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Downtown Retail Space For Rent
For Lease
$12.50 SF/Yr NNN

821 North 27th Street, Billings, MT 59101

4,975 SF retail space in downtown Billings, MT.

Space SizeContact for details
Days on Market168

Property Features for 821 North 27th Street

General Information

Standard status Active
Property subtype Retail

Building Details

Year Built 1984
Listing Agency: NAI Business Properties
Listed By: Matt Robertson, SIOR · License #RRE-RBS-LIC-62446
Source: Naiglobal
Added: Mar 6 Changed: Jul 6 Last Checked: Aug 20 at 4:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Business Properties

Investment Insights

Based on property information with market context.

This multi-tenant office building, located downtown within the hospital corridor directly across from Billings Clinic and Dehler Park, offers 4,975 square feet of open retail space. The property features a modern and attractive exterior, a spacious and flexible floor plan, and a recently renovated interior. It includes rear employee parking, security, excellent signage, and multiple off-street customer parking spaces. The facilities are ADA compliant, and professional property management is in place. The location provides high visibility with signage opportunities. NNN fees are $5.59 per square foot.

Key Highlights

  • Prime downtown location directly across from Billings Clinic and Dehler Park, situated within the hospital corridor.
  • 4,975 SF of open retail space.
  • Ample parking for tenants and clients, including rear employee parking and multiple off‑street customer parking spaces.

Property Analytics

Current Use

Dope Strategies LLC Consultant The Mail Drop Courier Service Leading Edge Accounting Accounting Firm I Am Tech ... Business Management Consultant Western Union Bank

Suggested Use

Top Pick Storage Facility Grocery & Convenience Store Garden Center Big Box & Wholesale Store Auto Parts Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,033
Businesses Nearby
79k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 61% Groceries 23% Shops & Services 8% Hotels & Casinos 4%
Albertsons Groceries
17,906 visits/mo 0.2 miles
Starbucks Dining
14,456 visits/mo 0.2 miles
Hardee's Dining
9,472 visits/mo 0.2 miles
City Brew Coffee Dining
9,153 visits/mo 0.4 miles
Perkins Restaurant & Bakery Dining
8,115 visits/mo 0.0 miles

Demographics for 59101, MT

41,522
Population
18,864
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
91%
High-School Grad
590.8 sq mi
ZIP Area
70
Density / Sq Mi
$58,165
Median Household Income
$36,258
Median Earnings
$930
Median Rent
$243,000
Median Home Value

Market

Lease Benchmarks for Billings, MT

$13.31 /SF/Yr
Avg Asking Price
$6–$25 /SF/Yr
Price Range
5,750 SF
Avg Space Size

This space is priced 6% below the average of $13.31 /SF/Yr.

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 4,975 SF retail space in downtown Billings, MT.
Where is this retail space located?
The property is located at 821 North 27th Street Billings, MT.
What is the lease rate?
The lease rate is $12.50 SF/Yr.
What are key features of this property?
This property features: Prime downtown location directly across from Billings Clinic and Dehler Park, situated within the hospital corridor.; 4,975 SF of open retail space.; Ample parking for tenants and clients, including rear employee parking and multiple off‑street customer parking spaces.
More about this property
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