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    1116 Broadwater Ave Billings, MT 59102

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    For Sale
    $1,100,000

    7,492 SF retail center with renovation and income potential.

    Property size:
    7,492 SF
    Lot size:
    0.64 Acres

    Property Features for 1116 Broadwater Ave

    General Information

    Size
    7,492 SF
    Lot size
    0.64 Acres

    Source: Coldwell Banker Commercial CBS Agent Nathan Matelich

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

    Overview

    Renovated Retail Center For Sale

    This 7,492 SF Class A retail center has been completely renovated over the last 4 years, including a new roof, siding, electrical, HVAC, sewer lines, plumbing, and interior remodels for all tenants. The property features 5 separately metered units and currently has 4 tenants. There is a 2,714 SF retail space currently vacant. The property has triple net leases and 3-phase power. It is ideal for an owner-occupied building or restaurant. The potential cap rate is 9%. Financials are available upon request.
    Insight Report Location Intelligence

    Current Use by Public Records

    Billings Brazilian Jiu-jitsu Physical Fitness Program Billings Jiu Jitsu Gym

    Suggested Use

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

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

    Similar Places Nearby

    Coinstar Kiosk | Bitcoin ATM, Coinstar Kiosk | Bitcoin ATM, Coinstar Kiosk | Bitcoin ATM, Plaza, Coinstar Kiosk

    Location Insight

    • Map
    • Local Demand
    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.5441531
    Latitude
    45.7767522

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    FAQs

    What type of property is this?
    Shopping center - 7,492 SF retail center with renovation and income potential.
    Where is this shopping center located?
    The property is located at 1116 Broadwater Ave Billings, MT.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Completely Renovated Over Last 4 Years with New Roof, Siding, Electrical, HVAC, Sewer Lines, Plumbing & Interior Remodels; - 8.5% Cap Rate once Vacant Unit is Leased, with 9% Potential; - 7,492 SF Class A Retail Center
    (406) 781-6889
    Request Owner's contact information
    1116 Broadwater Ave Billings, MT 59102
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    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
    1116 Broadwater Ave Billings, MT 59102
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