For Sale
$1,200,000

1812 Monad RdBillings, MT 59102

Mixed-use property, high occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
116
Exceptional investment opportunity in Billings, Montana! This mixed-use property at 1812 Monad Rd features two buildings totaling 6,136 square feet on a 0.83-acre lot. The property is zoned I1-Light Industrial and boasts a strong rental history, currently 100% occupied with a lease generating $3,300 per month plus utilities. The asking price is $1,200,000, translating to $195.57 per square foot. Built in 1976 and extensively renovated in 2017, the property includes a 2,386 square foot office building with five private offices, a reception area, kitchenette, and two bathrooms. The 3,750 square foot warehouse features modern amenities such as LED lighting, gas forced heat, three-phase power, a 14-foot overhead door, and 16-foot sidewall height. Ample parking and storage are provided in the asphalt yard. This NNN-leased, multi-tenant property presents a compelling investment opportunity with significant upside potential. The property is located in Yellowstone County, Montana, zip code 59102. This is a turnkey operation ideal for a passive income investor seeking a stable, high-occupancy asset in a growing market.

Highlights

  • Two-building property totaling 6,136 square feet.
  • 2,386 SF office building with five private offices, reception area, kitchenette, and two bathrooms; recently remodeled.
  • 3,750 SF warehouse featuring LED lighting, gas forced heat, three-phase power, a 14' overhead door, and 16' sidewall height.
  • Includes asphalt parking and storage yard.
  • Currently leased for $3,300/month plus utilities.
  • Asking price: $1,200,000.

Property Details for 1812 Monad Rd

Property type
Warehouses, Office properties
Square Feet
6,136 SF
Year Built/Renovated
1976/2017
Buildings
2
Lot Size (sq. ft)
36,155 SF

Location Insight

City
Billings
County
Yellowstone
State
Montana
Latitude
45.7623107
Longitude
-108.5623189
1812 Monad Rd, Billings, Montana

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1812 Monad Rd
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