Building Details

Tenancy Multi

Listing Agency: NAI Business Properties

Listed By: Brian McDonald · License #MT RRE-BRO-LIC-12627 Show Phone

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 12:44AM

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Investment Insights

Based on property information with market context.

The office property at 2474-2476 Overland Ave in Billings, MT contains 6 units occupied by 4 tenants. The building is fully leased, providing a multi-tenant configuration for an office-focused buyer.

Several units have received updates including new carpet, paint, and lighting. The parking lot has also been resurfaced, adding a recent site improvement to the property’s operating profile.

Key Highlights

• Fully leased office property
• 6 units occupied by 4 tenants
• Several units updated with new carpet, paint, and lighting

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Grocery & Convenience Store HVAC Service Dental Office (Bike/Boat/Book/etc) Store Butcher Food Market

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

6

Office units

100%

Occupancy

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

731

Businesses Nearby

Explore this area Business Placement

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 Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

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Frequently Asked Questions

What type of property is this?

Office building - Fully leased office property with refreshed interiors and a resurfaced parking lot.

Where is this office building located?

The property is located at 2474-2476 Overland Ave Billings, MT.

What are key features of this property?

This property features: Fully leased office property; 6 units occupied by 4 tenants; Several units updated with new carpet, paint, and lighting