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2316 1St AveBillings, MT 59101

Prime Retail, 1900 sq ft, New Construction

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 1,900-square-foot retail space is located in the heart of Billings' vibrant downtown, within the Old Town Flats development. This Class A, single-tenant property, built in 2024, offers unparalleled visibility and accessibility. Situated in a high-traffic area with excellent retail exposure, the space is ideal for a variety of businesses. The property is zoned CBD and located in Yellowstone County. The landlord is open to build-to-suit options for tenants signing long-term leases, offering flexibility to tailor the space to specific business needs. The space can be leased as a single 1,900 sq ft unit or divided into two 950 sq ft units. Monthly rent ranges from $1,979 to $4,433, plus utilities, with a triple net (NNN) rate of $21-$24 per square foot, with NNN charges at $4 PSF. The Old Town Flats development includes 36 high-end residential units, creating a built-in customer base for retail tenants. Building amenities include electric vehicle charging stations, key card access, security cameras, a dog park, and a community patio with grills. The property enjoys close proximity to numerous restaurants and shops, and neighboring businesses include Ciao Mambo, Uberbrew, Nova Theater, and Buffalo Block at the Rex. This is a rare opportunity to secure a prime retail location in a thriving downtown area.

Highlights

  • 1,900 SF of new construction retail/office space available for lease in Billings, MT's Old Town Flats development.
  • Located in the Central Business District (CBD) of Yellowstone County.
  • Building is Class A and was built in 2024.
  • Lease rate: $1,979-$4,433/month + utilities ($21-$24 PSF NNN, NNN charges $4 PSF).
  • Landlord will build-to-suit for long-term tenants.

Property Details for 2316 1St Ave

Property type
Retail properties, Land
RSF (Rentable sq. ft)
1,900 SF
Class
A
Year Built
2024
Buildings
1

Unit(s) available at that property

Space
Size
1,900 SF

Location Insight

City
Billings
County
Yellowstone
State
Montana
Latitude
45.784607
Longitude
-108.5001027
2316 1St Ave, Billings, Montana

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2316 1St Ave
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