Retail Space with Pylon
For Sale
Contact for pricing
2455 Central Ave, Billings, MT 59102
The property offers single-tenant occupancy, multiple access points, and corridor mixed-use zoning for retail operations.
Property Size8,836 SF
Lot Size1.00 Acre
Days on Market144
Property Features for 2455 Central Ave
General Information
Standard status
Active
Size
8,836 SF
Total Parking Spaces
59
Lot size
1.00 Acre
Property subtype
Retail
Zoning
CMU2-Corridor Mixed Use 2
Occupancy
100%
Net Operating Income
$119,901
Financials
Asking Price
$1,700,000
Cap Rate
7.05%
Site & Location
Corner Location
Yes
Pylon Signage
Yes
Road Access
Yes
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Coldwell Banker Commercial CBS
(406) 794-3404
Listed By:
Nathan Matelich, SIOR, CCIM · License #MT
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 12:08AM
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 retail property includes an 8,836 SF building on 1 Acre of land, with 100% occupancy under 1 Long Term Tenant. The improvements include approximately 59 parking spaces and a Large Pylon Sign. Zoning is CMU2-Corridor Mixed Use 2.
Access is provided from Central Ave, 25th St W, and 24th St W through 8 ingress/egress points. A traffic light is located off 24th Street at St Johns Ave. The property is positioned at the 24th and Central intersection, with reported traffic volumes exceeding 30,000 cars per day in one direction and 17,000+ cars per day in the other.
Nearby retailers and businesses include Winco, Target, Albertsons, US Bank, Hobby Lobby, McDonald’s, Wendy’s, and Rimrock Mall. Hobby Lobby and US Bank are located south of the property. The surrounding 5-mile area includes over 105,000 people, nearly 45,000 houses, and a median household income above $85,000.
Access is provided from Central Ave, 25th St W, and 24th St W through 8 ingress/egress points. A traffic light is located off 24th Street at St Johns Ave. The property is positioned at the 24th and Central intersection, with reported traffic volumes exceeding 30,000 cars per day in one direction and 17,000+ cars per day in the other.
Nearby retailers and businesses include Winco, Target, Albertsons, US Bank, Hobby Lobby, McDonald’s, Wendy’s, and Rimrock Mall. Hobby Lobby and US Bank are located south of the property. The surrounding 5-mile area includes over 105,000 people, nearly 45,000 houses, and a median household income above $85,000.
Key Highlights
- 8,836 SF retail building on 1 Acre of land
- 100% occupancy with 1 Long Term Tenant
- Approximately 59 parking spaces and a Large Pylon Sign
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,044
Businesses Nearby
513k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 23%
Shops & Services 22%
Superstores 21%
Apparel 19%
Target
Superstores
107,869 visits/mo
0.2 miles
Hobby Lobby
Shops & Services
60,997 visits/mo
0.0 miles
Dillard's
Apparel
35,337 visits/mo
0.4 miles
JCPenney
Apparel
31,523 visits/mo
0.3 miles
Albertsons
Groceries
30,467 visits/mo
0.3 miles
Demographics for 59102, MT
48,133
Population
22,706
Households
2.1
Avg Household Size
41
Median Age
43%
College-Educated
97%
High-School Grad
15.0 sq mi
ZIP Area
3,209
Density / Sq Mi
$75,140
Median Household Income
$43,203
Median Earnings
$1,148
Median Rent
$307,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - The property offers single-tenant occupancy, multiple access points, and corridor mixed-use zoning for retail operations.
Where is this retail space located?
The property is located at 2455 Central Ave Billings, MT.
What are key features of this property?
This property features: 8,836 SF retail building on 1 Acre of land; 100% occupancy with 1 Long Term Tenant; Approximately 59 parking spaces and a Large Pylon Sign
