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    2712 Minnesota Ave Billings, MT 59101

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    For Sale
    $250,000

    Historic property near downtown Billings with redevelopment potential.

    Property size:
    12,231 SF

    Property Features for 2712 Minnesota Ave

    General Information

    Size
    12,231 SF

    Building Details

    Year built
    1894

    Source: Ethan Kanning Agent Ethan Kanning

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

    Overview

    Historical Mixed-Use Redevelopment Opportunity

    The property at 2712 Minnesota Avenue is a 12,231 square foot historical building constructed in 1894, presenting a redevelopment opportunity near downtown Billings. The main floor of the property formerly housed the Western Bar and the Wheel Bar. The second story provides additional square footage suitable for apartments or office space. The property consists of a single site/tax ID including 2710 Minnesota (1,127 SF Main Floor), 2712 Minnesota (3,250 SF basement, 3,210 SF main floor, 3,250 SF 2nd Floor) and 2714 Minnesota (2,521 SF Main Floor). The property offers potential for mixed-use development and represents an investment opportunity with historic tax credits, with work partially completed. Optional Tax Credit/Architectural Work is available to be Transferred to Buyer pending Buyer's remodel plans ($200,000 value, in addition to purchase price).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

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

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

    Similar Places Nearby

    Stink Blossom, Mac's Floral

    Location Insight

    • Map
    • Local Demand
    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.5033443
    Latitude
    45.7806372

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    FAQs

    What type of property is this?
    Storefront property - Historic property near downtown Billings with redevelopment potential.
    Where is this storefront property located?
    The property is located at 2712 Minnesota Ave Billings, MT.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Redevelopment opportunity in downtown Billings.; - Historic building (built in 1894) with potential for mixed-use development.; - Significant square footage: **12,231 SF** across multiple floors and addresses.
    (406) 672-0435
    Request Owner's contact information
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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
    2712 Minnesota Ave Billings, MT 59101
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