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2425 Highway 93 N

Kalispell, MT 59901
  • $2,758,800
  • STATUS: Active
  • ON SITE: 196 Days
  • MLS #: 30002129
Price Reduced
UPDATED: 221 min ago
$2,758,800
  • 0
    BEDS
  • 1.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
2004
County:
Area:

School Ratings & Info

Description

This prime commercial building with a long-term IHOP tenant, attractive lease terms, recent updates, and a strategic location in Kalispell presents an appealing investment opportunity in the rapidly growing Kalispell location. The primary lease term with IHOP has six years remaining, and is a nnn lease. One of the appealing aspects of this lease is that it includes attractive escalations. This means that the rent will increase over time, providing the potential for increased rental income. Furthermore, IHOP has the option to renew the lease for three additional 5-year terms. This provides potential for a long-term, stable income stream. The property is situated on 1.04 acres of land in a prime location in Kalispell. It features a fully equipped kitchen, a dining room, and ADA-compliant restrooms. The paved parking and security lighting enhance convenience and safety. Call Linda P 406-752-8883 or your real estate professional to view the property and for additional information. The building was constructed in 2004 and has recently undergone updates, ensuring that it meets modern standards and requirements. Its close proximity to prominent big box stores like Petco, Home Depot, Bed Bath & Beyond, Target, and Best Buy makes it highly visible and easily accessible to customers. This is particularly advantageous for attracting foot traffic and potential customers to the IHOP establishment. It is worth noting that Kalispell has been recognized as the fastest growing micropolitan area in America, highlighting the potential for growth and economic opportunities in the region. This factor further emphasizes the investment potential of the property.

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© 2023 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: 2023-09-28T00:18:56.853.
www.helenahomebuyer.com/homes/137737939
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2425 Highway 93 N Kalispell, MT 59901

  • Price: $2,758,800
  • Status: Active
  • On Site: 196 Days
  • Updated: 221 min ago
  • MLS #: 30002129
0
Beds
0
Baths
0
½ Baths
1.4
Acres
2004
Built
County:
Flathead
Area:
Kalispell
Property Description
This prime commercial building with a long-term IHOP tenant, attractive lease terms, recent updates, and a strategic location in Kalispell presents an appealing investment opportunity in the rapidly growing Kalispell location. The primary lease term with IHOP has six years remaining, and is a nnn lease. One of the appealing aspects of this lease is that it includes attractive escalations. This means that the rent will increase over time, providing the potential for increased rental income. Furthermore, IHOP has the option to renew the lease for three additional 5-year terms. This provides potential for a long-term, stable income stream. The property is situated on 1.04 acres of land in a prime location in Kalispell. It features a fully equipped kitchen, a dining room, and ADA-compliant restrooms. The paved parking and security lighting enhance convenience and safety. Call Linda P 406-752-8883 or your real estate professional to view the property and for additional information. The building was constructed in 2004 and has recently undergone updates, ensuring that it meets modern standards and requirements. Its close proximity to prominent big box stores like Petco, Home Depot, Bed Bath & Beyond, Target, and Best Buy makes it highly visible and easily accessible to customers. This is particularly advantageous for attracting foot traffic and potential customers to the IHOP establishment. It is worth noting that Kalispell has been recognized as the fastest growing micropolitan area in America, highlighting the potential for growth and economic opportunities in the region. This factor further emphasizes the investment potential of the property.
Exterior Features

Carport YN No Construction Materials StuccoDrywall Exterior Features AwningsLighting Fencing None Foundation Details Slab Garage YN No Lot Features FewtreesLevel Parking Features KitchenlevelLightedOnsitePavedParkinglot Parking Total 45 Road Frontage Type Highway Road Surface Type AsphaltPaved Roof Metal Topography Level Waterfront Features None Waterfront YN No

Interior Features

Basement None Basement YN No Cooling Centralair Cooling YN Yes Fireplace YN No Heating ForcedairGas Heating YN Yes Interior Features EntrancefoyerRecessedlightingTracklighting Window Features Doublepanewindows

Property Features

Building Area Total 4873 Business Type ProfessionalserviceRestaurantFoodbeverage Exclusions Tenants Equipment Property Condition Updatedremodeled Property Sub Type Building Sewer Publicsewer Structure Type Retail Tax Annual Amount 36267.75 Tax Legal Description Mountain View Plaza SubS31T29nR21 WLot 008Mountain View Plaza Sub Lot 8 Tax Year 2022 Utilities ElectricityconnectedHighspeedinternetavailableSewerconnectedWaterconnected Water Source Public Zoning Description B-2 KalPud

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


© 2023 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: 2023-09-28T00:18:56.853.
 
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130 Neill Avenue
Helena MT, 59601