2123 2Nd AveBillings, MT 59101

Property Details for 2123 2Nd Ave

Year built

1950

Construction

WOOD

Lot size

0.32 AC

Property size (Sq ft)

11,094 SF

Zone code

CI

Property type

Retail properties

Property subtype

Retail space

APN

03-1033-33-3-24-06-0000

APU

3103333324060000

Description

This exceptional single-tenant office building, located at 2123 2nd Ave N in Billings, Montana, presents a fantastic opportunity. The property boasts a total of 2,837 square feet of space, spread across two stories, offering a versatile layout suitable for a variety of businesses. Built in 1950, this Class B building sits on a generous 14,000 square foot lot, providing ample space and potential for future expansion. The interior features an open floor plan complemented by several private offices, creating a flexible workspace. The zoning designation is EB_RSV-East Billings Railspur Village. The property's address is 2123 2nd Ave N, Billings, MT 59101, and its Assessor's Parcel Number (APN) is A00441 in Yellowstone County. This traditional office building offers a unique blend of classic charm and modern functionality, making it an ideal location for businesses seeking a prominent presence in the heart of Billings. The building consists of one structure and is situated in a vibrant downtown location. This is a single-tenant occupancy property.

• CAP approach

  CAP return

  Valuation

  6%

  $3,621,949

  6.5%

  $3,343,338

  7%

  $3,104,528

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,071,162

  Geo Method

  $2,309,798

• Alternative Use

  Use

  Valuation

  Residential

  $2,820,230

  Hospitality

  $2,583,316

  Educational

  $2,149,288

  Medical

  $2,223,206

  Retail

  $3,343,338

Location Insight

City

Billings

County

Yellowstone

State

Montana

Latitude

45.7869

Longitude

-108.499

CBSA code

13740

CBSA name

BILLINGS, MT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].