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Renovated Office Unit
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2223 Montana Ave L02, Billings, MT 59101

Professional suite with private offices, meeting space, reception, and storage in the Central Business District.

Space Size1,760 SF
Days on Market583

Property Features for 2223 Montana Ave L02

General Information

Standard status Active
Size 1,760 SF
Net Rentable 1,760 SF
Property subtype Special Purpose
Zoning CBD
Lease Type NNN

Space & Availability

Available Space 1,760 SF
Contiguous Space 1,760 SF
Space Use Office
Sublease No
Private Offices 3
Meeting Rooms 1

Lease Terms

Lease Rate $12 /USD/SF/YR
Total Rate $2,369
Monthly Rent $1,760
Rent per SF/Year $12
CAM $4.15 /USD/SF/YR

Building Details

Building Size 1,760 SF
Tenancy Single

Spaces For Lease

at 2223 Montana Ave L02 Contact us

L02 $1.35/SF/Mo

Size
1,760 SF
Type
Special Purpose
Availability
Active
Contact us
Listing Agency: Coldwell Banker Commercial CBS
Listed By: Michael Speidel · License #RRE-RBS-LIC-109468
Source: Crexi
Added: Jan 29, 2025 Changed: Aug 31 Last Checked: Sep 2 at 11:29AM

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 Coldwell Banker Commercial CBS

Investment Insights

Based on property information with market context.

This 1,760 SF office unit provides a practical professional layout with 3 private offices, a conference room, reception area, and storage. The suite is located within a historic 24,075 SF building that has been renovated with contemporary industrial finishes while retaining traditional architectural elements.

The property is in downtown Billings within the CBD – Central Business District and includes dedicated parking. Its setting offers access to nearby entertainment, dining, and other amenities. The space is configured for a range of professional, design, consulting, real estate, wellness, creative, nonprofit, and education office users.

Key Highlights

  • 1,760 SF professional office unit
  • 3 private offices plus a conference room
  • Reception area and storage included

Property Analytics

Current Use

Asylum Distillery Brewery & Distillery Stahly Engineering & Associates Engineering Consultant Diamond Construction, Inc. Construction Company TCA Group, Inc. Bridge Montana Attorney Closings, ... Title Company

Suggested Use

Top Pick Storage Facility Grocery & Convenience Store Pet Grooming Service Pet Store Garden Center (Bike/Boat/Book/etc) Store

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,138
Businesses Nearby

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

$20.07 /SF/Yr
Avg Asking Price
$1.14–$250 /SF/Yr
Price Range
3,579 SF
Avg Space Size

This space is priced 40% below the average of $20.07 /SF/Yr.

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Professional suite with private offices, meeting space, reception, and storage in the Central Business District.
Where is this office units located?
The property is located at 2223 Montana Ave L02 Billings, MT.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 1,760 SF professional office unit; 3 private offices plus a conference room; Reception area and storage included
(307) 575-5970 Call to check price and availability
More about this property
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