Description
Positioned in the heart of historic downtown Kalispell, this iconic 1900 building presents a rare opportunity to own a thoughtfully modernized mixed use asset in one of Northwest Montana’s most dynamic and rapidly growing markets. This is a perfect opportunity to move into one of the two levels and gain instant income with the apartments above. Blending historic character with meaningful infrastructure upgrades, the property has been extensively improved with updated electrical, plumbing, heating and air conditioning systems, along with new windows, creating a turnkey foundation for both investors and entrepreneurs. With exceptional Main Street visibility and strong pedestrian presence, the commercial space offers flexibility for retail, studio, office, hospitality, or experiential business concepts. The retail and lower level are currently occupied by a successful dance company, providing established income and an active community presence. Above, three residential apartments create an increasingly rare downtown living component with the potential for long term, nightly, or weekly rental income, subject to local regulations. This blend of commercial frontage and residential opportunity offers multiple avenues for revenue generation and long term value appreciation. Surrounded by Kalispell’s thriving restaurant, retail, and arts scene, this is more than an investment property, it is a chance to own a piece of Montana history reimagined for modern day living and business. Current tenant lease expires 4/30/27.
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School Ratings & Info
Description
Positioned in the heart of historic downtown Kalispell, this iconic 1900 building presents a rare opportunity to own a thoughtfully modernized mixed use asset in one of Northwest Montana’s most dynamic and rapidly growing markets. This is a perfect opportunity to move into one of the two levels and gain instant income with the apartments above. Blending historic character with meaningful infrastructure upgrades, the property has been extensively improved with updated electrical, plumbing, heating and air conditioning systems, along with new windows, creating a turnkey foundation for both investors and entrepreneurs. With exceptional Main Street visibility and strong pedestrian presence, the commercial space offers flexibility for retail, studio, office, hospitality, or experiential business concepts. The retail and lower level are currently occupied by a successful dance company, providing established income and an active community presence. Above, three residential apartments create an increasingly rare downtown living component with the potential for long term, nightly, or weekly rental income, subject to local regulations. This blend of commercial frontage and residential opportunity offers multiple avenues for revenue generation and long term value appreciation. Surrounded by Kalispell’s thriving restaurant, retail, and arts scene, this is more than an investment property, it is a chance to own a piece of Montana history reimagined for modern day living and business. Current tenant lease expires 4/30/27.
© 2026 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: 2026-06-11T21:18:57.327.
