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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.

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Location Insight

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

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
More about this property
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