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    2929 3Rd Ave N Billings Billings, MT 59101

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    For Sale
    $5,464,910

    Five-story office building in downtown Billings, ideal for various businesses.

    Property size:
    63 SF

    Property Features for 2929 3Rd Ave N Billings

    General Information

    Size
    63 SF

    Building Details

    Year built
    1978

    Source: Nathan Matelich Agent Nathan Matelich

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Billings Office Building

    The property at 2929 3rd Ave N, Billings, MT 59101, is a former Rocky Mountain Bank building. This five-story office building has 63,062 square feet and is situated on a 42,000 square foot lot, which comprises half a block in downtown Billings. It features a three-lane drive-through, making it suitable for a bank, pharmacy, or restaurant. The first and second floors are currently vacant and ideal for an owner-occupied tenant. Floors three through five are rented to government tenants, a law office, a property manager, and a general office user. The exterior of the building offers excellent signage opportunities. Financials and rent roll are available with a signed NDA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Federal Bureau of Investigation ... Federal Government Office Tamarack Property Management ... Property Management Company Bureau of Alcohol, Tobacco, ... Government Office Rocky Mountain Bank ... Bank Rocky Mountain Tribal ... Tribal Headquarters

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.5098182
    Latitude
    45.7829312

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    FAQs

    What type of property is this?
    Office building - Five-story office building in downtown Billings, ideal for various businesses.
    Where is this office building located?
    The property is located at 2929 3Rd Ave N Billings Billings, MT.
    What is the asking price?
    The asking price for this property is $5,464,910.
    What are key features of this property?
    This property features: - Prime downtown Billings location on a half-block lot.; - 63,062 SF, 5-story office building with income-generating tenants.; - Floors 1 & 2 are vacant, ideal for owner-occupancy or redevelopment.
    (406) 656-2001
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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
    2929 3Rd Ave N Billings Billings, MT 59101
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