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541 Spokane Ave 1,347 SF Office Building Whitefish, MT 59937 $1,570,741 CAD ($1,166.10 CAD/SF)



Investment Highlights
- High traffic count
- Currently rented to the largest Outfitter in Whitefish through October 31, 2026
- Flexible multi-use property
Executive Summary
Prime Spokane Avenue investment and owner-user opportunity in the heart of Whitefish. Located on one of the city’s highest-traffic corridors, this WR-4–zoned property offers excellent visibility with flexible residential and limited commercial use options designed to remain compatible with the surrounding neighborhood.
Listing Agent is related to the Seller. The property includes two separate structures: a front house and a one-bedroom back house. It is currently leased to a local outfitting business through 10/31/2025, providing immediate income from day one—ideal for a 1031 exchange or investor seeking stabilized cash flow.
Currently zoned WR-4 with a professional office and personal services conditional use permit already in place. Outfitters may utilize up to 25% of the square footage for retail, creating additional flexibility for business operations. The front house is presently configured for commercial use but could be relatively easily converted back to a two-bedroom residence, allowing for future residential or mixed-use potential.
The layout supports a variety of strategies: live in one unit and operate or lease the other, continue dual-income rentals, or reposition the property for residential use. The main house received a new roof in 2025, and the property has been largely updated throughout, offering a well-maintained asset in a highly desirable Whitefish location. Co-listed with Garth McPhie at EXP Realty. Listing agent related to Seller.
Listing Agent is related to the Seller. The property includes two separate structures: a front house and a one-bedroom back house. It is currently leased to a local outfitting business through 10/31/2025, providing immediate income from day one—ideal for a 1031 exchange or investor seeking stabilized cash flow.
Currently zoned WR-4 with a professional office and personal services conditional use permit already in place. Outfitters may utilize up to 25% of the square footage for retail, creating additional flexibility for business operations. The front house is presently configured for commercial use but could be relatively easily converted back to a two-bedroom residence, allowing for future residential or mixed-use potential.
The layout supports a variety of strategies: live in one unit and operate or lease the other, continue dual-income rentals, or reposition the property for residential use. The main house received a new roof in 2025, and the property has been largely updated throughout, offering a well-maintained asset in a highly desirable Whitefish location. Co-listed with Garth McPhie at EXP Realty. Listing agent related to Seller.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
1,347 SF
Building Class
C
Year Built/Renovated
1928/2016
Price
$1,570,741 CAD
Price Per SF
$1,166.10 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,347 SF
Building FAR
0.21
Lot Size
0.15 AC
Zoning
WR-4 - WR-4 with Administrative Conditional Use Permit, WCUP 19-18 allowing Professional Offices and Personal Services.
Parking
4 Spaces (2.97 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (81)
Property Taxes
| Parcel Number | 07-4292-36-4-07-10-0000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,182,104 CAD |
Property Taxes
Parcel Number
07-4292-36-4-07-10-0000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,182,104 CAD
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541 Spokane Ave
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