For Sale
$495,000

811 2Nd AveBillings, MT 59101

Prime Billings Flex Space, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 4,108 sq ft flex space in Billings, Montana, presents a lucrative investment opportunity. Located at 811 2nd Ave N, this single-story, 1963-built building boasts a 2016 renovation and sits on a 0.277 sq ft lot. Currently leased for $2,500/month with annual rent bumps, the property offers a strong return on investment with a remaining lease term of approximately 1.3 years (expiring February 28, 2026). The asking price is $495,000, translating to $120.50 per square foot. Ideal for a variety of uses, the property features 15' ceilings, two overhead doors, a loading ramp, and 3-phase power. The building is zoned I1-Light Industrial and benefits from its location within the EBURD (tax increment district). The property includes both office and shop space, making it suitable for businesses requiring both administrative and operational areas. A new 60 mil roof was installed in 2021, ensuring long-term structural integrity. This central Billings location provides easy access to all areas of the city and county, with the Lockwood interchange nearby. The property's strong tenant occupancy and desirable features make it an attractive investment prospect. The property's APN is A09334.

Highlights

  • $495,000 asking price for this 4,108 SF flex industrial property.
  • Located at 811 2nd Ave N, Billings, MT 59101, in the I1-Light Industrial zone.
  • Single-tenant, modified lease with 1.3 years remaining (expires 2/28/2026), currently generating $2,500/month in rent.
  • Features include 15' ceilings, two overhead doors, 3-phase power, and a 2021 new roof.
  • Situated on a 0.277-acre lot, this 1-story, 1963-built building was renovated in 2016.

Property Details for 811 2Nd Ave

Property type
Industrial properties, Flex space
Square Feet
4,108 SF
Year Built/Renovated
1963/2016
Buildings
1
Stories
1

Location Insight

City
Billings
County
Yellowstone
State
Montana
Latitude
45.79454562
Longitude
-108.48256701
811 2Nd Ave, Billings, Montana

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811 2Nd Ave
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