Office Building with Elevator
2702 Montana, Billings, MT 59101
For Sale
Contact for pricing
Elevator-accessible office building with ADA restrooms, fully sprinklered systems, and on-site parking.
Property Size4,868 SF
Price / SF$154.07
Days on Market508
Property Features for 2702 Montana
General Information
Standard status
Size
Total Parking Spaces
Elevators
Property subtype
Site & Location
Neighborhood
Additional Details
Sprinkler System
Amenities
Corner Signage Opportunity
ADA Restrooms
Listing Agency:
Coldwell Banker Commercial CBS
(406) 656-2001
Listed By:
George A. Warmer · License MT #14174
(406) 855-8946
Source:
Moodyscre
Added: Jun 24, 2025
Changed: Nov 6
Last Checked: Nov 12 at 10:50AM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$53,363
Cap Rate
7.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,067,260
$1.1M
Cap Rate 7%
$762,329
$762.3K
Cap Rate 9%
$592,922
$592.9K
Market Conditions
NOI Build-Up for 4,868 SF
Gross rent
$84.7K $17.40/SF
− Vacancy
−$13.6K −$2.78/SF
EGI
$71.2K $14.62/SF
− OpEx
−$17.8K −$3.65/SF
NOI
$53.4K $10.96/SF
Area
Billings, MT
Vacancy
16.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,067,260
Cap Rate 7%
$762,329
Cap Rate 9%
$592,922
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.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
3,282
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
$243,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Billings, MT
Properties on Market for Office buildings in Billings
Vacancy Rate% for Office in West region
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
