Office Building with Elevator
For Sale
Contact for pricing
2702 Montana, Billings, MT 59101
Elevator-accessible office building with ADA restrooms, fully sprinklered systems, and on-site parking.
Property Size4,868 SF
Price / SF$154.07
Days on Market409
Property Features for 2702 Montana
General Information
Standard status
Active
Size
4,868 SF
Total Parking Spaces
50
Elevators
Yes
Property subtype
OFFICE
Additional Details
Sprinkler System
Yes
Amenities
Corner Signage Opportunity
ADA Restrooms
Listing Agency:
Coldwell Banker Commercial CBS
(406) 855-8946
Listed By:
George A. Warmer · License ##54530
(406) 855-8946
Source:
Moodyscre
Added: Jun 24, 2025
Changed: Jul 31
Last Checked: Aug 5 at 1:23PM
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 office building offers elevator access along with ADA restrooms and fully sprinklered protection. The interior layout includes 11 offices, plus a reception area, training room, kitchen, and conference room—well suited for professional office use with multiple workspaces and meeting needs.
The property also provides 50 parking spaces available, with monthly fees applying. It is positioned as a corner location with signage opportunity, and the address is 2702 Montana, Billings, MT 59101.
With approximately 4,868 square feet of space, the configuration supports a tenant that wants distinct office rooms and dedicated common areas for reception, training, and conferencing.
The property also provides 50 parking spaces available, with monthly fees applying. It is positioned as a corner location with signage opportunity, and the address is 2702 Montana, Billings, MT 59101.
With approximately 4,868 square feet of space, the configuration supports a tenant that wants distinct office rooms and dedicated common areas for reception, training, and conferencing.
Key Highlights
- Approximately 4,868 SF office building
- Elevator access and ADA restrooms
- Fully sprinkled building
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $84.7k | $17.40 |
| − Vacancy | −$13.6k | −$2.78 |
| EGI | $71.2k | $14.62 |
| − OpEx | −$17.8k | −$3.65 |
| NOI | $53.4k | $10.96 |
4,868 SF · lease $17.40/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$762.3K
$667.0K – $889.4K
NOI $53,363 @ 7.0% cap · market cap 7.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.06M
$929.4K – $1.24M
NOI $74,352 @ 7.0% cap · market cap 9.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
3,667
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
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Elevator-accessible office building with ADA restrooms, fully sprinklered systems, and on-site parking.
Where is this office building located?
The property is located at 2702 Montana Billings, MT.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Approximately 4,868 SF office building; Elevator access and ADA restrooms; Fully sprinkled building
