Log In/Sign Up
Your email has been sent.
1300 Baker Ave
Whitefish, MT 59937
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Unique investment opportunity for both the investor and owner/user
- Excellent opportunity for the passive investor
- Lease expiration dates are flexible based on the future needs of the buyer
- Park Side will vacate portions of the property based on the needs of the buyer.
- Located in Whitefish adjacent to a number of amenities
- Park Side will agree to vacate the first and third floors of the property at the close of escrow or provide a shorter lease term
EXECUTIVE SUMMARY
1300 Baker Avenue presents a rare and flexible investment opportunity for both passive investors and owner/users seeking Class A office space in the heart of Whitefish. This three-story, ±15,886 SF building is currently owned and occupied by Park Side Financial Credit Union, one of Montana’s largest and most established credit unions with over $373 million in assets and 39,000+ members.
Lease Structure & Flexibility:
Park Side will lease back the property under a triple-net (NNN) lease, commencing at the close of escrow. The lease is structured with staggered terms across three floors:
First Floor: 5-year lease | ±5,295 SF
Second Floor: 15-year lease | ±5,295 SF
Third Floor: 5-year lease | ±5,295 SF
To accommodate owner/users, Park Side is willing to vacate the first and third floors at close of escrow or offer shorter lease terms, allowing buyers to occupy space tailored to their operational needs while benefiting from rental income on the remaining leased space.
Property Highlights
Location: Prime Whitefish location adjacent to key amenities
Size: ±15,886 SF building on a ±65,340 SF parcel
Zoning: Permits Commercial, Retail, Mixed-Use, Residential, and Hospitality uses
APN: 07418401117010000
Tenant: Park Side Financial Credit Union – established in 1965
Investor Appeal
This offering is ideal for passive investors seeking a single-tenant, NNN-leased asset with no landlord responsibilities. The Whitefish market is known for its limited inventory and strong leasing activity, making this a compelling long-term investment.
Lease Structure & Flexibility:
Park Side will lease back the property under a triple-net (NNN) lease, commencing at the close of escrow. The lease is structured with staggered terms across three floors:
First Floor: 5-year lease | ±5,295 SF
Second Floor: 15-year lease | ±5,295 SF
Third Floor: 5-year lease | ±5,295 SF
To accommodate owner/users, Park Side is willing to vacate the first and third floors at close of escrow or offer shorter lease terms, allowing buyers to occupy space tailored to their operational needs while benefiting from rental income on the remaining leased space.
Property Highlights
Location: Prime Whitefish location adjacent to key amenities
Size: ±15,886 SF building on a ±65,340 SF parcel
Zoning: Permits Commercial, Retail, Mixed-Use, Residential, and Hospitality uses
APN: 07418401117010000
Tenant: Park Side Financial Credit Union – established in 1965
Investor Appeal
This offering is ideal for passive investors seeking a single-tenant, NNN-leased asset with no landlord responsibilities. The Whitefish market is known for its limited inventory and strong leasing activity, making this a compelling long-term investment.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
15,866 SF
Building Class
C
Year Built
1999
Price
$4,028,397 CAD
Price Per SF
$253.90 CAD
Cap Rate
7.50%
NOI
$302,130 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.25
Lot Size
1.48 AC
AMENITIES
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 07-4184-01-1-17-01-0000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $11,440,652 CAD |
PROPERTY TAXES
Parcel Number
07-4184-01-1-17-01-0000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$11,440,652 CAD
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
