: 12.02 acres
Waterfront:
MLS Number: 30029775
317 Central Avenue, Whitefish
317 Central Avenue
Whitefish
$11,500,000
Land: 0.15 acres
Waterfront:
MLS Number: 30036489
The Hollinger Team

Can we answer any questions for you?

With a lifetime of experience living here in Montana's Flathead Valley, we can answer any question you might have—we've got a ton of real estate expertise, but we can also help with the practical stuff too, like where the best fishing spots are, when ski season begins, and what to do if a moose wanders into your property.

Give us a call, or drop us a note, we'd love to introduce ourselves...
(406) 837-5531 | email: Scott, Diana, Kellie, Drew, or Dane

Contact the Hollinger Team:

    First Name

    Last Name

    Email (required)

    Phone

    Message