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    119 Broadway Billings, MT 59101

    For Sale
    $225,000

    Established Billings eatery, prime location.

    Property size:
    2,943 SF

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    306
    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 Features for 119 Broadway

    General Information

    Property type
    Restaurants
    Square Feet
    2,943 SF

    HighLights

    • $225,000 asking price for a turnkey restaurant.
    • NNN lease with 4 years remaining.
    • 2,943 square feet, 100% occupied.
    • Located on a prime downtown Billings street (119 N Broadway).
    • Features include updated kitchen equipment, new tabletops and lighting, a private party room, and a private patio.
    • Full basement included.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.5065799
    Latitude
    45.7829874

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    FAQs

    What type of property is this?
    Restaurant - Established Billings eatery, prime location.
    Where is this restaurant located?
    The property is located at 119 Broadway Billings, MT.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: $225,000 asking price for a turnkey restaurant.; NNN lease with 4 years remaining.; 2,943 square feet, 100% occupied.
    Request Owner's contact information
    119 Broadway Billings, MT 59101
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    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
    119 Broadway Billings, MT 59101
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