Flex Space with Warehouse and
For Sale
Contact for pricing
2307 4th Ave N, Billings, MT 59101
Flexible commercial space combines warehouse operations, office areas, a loading dock, and multiple garage doors.
Property Size16,000 SF
Price / SF$113.10
Days on Market11
Property Features for 2307 4th Ave N
General Information
Standard status
Active
Size
16,000 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Warehouse Space
12,000 SF
Office Build-Out
4,000 SF
Dock-High Doors
1
Amenities
reception area
break room
Building Details
Building Size
16,000 SF
Listing Agency:
Coldwell Banker Commercial CBS
(406) 794-3404
Listed By:
David Mitchell, SIOR, CCIM · License ##54530
(406) 794-3404
Source:
Moodyscre
Added: Jul 27
Changed: Jul 31
Last Checked: Aug 5 at 10:25AM
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 flex space combines warehouse and office components within a commercial building in downtown Billings. The property includes warehouse space, office space, multiple offices, and a centrally positioned reception area near the entrance. Large windows and a modern display area add visibility to the reception setting, while the office layout provides dedicated workspace for occupants.
Multiple garage doors support warehouse access, and a loading dock is located on the north side of the building. The property also includes a kitchen break room designed for employee use, creating a practical support area alongside the warehouse and office functions.
Multiple garage doors support warehouse access, and a loading dock is located on the north side of the building. The property also includes a kitchen break room designed for employee use, creating a practical support area alongside the warehouse and office functions.
Key Highlights
- Warehouse and office components within a flex‑space property
- Multiple garage doors support warehouse access
- Loading dock located on the north side of the building
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 | $221.8k | $13.20 |
| − Vacancy | −$20.0k | −$1.19 |
| EGI | $201.8k | $12.01 |
| − OpEx | −$70.6k | −$4.20 |
| NOI | $131.2k | $7.81 |
16,800 SF · lease $13.20/SF/yr · vacancy 9.00% · expense 35.00%
Alternative Uses
Best Use
Office B
$2.63M
$2.30M – $3.07M
NOI $184,162 @ 7.0% cap · market cap 9.69%
Second Best
Flex RnD
$1.87M
$1.64M – $2.19M
NOI $131,171 @ 7.0% cap · market cap 6.90%
Theoretical Best
Office A
$3.67M
$3.21M – $4.28M
NOI $256,596 @ 7.0% cap · market cap 13.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Dock-high doors
Location Intelligence
Trade Area within ½ mile
629
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Cotta Custom Catering/Pizza Cotta — 310 N 13th St, Billings, MT 59101
- Crepe Diem — 224 N Broadway, Billings, MT 59101
- Bull Hollow Barbecue and Catering — Billings, MT 59101
Frequently Asked Questions
What type of property is this?
Flex space - Flexible commercial space combines warehouse operations, office areas, a loading dock, and multiple garage doors.
Where is this flex space located?
The property is located at 2307 4th Ave N Billings, MT.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Warehouse and office components within a flex‑space property; Multiple garage doors support warehouse access; Loading dock located on the north side of the building
