711 Central AveBillings, MT 59102

Property Details for 711 Central Ave

Year built

1950

Construction

WOOD

Lot size

0.84 AC

Property size (Sq ft)

22,259 SF

Zone code

CC

Property type

Office buildings

APN

03-0927-04-3-01-05-0000

APU

3092704301050000

Description

This exceptional two-story creative office building, located at 711 Central Ave in Billings, Montana, offers 33,348 square feet of versatile workspace. The property boasts 13 available suites ranging from 200 to 1,700 square feet, perfect for businesses of all sizes. The building features a single elevator and ample parking with 47 spaces. Its CMU2 zoning provides flexibility for various professional uses. The building is conveniently located in Yellowstone County, Montana, with easy access to major thoroughfares. Amenities include a secure location, a common conference room, common waiting areas, and a common break area. All three floors are ADA accessible, with ADA-compliant bathrooms on each floor. The building owner generously covers weekly janitorial services for common areas, electricity, heating, air conditioning, water, and snow removal. Tenant responsibilities include rent, internet, cable, telephone, and any signage displayed at the 7th and Central intersection (optional). This full-service office space presents a fantastic opportunity for businesses seeking a well-maintained and amenity-rich location in the heart of Billings. The zip code is 59102.

• CAP approach

  CAP return

  Valuation

  6%

  $4,943,586

  6.5%

  $4,563,310

  7%

  $4,237,360

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,629,986

  Geo Method

  $1,839,039

• Alternative Use

  Use

  Valuation

  Residential

  $5,658,504

  Hospitality

  $5,183,160

  Educational

  $4,312,328

  Medical

  $4,460,636

  Retail

  $6,708,066

Location Insight

City

Billings

County

Yellowstone

State

Montana

Latitude

45.7702

Longitude

-108.534

CBSA code

13740

CBSA name

BILLINGS, MT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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