2301 1St AveBillings, MT 59101

Property Details for 2301 1St Ave

Year built

1957

Construction

WOOD

Lot size

0.16 AC

Property size (Sq ft)

1,288 SF

Zone code

CBD

Property type

Auto shops

APN

03-1033-33-3-09-01-0000

APU

3103333309010000

Description

This exceptional 1,288 square foot industrial shop building, located at 2301 1st Avenue North in Billings, Montana, presents a fantastic lease opportunity. Built in 1957, this single-tenant property sits on a 7,000 square foot lot and is zoned CBD-Central Business District (APN: A005880, Yellowstone County). The building boasts convenient parking, enhancing accessibility for employees and clients. Two 10-foot overhead doors provide easy access for loading and unloading, while a dedicated small office space offers a functional workspace separate from the main shop area. A prominent pole sign ensures high visibility for your business, maximizing its exposure to potential customers. Its prime location along 1st Avenue North places your business in close proximity to Billings' vibrant downtown core, offering excellent access to amenities and a strong customer base. This property is ideal for a variety of manufacturing businesses seeking a well-maintained and strategically located space to operate and grow. The property's address is 2301 1st Ave N, Billings, MT 59101.

• CAP approach

  CAP return

  Valuation

  6%

  $420,504

  6.5%

  $388,157

  7%

  $360,432

• Comparable approach

  Method

  Valuation

  Relative Method

  $820,953

  Geo Method

  $268,165

• Alternative Use

  Use

  Valuation

  Residential

  $327,425

  Hospitality

  $299,920

  Educational

  $249,530

  Medical

  $258,111

  Retail

  $388,157

Location Insight

City

Billings

County

Yellowstone

State

Montana

Latitude

45.785

Longitude

-108.5

CBSA code

13740

CBSA name

BILLINGS, MT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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