3701 56Th StBillings, MT 59101

  • Other commercial real estate
  • 1.68 AC
For Lease
$209.88/SF/YR View listing

Property Details for 3701 56Th St

Lot size
1.68 AC
Property type
Other commercial real estate
APN
03-0926-33-3-17-01-7000
APU
3092633317017000

Description

This exceptional 2,400-square-foot retail dispensary in Laurel is available for lease. Built in 2011 and renovated in 2023, the property features approximately 800 square feet of dedicated dispensary space with attractive finishes and display fixtures. An additional 1,300 square feet of finished space upstairs offers versatile office/breakroom potential. The building boasts energy-efficient radiant floor heat on epoxy floors, minimizing utility costs. Three parking spaces are available. The property is zoned commercial and sits on a single-story building with a total of two stories. The property includes a licensed Tier 5 cultivation facility, available for lease at an additional cost. This turnkey opportunity allows for bringing your own license or exploring partnership options. The property's annual taxes are $164.25 per square foot. The power provider is NWE. The property is located near S 56th Street. This is an ideal location for a thriving dispensary business. The APN is 03-0926-33-3-17-01-7004.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $18,547,998
    Hospitality
    $16,989,866
    Educational
    $14,135,370
    Medical
    $14,621,507
    Retail
    $21,988,354
3701 56Th St, Billings, Montana

Location Insight

City
Billings
County
Yellowstone
State
Montana
Latitude
45.7024
Longitude
-108.657
CBSA code
13740
CBSA name
BILLINGS, MT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
-
-
$203,842
-
$165,162
$38,680
$203,842

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