Property profile

119 Broadway Billings, MT 59101

OFF-MARKET
Retail properties & Spaces
2,943 SF
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Property summary

AI-generated overview

This exceptional turnkey restaurant opportunity presents a rare chance to acquire a thriving business in downtown Billings, Montana. Located at 119 N Broadway, this 2,943 square foot establishment boasts a prime location on one of the city's most desirable streets. The property features a fully equipped kitchen with updated equipment and lighting, creating an efficient and modern workspace. The inviting atmosphere is enhanced by new table tops and lighting throughout the main dining area. Further adding to its appeal are a private party room, perfect for special events, and a private patio, ideal for outdoor dining. A full basement is included at no additional cost, offering ample storage or expansion potential. The current lease is a NNN (Net, Net, Net) single-tenancy agreement with four years remaining, ensuring a stable and predictable income stream. The restaurant has enjoyed 100% occupancy, demonstrating its strong performance and established customer base within the Billings community. This is a truly exceptional opportunity for a seasoned restaurateur or a first-time business owner looking to step into a successful, established operation. The asking price for this turnkey restaurant is $225,000.

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,943 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

119 Broadway Billings, MT 59101
Billings metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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