2016 Grand AveBillings, MT 59102

Property Details for 2016 Grand Ave

Year built

1976

Construction

WOOD

Lot size

1.09 AC

Property size (Sq ft)

7,102 SF

Zone code

CC

Property type

Office properties

Property subtype

Office buildings

APN

03-0927-06-2-14-26-0000

APU

3092706214260000

Description

This exceptional two-story Class B office building, situated at 2016 Grand Avenue in Billings, Montana, presents a compelling investment or leasing opportunity. Boasting a total of 14,204 square feet, the property includes one suite encompassing the entire building. Currently, 3,000 square feet of office space is readily available for lease or purchase. Built in 1976 and renovated in 2007, the building offers a blend of established infrastructure and modern updates. The property sits on a substantial 47,698 square foot lot, zoned for Community Commercial use. Ample parking is provided with 60 spaces available for tenants and visitors. The building's convenient location off Grand Avenue in Billings, Montana (zip code 59102) offers excellent accessibility and visibility. The property's APN is A02331B, located in Yellowstone County. This presents a rare chance to acquire a well-maintained, established office building in a thriving Montana market. The property's size and layout are ideal for a variety of businesses seeking a prominent presence in Billings. Serious inquiries are encouraged to explore the possibilities of this prime commercial real estate offering.

• CAP approach

  CAP return

  Valuation

  6%

  $1,577,313

  6.5%

  $1,455,981

  7%

  $1,351,982

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,796,317

  Geo Method

  $586,767

• Alternative Use

  Use

  Valuation

  Residential

  $1,805,416

  Hospitality

  $1,653,752

  Educational

  $1,375,902

  Medical

  $1,423,221

  Retail

  $2,140,292

Location Insight

City

Billings

County

Yellowstone

State

Montana

Latitude

45.7834

Longitude

-108.567

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].