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    1515 Central Ave, Unit Billings Billings, MT 59102

    For Sale
    $450,000

    Two retail suites with garages on high-visibility Central Avenue.

    Property size:
    3 SF

    Property Features for 1515 Central Ave

    General Information

    Size
    3 SF

    Building Details

    Year built
    1953

    Source: PureWest Real Estate Agent PureWest Real Estate

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

    Overview

    Central Avenue Retail Investment Property

    This commercial investment property features two retail suites located on Central Avenue. Suite 1 and Suite 2 are currently vacant, presenting an opportunity for new tenants or business ventures. Both suites include attached enclosed garages, offering convenience and flexibility. The property benefits from a highly visible pole sign, ensuring maximum exposure for businesses. This property is suitable for investors seeking both immediate income and long-term potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Seder's Heating and Cooling Air Conditioning Contractor Daves Electronics Internet Service Provider

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.5547176
    Latitude
    45.7699781

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    FAQs

    What type of property is this?
    Retail space - Two retail suites with garages on high-visibility Central Avenue.
    Where is this retail space located?
    The property is located at 1515 Central Ave, Unit Billings Billings, MT.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Prime Commercial Investment Property on Central Avenue; - Two Vacant Retail Suites: Ready for immediate occupancy or tenant placement; - High Visibility: Prominently located with excellent exposure from a pole sign
    (406) 885-6987
    Request Owner's contact information
    1515 Central Ave, Unit Billings Billings, MT 59102
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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
    1515 Central Ave, Unit Billings Billings, MT 59102
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