2401 Montana Ave Buffalo Block @ Historic, Unit REX Billings, MT 59101

The Historic Rex building offers a blend of historic charm and contemporary flexibility, presenting opportunities for investors and restaurateurs. Constructed in 1920 in an Eclectic style, the building was financed in part by Buffalo Bill Cody, and served as a frequent haunt for the showman. The building features the original pressed tin ceiling on the first floor, now part of the Rex Restaurant. A one-story wing was added to the east in 1998. The property is located in a prime downtown location. The main floor and basement offer several options, including a full-service restaurant with an available all-beverage liquor license concession, mixed-use restaurant and banquet space with the same liquor license concession, or Class A office space requiring renovation. The purchase of the building includes the all-beverage license. The Buffalo Block @ Historic Rex Building includes a 3,250-SF fine dining area, a 3,194-SF bar/lounge addition, and a 3,250-SF basement, which must be part of a first-floor sublease. The total rentable square footage for the main floor and basement is 9,694 SF. The second and third floors each offer 3,250 SF. The property is a landmark historic building with architectural prestige, suitable for dining, hospitality, catering, boutique office tenants, and residential use. Additional parking is available.