145 Grand AveBillings, MT 59101

Property Details for 145 Grand Ave

Year built

1973

Construction

WOOD

Lot size

0.32 AC

Property size (Sq ft)

6,313 SF

Zone code

NC

Property type

Office properties

Property subtype

Office buildings

APN

03-1033-32-3-03-01-0000

APU

3103332303010000

Description

This exceptional 916-square-foot office suite, located at 145 Grand Avenue, Suite #3, Billings, MT 59102, presents a fantastic opportunity for businesses seeking a professional and convenient workspace. The suite boasts updated paint and lighting, creating a modern and inviting atmosphere. Situated in a high-visibility building on Grand Avenue, the property offers excellent exposure for your business, with the added benefit of optional monument signage. The lease rate is an affordable $1,297 per month, and all utilities are included (excluding internet and phone). The suite currently features one private office with modern flooring, but there's potential for expansion into a neighboring suite, allowing for the addition of two to three more offices. The building itself is 8,117 square feet and is zoned NO Neighborhood Office. Enjoy the convenience of a private entrance and benefit from the ADA-compliant restrooms located in the common areas. This single-tenant space is perfect for solo practitioners or small teams seeking a well-maintained and accessible office in a prime Billings location. The property offers great natural lighting, contributing to a productive and comfortable work environment. Don't miss this chance to establish your business in this desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,367,732

  6.5%

  $1,262,522

  7%

  $1,172,342

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,507,748

  Geo Method

  $521,580

• Alternative Use

  Use

  Valuation

  Residential

  $1,565,528

  Hospitality

  $1,434,015

  Educational

  $1,193,084

  Medical

  $1,234,116

  Retail

  $1,855,908

Location Insight

City

Billings

County

Yellowstone

State

Montana

Latitude

45.7843

Longitude

-108.52

CBSA code

13740

CBSA name

BILLINGS, MT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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