For Sale
$2,800,000

1223 Grand Ave Billings, MT 59102

Billings, MT Mixed-Use Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 7,462 square foot mixed-use property, located at 1223 Grand Ave in Billings, Montana, presents a unique investment opportunity. The property, built in 2005, encompasses a fully licensed casino and restaurant, operating under a single tenancy. Situated on a substantial 1.256-acre lot (54,658 sq ft), the building boasts excellent visibility and frontage on one of Billings' busiest streets, experiencing an average daily traffic count of 22,630 vehicles. The sale includes the real estate, a Montana All Beverage and Gaming License, and fixtures, furniture, and equipment (FF&E). The property features a spacious layout, including an extra-large kitchen equipped with ample walk-in coolers, freezers, and storage. Abundant parking is available for patrons. The property is currently vacant, offering a blank canvas for a new operator to capitalize on the prime location and existing licenses. Zoned CMU1-Corridor Mixed Use 1, this property offers significant potential for a variety of hospitality uses. The asking price is $2,800,000, translating to $375.23 per square foot. The APN is A10058. This is a rare chance to acquire a turn-key, high-traffic, mixed-use establishment in a thriving Montana market.

Highlights

  • Midtown Billings restaurant, casino, and bar for sale.
  • Includes real estate, Montana liquor and gaming licenses, and furniture, fixtures, and equipment (FF&E).
  • High-visibility location with excellent street frontage.
  • High traffic count: 22,630 average daily vehicles.
  • 7,462 square-foot building on a 1.256-acre (54,726 SF) lot.
  • Large kitchen with ample walk-in refrigeration and storage.

Property Details for 1223 Grand Ave

Property type
Casinos, Retail properties
Square Feet
7,462 SF
Year Built
2005
Buildings
1
Stories
1
Units
1

Location Insight

City
Billings
County
Yellowstone
State
Montana
Latitude
45.7846536
Longitude
-108.5469469

FAQs

What type of property is this?
Casino - Billings, MT Mixed-Use Investment Opportunity
Where is the casino located?
The property is located at 1223 Grand Ave Billings, MT.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Midtown Billings restaurant, casino, and bar for sale.; Includes real estate, Montana liquor and gaming licenses, and furniture, fixtures, and equipment (FF&E).; High-visibility location with excellent street frontage.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1223 Grand Ave
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