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at 2316 1st Ave N Contact us

2316 1st Ave N $1,663 – $1,900/Mo

Floor

1

Size

950 SF

Type

RETAIL

Lease Type

NNN

Availability

AVAILABLE, Now

Sublease

No

- Old Town Flats 950 - 1,900 SF New Construction Retail/Office Space For Lease -... $1,979-$4,433/mo + Utilities Landlord Will Build to Suit for Tenants Signing a Long Term Lease High Traffic Counts & Good Retail Exposure $21-$24 PSF NNN NNN = $4 PSF - Old Town Flats is Billings' first ground-up mixed-use project in nearly a decade, located in Downtown Billings. The development features 36 high-end residential units and 1,900 square feet of retail/office space available for lease. The landlord is willing to divide the space into two smaller units of 950 square feet each, or it can be leased as the entire 1,900 square-foot space. Ideal tenants might include accountants, lawyers, engineers, insurance agents, realtors, or other retailers who would benefit from having a built-in clientele living next door to their business.

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Contact us

Listing Agency: Coldwell Banker Commercial CBS m***@cbcmontana.com Show Phone

Listed By: Michael Speidel · License #RRE-RBS-LIC-109468 Show Phone

Source: Moodyscre

Added: Jul 27 Changed: Aug 8 Last Checked: Aug 11 at 10:59AM

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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.

Old Town Flats features new construction retail/office space available for lease within a downtown Billings mixed-use project. The offering includes 1,900 square feet of retail/office space that can be leased as a single space or divided into two smaller 950 square foot units.

The development includes 36 residential units alongside the ground-floor retail/office component, creating built-in foot traffic from residents in the same building. The property is located at 2316 1st Ave N in Downtown Billings.

Key Highlights

• 1,900 SF retail/office space available for lease
• Can be leased as 1,900 SF or divided into two 950 SF units
• New construction retail/office space in Old Town Flats

Property Analytics

Property Profile

Current Use

MPG cheer & tumbl Gym & Fitness Center Dr. Jonas M. ... Physician Montana Performance Gym ... Gym & Fitness Center VAN Rental Billings ... Car Rental Facility

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Pet Grooming Service Grocery & Convenience Store Pet Store Restaurant

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

NNN (Triple Net)

Lease Type

$3.15 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

2,138

Businesses Nearby

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

Lease Benchmarks for Billings, MT

$12.56 /SF/Yr

Avg Asking Price

$6–$21.5 /SF/Yr

Price Range

5,755 SF

Avg Space Size

This space is priced 67% above the average of $12.56 /SF/Yr.

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - 950 SF retail/office space available in Billings’ downtown mixed-use development with on-site residential units.

Where is this retail space located?

The property is located at 2316 1st Ave N Billings, MT.

What is the lease rate?

The lease rate is $1,663/Mo.

What are key features of this property?

This property features: 1,900 SF retail/office space available for lease; Can be leased as 1,900 SF or divided into two 950 SF units; New construction retail/office space in Old Town Flats