New Retail/Office Space
For Lease
$1,400/Mo
2316 1st Ave N, Billings, MT 59101
New construction retail/office space for lease in Downtown Billings.
Space Size800 SF - 950 SF
Days on Market208
Property Features for 2316 1st Ave N
General Information
Standard status
Active
Size
800 SF - 950 SF
Property subtype
Retail
Lease Term
NNN
Building Details
Building Size
950 SF
Year Built
2023
Spaces For Lease
at 2316 1st Ave N Contact usSte A $1,400 – $1,600/Mo
Size
800 SF
Term
Negotiable
Ste B $1,663 – $1,900/Mo
Size
950 SF
Term
Negotiable
Listed By:
Nathan Matelich, SIOR, CCIM · License #MT #RRE-BRO-LIC-69991
(406) 781-6889
Source:
Cbcmontana
Added: Mar 26
Changed: Oct 4
Last Checked: Oct 19 at 5:11AM
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 Nathan Matelich, SIOR, CCIM
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Investment Insights
Based on property information with market context.
Located in Downtown Billings, the Old Town Flats offer new construction retail and office space for lease. This mixed-use project features 36 residential units and up to 1,900 square feet of commercial space. The landlord is willing to build to suit for tenants signing a long-term lease. The space can be divided into two 950-square-foot units or leased as a single 1,900-square-foot space. Potential tenants include accountants, lawyers, engineers, insurance agents, realtors, or other retailers. The building includes charging stations for electric vehicles, key card access, security cameras, a dog park, and a community patio with grills. The property is near downtown restaurants and shopping. Neighboring businesses to the south include Ciao Mambo, Uberbrew, Nova Theater, and Buffalo Block at the Rex. The location offers high traffic counts and good retail exposure.
Key Highlights
- New construction retail/office space in downtown Billings' first mixed‑use project in a decade.
- Landlord will build to suit for long‑term tenants.
- High traffic counts & good retail exposure.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,077
Businesses Nearby
57k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 34%
Groceries 31%
Hotels & Casinos 25%
Shops & Services 10%
Albertsons
Groceries
17,906 visits/mo
0.4 miles
Hardee's
Dining
9,472 visits/mo
0.4 miles
DoubleTree by Hilton Hotel Billings
Hotels & Casinos
8,726 visits/mo
0.2 miles
KFC
Dining
6,863 visits/mo
0.5 miles
Dickey's Barbecue Pit
Dining
3,253 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
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Market
Lease Benchmarks for Billings, MT
$13.8 /SF/Yr
Avg Asking Price
$6–$25 /SF/Yr
Price Range
3,013 SF
Avg Space Size
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - New construction retail/office space for lease in Downtown Billings.
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 $1,400/Mo.
What are key features of this property?
This property features: New construction retail/office space in downtown Billings' first mixed‑use project in a decade.; Landlord will build to suit for long‑term tenants.; High traffic counts & good retail exposure.
