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    410 Bernard St Billings, MT 59101

    Under Contract
    For Sale
    $2,500,000

    SINGLE_FAMILY - Billings, MT

    Type:Office
    Property size:
    34,800 SF
    Lot size:
    3.17 Acres
    Days on Market:
    61
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 410 Bernard St

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active Under Contract
    APN
    A27588
    Size
    34,800 SF
    Lot size
    3.17 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1965
    Floors in Building
    1

    THE Agency Montana (406) 699-0200 [email protected]

    Listing agent Lauren Bond (406) 800-1222 License #RRE-BRO-LIC-54002

    Listing date Oct 6, 2025

    Copyright © 2025 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.

    Overview

    Industrial Investment Opportunity in Billings

    This industrial investment opportunity is located in a prime west Billings location, offering good visibility and access. The property features a 3.17-acre lot with a paved and fenced storage yard and ample office parking. A new five-year lease is in place through November 30, 2029, generating $198,000 net operating income (NN). Rent escalators are scheduled for 2026 and 2028, based on the average of the two-year CPI adjustment. The property includes approximately 5,600 square feet of office space and 29,200 square feet of shop space. The shop area is equipped with nine overhead doors, a wash bay, and three-phase power. The office area features a large open reception area with cubicles, nine private offices (many oversized with space for two desks), a conference room, a break room, a locker room, and two bathrooms, including one newly remodeled ADA-compliant bathroom. Over $300,000 has been invested in recent updates, including the roof, asphalt, furnaces, bathroom, and all-new LED lighting. Seller financing is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Spencer Fluid Power Hydraulic Repair Service

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.550693
    Latitude
    45.761819

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    FAQs

    What type of property is this?
    Industrial property - Industrial property with long-term tenant, new lease, and prime location.
    Where is this industrial property located?
    The property is located at 410 Bernard St Billings, MT.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - New 5-year lease in place with an **8% CAP rate**, providing immediate and stable income.; - Seller financing available, offering a potentially easier path to investment.; - **Prime West Billings location** with good visibility and access.
    (406) 800-1222
    Request Owner's contact information
    410 Bernard St Billings, MT 59101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    410 Bernard St Billings, MT 59101
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