Search
Retail Suite with Office Layout
For Lease
$3,700/Mo Modified Gross

2123 First Avenue North, Billings, MT 59101

Retail space for lease with three private offices and an open floor plan, supported by ample on-site parking.

Space Size3,212 SF
Days on Market54

Property Features for 2123 First Avenue North

General Information

Standard status Active
Size 3,212 SF
Property subtype Retail
Lease Term MG

Building Details

Building Size 3,212 SF

Spaces For Lease

at 2123 First Avenue North Contact us

2123 1st Ave N $3,700/Mo

Size
3,212 SF
Type
Street Retail
Term
Negotiable
Contact us
Listing Agency: NAI Business Properties
Listed By: Caden Vannatta · License #MT #RRE-RBS-LIC-135457
Source: Naiglobal
Added: Jul 13 Changed: Aug 24 Last Checked: Sep 4 at 4:09AM

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.

2123 1st Ave N offers a retail suite suited for a variety of retail or service uses, with three private offices and a flexible open floor plan. The modified gross lease structure places base operating expenses with the landlord, while the tenant is responsible for utilities.

Located on 1st Avenue North in Billings’ active commercial corridor, the space benefits from strong street visibility and convenient downtown access. The surrounding area includes established businesses, including Thirsty Street Brewing Co., and the property provides ample on-site parking for customers.

The suite is available for lease on a modified gross basis, with utilities handled separately by the tenant.

Key Highlights

  • 3,212 SF retail space for lease in Billings’ active commercial corridor on 1st Avenue North
  • Lease rate $13.83/SF on a Modified Gross basis; $3,700/month plus utilities
  • Space includes three private offices and a flexible open floor plan for retail or service use

Property Analytics

Current Use

Thirsty Street Brewing ... Production Facility Discontent Lifestyle Stores (Bike/Boat/Book/etc) Store Undammed Distilling Co. Brewery & Distillery

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

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

2,138
Businesses Nearby
22k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 55% Shops & Services 30% Dining 15%
DoubleTree by Hilton Hotel Billings Hotels & Casinos
8,726 visits/mo 0.3 miles
Dickey's Barbecue Pit Dining
3,253 visits/mo 0.3 miles
Best Western Plus Clocktower Inn Hotels & Casinos
3,208 visits/mo 0.3 miles
O'Reilly Auto Parts Shops & Services
2,205 visits/mo 0.5 miles
Conoco Shops & Services
1,713 visits/mo 0.2 miles

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

$13.76 /SF/Yr
Avg Asking Price
$6–$25 /SF/Yr
Price Range
3,359 SF
Avg Space Size

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Retail space for lease with three private offices and an open floor plan, supported by ample on-site parking.
Where is this retail space located?
The property is located at 2123 First Avenue North Billings, MT.
What is the lease rate?
The lease rate is $3,700/Mo.
What are key features of this property?
This property features: 3,212 SF retail space for lease in Billings’ active commercial corridor on 1st Avenue North; Lease rate $13.83/SF on a Modified Gross basis; $3,700/month plus utilities; Space includes three private offices and a flexible open floor plan for retail or service use
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message