o Current Cap Rate: ~6.54% o Value-add potential with lease escalations / bumping rents on shop and residential unit Booming Downtown Kalispell!!! Steps to the Parkline Trail and soon to be redeveloped mall. This well-located, high traffic countn(22k APD per MDT), fully-leased mixed-use property offers stable cash flow with upside. Combining commercial and residential income, plus billboard lease revenue, it's a turnkey investment with potential for increased yield through strategic improvements or rent increases. Ownership has spent $450k+ in last 12 months on complete remodel/ upgrades. o Complete interior and site remodel with full change of use. o New roof (<5 yrs old) o New HVAC systems and plumbing throughout. o Two new ADA bathrooms, and 2 showers. o Updated 1BR/1BA apartment. o New site work including fresh asphalt (front and rear) and 6 added parking spaces. (18 total) o New front concrete sidewalk/ ADA parking/ entrance and approach. o New curbing and wonderful landscaping, fully irrigated. o New fencing, in front and rear.o Opened up back exit for parking via city alley for better traffic flow. o Large, level backyard with mature trees and grass. Investment Highlights o Stable tenant roster with long-term leases. o Triple income streams from commercial (NNN & gross) and residential. o Billboard income adds $2,200 annually. o High-traffic / visibility location along E Idaho St / Highway 2. (approx 24k/day) o Perfect re-development site in future, open lot to West and small lot to East - could negotiate with other owners to combined for larger development. o Lot size ~0.49 acres with paved parking and mature fenced yard. o Zoned B-2 General Business / commercial flex - Ideal for eventual mixed-use redevelopment. o Remodeled Back apartment with in-unit laundry, fenced yard & old-growth trees. o Garage bays & overhead doors in the shop as well as main building (2 and 2) o Clear frontage & excellent visibility for tenants and marketing Financial Snapshot o Net Income: ~$85,000/ yr o Current Cap Rate: ~6.54% o Value-add potential with lease escalations / bumping rents on shop and residential unit (Garage to be painted in the next few weeks)