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Flex Space with Shop and Office

201 Erie Dr **FOR LEASE**, Billings, MT 59101

For Sale
New
Contact for pricing

CommercialSale, Billings, MT

Property SizeContact for details
Days on Market4

Property Features for 201 Erie Dr **FOR LEASE**

General Information

Property type Commercial Sale
Property subtype Office
Zoning description I1 - Light Industrial
Subdivision BONNETT BUSINESS CONDOS
Directions South on N 27th St to Erie Dr
Standard status Active
APN C11739

Additional Details

Property Use Shop, Office, Storage

Taxes and HOA fees

Tax Description BONNETT BUSINESS CONDOS, S02, T01 S, R26 E, UNIT 3, 19.8% COMMON AREA INTEREST, LOC @ TR 3B COS 1406 AMND TR 3
Legal Description BONNETT BUSINESS CONDOS, S02, T01 S, R26 E, UNIT 3, 19.8% COMMON AREA INTEREST, LOC @ TR 3B COS 1406 AMND TR 3

Utilities

Sewer type Septic Tank
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Well

Amenities

overhead-door access
secure yard area
built-in storage

Building Details

Year built 1985
Floors in Building 1
Listing Agency: Good Ridge Real Estate
Listed By: David Goodridge · License MT RRE-BRO-LIC-40715
Added: Nov 10 Last Checked: Nov 13 at 11:06PM
MLS# 362751

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.

Rey
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Investment Insights

Based on property information with market context.

This 1985 flex property combines shop space with finished office areas and built-in storage. Overhead-door access serves the shop, while a secured yard and off-street parking support the site’s practical layout.

Located in Billings, the property also has forced-air, natural-gas heating and central air conditioning. Water is supplied by a well, and the property uses a septic system.

Key Highlights

  • Shop area with overhead‑door access
  • Finished office and flex areas with built‑in storage
  • Secured yard and off‑street parking

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

GrizzlyPrepMT Shipping Company

Suggested Use

Top Pick Pharmacy Grocery & Convenience Store Carpet & Flooring Store Catering Service (Bike/Boat/Book/etc) Store Home Appliance 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.

Location Intelligence

Trade Area within ½ mile

249
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Flex space in Billings, MT

$111 Jul
$110 Aug
$106 Sep
$108 Oct

Properties on Market for Flex space in Billings

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Similar Off Market Nearby

  • Bull Hollow Barbecue and Catering — Billings, MT 59101

Frequently Asked Questions

What type of property is this?
Flex space - Finished work areas pair with overhead-door access, a secured yard, and off-street parking.
Where is this flex space located?
The property is located at 201 Erie Dr **FOR LEASE** Billings, MT.
What are key features of this property?
This property features: Shop area with overhead‑door access; Finished office and flex areas with built‑in storage; Secured yard and off‑street parking
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