Commercial Real Estate for Sale at 121 Iowa Avenue in Whitefish, MT for $5,450,000

Listing data last changed 2/11/2025
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121 Iowa Avenue | Whitefish

$5,450,000

Unique INVESTMENT OPPORTUNITY in CITY BEACH, WHITEFISH! Located minutes from Whitefish Mountain Resort and walking distance to Whitefish Lake, this 32-condo complex offers exceptional investment potential. Key Highlights: 32 Units Total: 30 1-bed/1-bath condos, 1 3-bed/2-bath unit, and 1 laundry room. Steady Cash Flow: 28 units are leased, with strong rental demand and minimal vacancy. Renovations: Units 3B & 3I remodeled and other units, adding significant value. Additional Income: Laundry room (Unit 3J) with 4 coin-operated washers and dryers. Prime Location: Minutes to Whitefish Mountain Resort, steps to Whitefish Lake, and walking distance to downtown. Ample Parking: 61 parking spots plus 8-car heated garage. HOA Transfer: HOA presidency transfers to the buyer. Don’t miss this investment in a high-demand area! PLEASE READ ALL THE DOCUMENTS POSTED ON THE MLS Contact Derek Joseph (406) 607-5377 or your real estate professional Assessor #s for 32 Condos: 0008822, 0008824, 0008825, 0008826, 0008827, 0008829, 0008830, 0008832, 0008833,0008834,0008835,0008836,0008837,0008838,0008839, 0008841, 0008842, 0008843, 0008844, 0008845, 0008846, 0008847, 0008848, 0008849, 0008851, 0008852, 0008853, 0008854, 0008855, 0008856, 0008857, 0008861 MTR 30026408

Directions to property: Travel North on Baker Ave, Turn Left onto Edgewood, Turn Right onto Iowa Ave and 121 Iowa Ave is on your right hand side.

MLS Listing ID: 
MTR 30026408
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$5,450,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Primary Market Area: 
Whitefish
Address: 
121 Iowa Avenue, Whitefish, MT 59937, US
County: 
Flathead
Latitude: 
48.4164156
Longitude: 
-114.3424715
Building Details
Details about the building on a property.
Year Built: 
2002
Basement: 
Crawl Space
Construction
Foundation Details: 
Poured
Roof: 
Metal
Exterior Features: 
See Remarks
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Baseboard, Electric, Radiant
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
1.03
Lot Size (Area): 
45,026
View: 
Mountain(s), Ski Area
Waterfront: 
0
Lot Features
Parking Type: 
Additional Parking, Heated Garage
Public Record
Parcel Number: 
07429225327017102
Contract Details
Details about the listing contract.
Disclosures: 
Owner Is Listing Agent
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Derek Joseph
Listing Office Name: 
PureWest Real Estate - Whitefish