Shop and Retail Office
2271 Eldorado Drive Billings, MT 59102
For Sale
Contact for pricing
Combination shop space with retail and office areas totaling 9,144 SF.
Property Size9,144 SF
Price / SF$142.17
Days on Market46
Property Features for 2271 Eldorado Drive
General Information
- Standard status
- Active
- Size
- 9,144 SF
- Property subtype
- Retail, Industrial
Listing Agency:
Coldwell Banker Commercial CBS
(406) 698-8636
Listed By:
Bruce Knudsen · License #MT
Source:
Crexi
Added: Jun 8
Changed: Jul 23
Last Checked: Jul 23 at 9:15AM
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 offering is a combination commercial property with shop space plus retail and office areas, totaling 9,144 SF. The layout is suited for a business needing a mix of customer-facing and workspace components within the same building footprint.
The property is located at 2271 Eldorado Drive in Billings, Montana, and is presented For Sale.
If you’re looking for a single site that can accommodate both operating and front-of-house space, this configuration provides a practical starting point with multiple functional areas under one roof.
The property is located at 2271 Eldorado Drive in Billings, Montana, and is presented For Sale.
If you’re looking for a single site that can accommodate both operating and front-of-house space, this configuration provides a practical starting point with multiple functional areas under one roof.
Key Highlights
- Combination of shop space with retail and office areas
- Total area: 9,144 SF
Financial Insights For Retail
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 | $137.2k | $15.00 |
| − Vacancy | −$3.4k | −$0.38 |
| EGI | $133.7k | $14.63 |
| − OpEx | −$40.1k | −$4.39 |
| NOI | $93.6k | $10.24 |
9,144 SF · lease $15.00/SF/yr · vacancy 2.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.34M
$1.17M – $1.56M
NOI $93,612 @ 7.0% cap · market cap 7.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.00M
$1.75M – $2.33M
NOI $139,662 @ 7.0% cap · market cap 10.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Intoxalock Ignition Interlock
Building Supply
Jarrett's Stereos
Auto Parts Store
Sound MD
Electronics & Wireless Store
Similar Off Market Nearby
- Carpet One Floor & Home Of Billings — 505 S 24th St W, Billings, MT 59102
- Lowe's Home Improvement — 2717 King Ave W, Billings, MT 59102
- Carpet Remnants — 505 S 24th St W, Billings, MT 59102
FAQs
What type of property is this?
Showroom - Combination shop space with retail and office areas totaling 9,144 SF.
Where is this showroom located?
The property is located at 2271 Eldorado Drive Billings, MT.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Combination of shop space with retail and office areas; Total area: 9,144 SF
