Flex Warehouse with
1907 Main St Billings, MT 59105
New
For Sale
$759,000
COMMERCIAL - Billings, MT
Property Size8,276 SF
Lot Size0.76 Acres
Price / SF$91.71
Days on Market2
Property Features for 1907 Main St
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
15
Parking features
On Street
Interior features
Storage
Standard status
Active
APN
A20458
Size
8,276 SF
Lot size
0.76 Acres
Taxes and HOA fees
Tax Description
Haws Subd, S15, T01N, R26E, Lot 1A
Tax Annual Amount
7749
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Electric (Heating), Natural Gas
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1955
Floors in Building
1
Building materials
Block, MetalSiding, Steel
Additional Structures
Storage
Listing Agency:
ERA American Real Estate
(406) 259-3977
Listed By:
Brian Huskey · License #RRE-BRO-LIC-36204
(406) 697-2510
Added: Jul 28
Last Checked: Jul 29 at 5:06AM
MLS# 360915
Copyright © 2026 Billings Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Versatile flex/warehouse facility offering a dedicated office portion and a substantial heated shop. The shop includes radiant tube heat, compressed air lines, an in-floor drain, and additional warehouse and mezzanine storage. Two 16' drive-through overhead doors support straightforward material flow.
The property features a fully fenced rear yard with an automatic security gate for secure outdoor storage. Recent improvements include a recoated roof, newer overhead doors, updated fencing, and replaced radiant tube heaters.
In addition to the building, there is an option to purchase the established Gated Solutions business along with an extensive equipment list as part of a total package offering.
The property features a fully fenced rear yard with an automatic security gate for secure outdoor storage. Recent improvements include a recoated roof, newer overhead doors, updated fencing, and replaced radiant tube heaters.
In addition to the building, there is an option to purchase the established Gated Solutions business along with an extensive equipment list as part of a total package offering.
Key Highlights
- 8,276 SF commercial building on 0.76+/- acres on Main Street in Billings Heights
- Includes ~1,250 SF office space plus a ~5,100 SF heated shop with radiant tube heat
- Heated shop features compressed air lines and an in‑floor drain
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $109.2k | $13.20 |
| − Vacancy | −$9.8k | −$1.19 |
| EGI | $99.4k | $12.01 |
| − OpEx | −$34.8k | −$4.20 |
| NOI | $64.6k | $7.81 |
8,276 SF · lease $13.20/SF/yr · vacancy 9.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$923.1K
$807.7K – $1.08M
NOI $64,617 @ 7.0% cap · market cap 8.51%
Second Best
Warehouse
$772.4K
$675.9K – $901.1K
NOI $54,068 @ 7.0% cap · market cap 7.12%
Theoretical Best
Office A
$1.81M
$1.58M – $2.11M
NOI $126,404 @ 7.0% cap · market cap 16.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Heated shop with office space, drive-through overhead doors, and a fully fenced, gated rear yard.
Where is this flex space located?
The property is located at 1907 Main St Billings, MT.
What is the asking price?
The asking price for this property is $759,000.
What are key features of this property?
This property features: 8,276 SF commercial building on 0.76+/- acres on Main Street in Billings Heights; Includes ~1,250 SF office space plus a ~5,100 SF heated shop with radiant tube heat; Heated shop features compressed air lines and an in‑floor drain