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844 East Toy Storage St Billings, MT 59106

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For Sale
$299,000

Fully leased industrial building for sale in Billings, Montana.

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Listing Contact
Drew Smith Ccim
Source: Naiglobal

Listing Agent: Drew Smith Ccim

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

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Overview

Leased Industrial Building For Sale

An industrial building at 844 East Toy Storage Street in Billings, MT, is available for purchase. The building totals 3,456 square feet and is divided into three units. Each unit offers 1,152 square feet of space. The building is fully leased, generating a gross monthly rent of $2,150 and an NOI of $22,074, with a 7.4% cap rate. Each unit is equipped with gas forced air heat, energy-efficient LED lighting, and power overhead doors. Dedicated parking spaces are available in front of each unit. Community bathrooms are provided. The property is located in Shop World, west of King Ave W and 80th St W. Zoning restrictions prohibit auto repair and cannabis use, but the units offer versatility for a range of other business endeavors.
Location Intelligence

Current Use by Public Records

Warehouses

Suggested Use

Restaurant

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

Location Insight

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  • Local Demand
City
Billings
County
Yellowstone
State
Montana
Longitude
-108.705
Latitude
45.7978

FAQs

What type of property is this?
Warehouse - Fully leased industrial building for sale in Billings, Montana.
Where is this warehouse located?
The property is located at 844 East Toy Storage St Billings, MT.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: - Fully Leased Investment Property: Provides immediate income.; - Attractive 7.4% Cap Rate: Indicates strong investment potential.; - Three Units: Offers diversified income.
More about this property
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