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100 E 2nd Street

Whitefish, MT 59937
  • $3,550,000
  • STATUS: Active
  • ON SITE: 166 Days
  • MLS #: 30038000
UPDATED: 16 min ago
$3,550,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Condo
Built:
1984
County:
Area:

School Ratings & Info

School District:

Description

INVESTORS TAKE A LOOK-Best deal in Whitefish -Two Floors of Prime location professional office condominium. Offering a 5.8% cap rate on 2024 rents and with recent lease bump, 2025 leases are projecting a 7.2% cap rate, and are being offered at an amazing $325 per square foot, far below replacement cost. The 2 units combined have 39 private or semi-private suites with over 95% occupancy and long term tenants in place. The building is just a few blocks from downtown Whitefish, MT. Investors will find this building has minimal deferred maintenance with gross leases providing for upside potential. Full Operating Memorandum available with signed NDA. Ample parking with two full parking lots for shared use Own this income producing property and enjoy visits to Whitefish Montana known for its excellent skiing on Whitefish Mountain and its proximity as a gateway to Glacier National Park. Diversify your portfolio with this solid commercial real estate investment. See documents.

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© 2025 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. Data last updated: 2025-05-22T08:18:42.607.
www.helenahomebuyer.com/homes/158561444
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100 E 2nd Street Whitefish, MT 59937

  • Price: $3,550,000
  • Status: Active
  • On Site: 166 Days
  • Updated: 16 min ago
  • MLS #: 30038000
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1984
Built
County:
Flathead
Area:
Whitefish
School District:
District No. 44
Property Description
INVESTORS TAKE A LOOK-Best deal in Whitefish -Two Floors of Prime location professional office condominium. Offering a 5.8% cap rate on 2024 rents and with recent lease bump, 2025 leases are projecting a 7.2% cap rate, and are being offered at an amazing $325 per square foot, far below replacement cost. The 2 units combined have 39 private or semi-private suites with over 95% occupancy and long term tenants in place. The building is just a few blocks from downtown Whitefish, MT. Investors will find this building has minimal deferred maintenance with gross leases providing for upside potential. Full Operating Memorandum available with signed NDA. Ample parking with two full parking lots for shared use Own this income producing property and enjoy visits to Whitefish Montana known for its excellent skiing on Whitefish Mountain and its proximity as a gateway to Glacier National Park. Diversify your portfolio with this solid commercial real estate investment. See documents.
Exterior Features

Carport YN No Construction Materials Wood Frame Foundation Details Poured Garage YN No Lot Features Level Rolling Slope Parking Features Additional Parking Alley Access On Street Road Frontage Type City Street Highway Road Surface Type Asphalt Topography Level Rolling View City Mountain(s) Creek / Stream View YN Yes Waterfront YN No

Interior Features

Basement YN No Cooling Central Air Cooling YN Yes Fireplace YN No Flooring Carpet Vinyl Heating Forced Air Gas Hot Water Heating YN Yes Interior Features Entrance Foyer High Speed Internet Window Features Window Coverings

Property Features

Building Area Total 10296 Building Features Private Restrooms Reception Area Sign(s) Wi- Fi Community Features Curbs Street Lights Sidewalks Listing Terms Cash Conventional Property Sub Type Condominium Property Sub Type Additional Condominium Security Features Fire Alarm Smoke Detector(s) Security System Sewer Public Sewer Special Listing Conditions Standard Structure Type Mixed Use Office Tax Annual Amount 21597.62 Tax Legal Description RIVERSIDE PLAZA BUSINESS CONDO WFSH BLK 39 S36 T31 N R22 W UNIT 4 AND 5 ASSESSOR #0000484010 AND Tax Year 2024 Utilities Electricity Connected Natural Gas Available Fiber Optic Available Water Source Public Zoning Description WB-3 General Business District

Listing Agent: Linda Pistorese
Listing Office: Flathead Valley Brokers, Office Contact Info: 406-752-8883


© 2025 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. Data last updated: 2025-05-22T08:18:42.607.
 
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Andy O Realty Group | Keller Williams Capital Realty
130 Neill Avenue
Helena MT, 59601