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    1515 Main St Billings, MT 59105

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    For Lease
    $12 SF/Yr

    Retail space available in busy Billings Heights shopping center.

    Property size:
    82,390 SF
    Lot size:
    82,390 SF

    Property Features for 1515 Main St

    General Information

    Size
    82,390 SF

    Building Details

    Year built
    1978

    Source: Michael L. Walker Agent Michael L. Walker

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

    Overview

    Northgate Center Retail Space

    Located at the corner of Main Street and Wicks Lane in the Billings Heights, Northgate Center is positioned at one of the city's most heavily trafficked intersections. The shopping center serves an estimated 40,000 residents. The location is on the southeast corner of Main Street and Wicks Lane. Other businesses at the intersection include Walmart, Walgreens, and Western Security Bank. The Billings Heights area has a population of approximately 35,000, with a trade area of around 50,000. Main Street is a primary access route, making it one of the busiest streets in Montana. A 30,625-square-foot space, formerly occupied by Big Lots, is available for lease. The dimensions of the space are approximately 175 feet by 175 feet. Co-tenants include PetSmart, Ace Hardware, and Anytime Fitness. Traffic counts are 24,900 ADT on Main Street and 13,650 ADT on Wicks Lane. The property is suitable for retail and shopping center use.
    Location Intelligence

    Current Use by Public Records

    Big Lots Discount Store First Interstate Bank ... Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Practical Auto

    Location Insight

    • Map
    • Local Demand
    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.4694094
    Latitude
    45.8262471

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    FAQs

    What type of property is this?
    Shopping center - Retail space available in busy Billings Heights shopping center.
    Where is this shopping center located?
    The property is located at 1515 Main St Billings, MT.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location: **Corner of Main Street and Wicks Lane**, one of the busiest intersections in Billings.; - Established shopping center: Located in Northgate Center, servicing approximately 40,000 residents.; - Strong co-tenancy: Includes Petsmart, Ace Hardware, and Anytime Fitness.
    (406) 690-2320
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    Billings, MT 59105
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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 Main St Billings, MT 59105
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