1105 1st Avenue N Billings, MT 59101
SINGLE_FAMILY - Billings, MT
Property Features for 1105 1st Avenue N
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- APN
- D05903
- Size
- 12,750 SF
- Lot size
- 0.48 Acres
Taxes and HOA fees
- Tax Description
- S34, T01 N, R26 E, C.O.S. 1758, PARCEL 1, TR:1 C/S 1758 IN SWNW4 S34, T01 N, R26 E, 73'X 140'N OF 1ST AV N ADJ MOE SEED COON W IN SWSWNW4
- Tax Annual Amount
- 10661
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1948
- Floors in Building
- 2
Listing agent Carlos Davey License #14186 (406) 652-1151
Listing office U Bar S Real Estate 2020 Grand Avenue Ste 6, Billings, MT (406) 652-1151
Listing date Jul 13, 2026
Copyright © 2026 Billings Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
At 1111 1st Avenue North, there is a 908-square-foot Quonset building currently leased to a bicycle shop for $800 per month. The property is located along 1st Avenue North in a highly visible, high-traffic location with more than 15,000 vehicles passing daily. It is also positioned for convenient access near MetraPark, area universities, hospitals, Interstate 90, and downtown Billings.
The combination of dock-high warehouse space, on-site retail area, and a secondary leased Quonset building supports a range of commercial uses requiring visibility and convenient interstate access.
Key Highlights
- Two‑building commercial property on 1st Avenue North with dock‑high warehouse space and a leased Quonset building
- 1105 1st Avenue North: approx. 11,770 SF total with 2,900 SF retail and 8,726 SF warehouse
- 1105 1st Avenue North: approx. 4,400 SF retail area currently used by owner (lease back available or can be vacated)
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $168.3k | $13.20 |
| − Vacancy | −$15.1k | −$1.19 |
| EGI | $153.2k | $12.01 |
| − OpEx | −$53.6k | −$4.20 |
| NOI | $99.5k | $7.81 |
Alternative Uses
Property Analytics
Current Use by Public Records
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