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Downtown Billings Remodeled Commercial Space
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2624 Montana Ave, Billings, MT 59101

Remodeled commercial space in historic downtown Billings, available end of 2025.

Space Size400 SF - 6,000 SF
Property Size33,750 SF
Days on Market1183

Property Features for 2624 Montana Ave

General Information

Standard status Active
Size 400 SF - 6,000 SF
Class B
Total Parking Spaces 34
Property subtype Office, Retail, Restaurant
Lease Type Modified Gross

Building Details

Building Size 33,750 SF
Year Built 1915
Tenancy Multiple

Spaces For Lease

at 2624 Montana Ave Contact us

Available Space 1

Size
6,000 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Available Space 2

Size
400 SF
Type
Office, Restaurant, Retail
Lease Type
Modified Gross
Availability
Active
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Available Space 3

Size
950 SF
Type
Office, Restaurant, Retail
Lease Type
Modified Gross
Availability
Active
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Available Space 4

Size
1,500 SF
Type
Office, Restaurant, Retail
Lease Type
Modified Gross
Availability
Active
Contact us

Available Space 5

Size
3,000 SF
Type
Office, Restaurant, Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Montana Listings
Listed By: Rica Dombrovski · License #MT RRE-BRO-LIC-53568
Source: Crexi
Added: Jun 11, 2023 Changed: Aug 26 Last Checked: Sep 1 at 7:48PM

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 Montana Listings

Investment Insights

Based on property information with market context.

This commercial space is available for lease in downtown Billings, Montana. Located in a historic building undergoing complete remodeling, the space is projected to be ready for occupancy by the end of 2025. The lease rate of $24 per square foot includes utilities. A tenant improvement allowance of $15 per square foot is offered with a 3-year lease. Tenants will have access to fenced, gated parking adjacent to the building. This presents a unique opportunity to customize the space.

Key Highlights

  • Prime Downtown Billings location.
  • Complete remodel of a historic building.
  • $15 PSF Tenant Improvement Allowance with a 3‑year lease.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Grocery & Convenience Store Storage Facility Nail Salon Florist (Bike/Boat/Book/etc) Store Pet Store

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
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,667
Businesses Nearby

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

$20.07 /SF/Yr
Avg Asking Price
$1.14–$250 /SF/Yr
Price Range
3,579 SF
Avg Space Size

This space is priced 20% above the average of $20.07 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Remodeled commercial space in historic downtown Billings, available end of 2025.
Where is this office units located?
The property is located at 2624 Montana Ave Billings, MT.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Prime Downtown Billings location.; Complete remodel of a historic building.; $15 PSF Tenant Improvement Allowance with a 3‑year lease.
(406) 794-6896 Call to check price and availability
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