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Former Costco Wholesale Opportunity
For Sale
$11,500,000

2290 King Avenue West, Billings, MT 59102

141,636 SF building on 11.59 acres in Billings, MT.

Property Size141,636 SF
Lot Size11.59 Acres
Price / SF$81.19
Days on Market191

Property Features for 2290 King Avenue West

General Information

Standard status Active
Size 141,636 SF
Lot size 11.59 Acres
Property subtype Free Standing Building

Building Details

Building Size 141,636 SF
Year Built 1991
Listing Agency: NAI Business Properties
Listed By: Michael Walker · License #RRE-BRO-LIC-9143
Source: Thebrokerlist
Added: Feb 26 Changed: Sep 2 Last Checked: Sep 4 at 2:02AM

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 former Costco Wholesale building, constructed in 1991, is situated at the intersection of King Avenue West and 24th Street West. The property, located at 2290 King Avenue West in Billings, MT, faces King Avenue and backs up to Grant Road. The building has a total area of 141,636 square feet and is positioned on an 11.59-acre lot. The site provides 541 surface parking spaces. The property benefits from full signal access directly in front of the building off King Avenue West. The location has a traffic count of 30,075 ADT. The property is legally described as Lot 1-A-1-A of Amended Lot 1-A Hogan Homestead Sub. The zoning is CMU2. Billings is the largest city for approximately 500 miles in any direction and has the largest regional draw of any city in Montana. The largest hospital in the state is headquartered in Billings, as are some of the largest distribution hubs. The property is well-maintained and has multiple use opportunities.

Key Highlights

  • Large 141,636 SF building with multiple use opportunities
  • High traffic location on King Avenue West with 30,075 ADT and full signal access
  • Substantial parking with 541 surface spaces on 11.59 acres

Property Analytics

Current Use

Costco Wireless Telecommunications Service Kyle L. Hibbert, ... Physician LibertyX Bitcoin ATM Atm Costco Tire Center (Bike/Boat/Book/etc) Store Kurt Brockhausen Pharmacy

Suggested Use

Top Pick Dental Office HVAC Service Food Market (Bike/Boat/Book/etc) Store Butcher Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

890
Businesses Nearby
535k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 29% Superstores 24% Shops & Services 23% Home Improvements & Furnishings 14%
Walmart Superstores
129,121 visits/mo 0.4 miles
The Home Depot Home Improvements & Furnishings
42,958 visits/mo 0.5 miles
Barnes & Noble Shops & Services
33,996 visits/mo 0.5 miles
Olive Garden Dining
31,848 visits/mo 0.1 miles
Holiday Station Store Shops & Services
31,553 visits/mo 0.3 miles

Demographics for 59102, MT

48,133
Population
22,706
Households
2.1
Avg Household Size
41
Median Age
43%
College-Educated
97%
High-School Grad
15.0 sq mi
ZIP Area
3,209
Density / Sq Mi
$75,140
Median Household Income
$43,203
Median Earnings
$1,148
Median Rent
$307,400
Median Home Value

Market

Vacancy Rate% for Retail in West region

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

What type of property is this?
Retail space - 141,636 SF building on 11.59 acres in Billings, MT.
Where is this retail space located?
The property is located at 2290 King Avenue West Billings, MT.
What is the asking price?
The asking price for this property is $11,500,000.
What are key features of this property?
This property features: Large 141,636 SF building with multiple use opportunities; High traffic location on King Avenue West with 30,075 ADT and full signal access; Substantial parking with 541 surface spaces on 11.59 acres
More about this property
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