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Refurbished Retail Space Available
For Lease
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2802 Montana Ave, Billings, MT

Historic retail space with modern amenities for lease.

Space SizeContact for details
Property Size1,709 SF
Lot Size0.33 Acres
Days on Market261

Property Features for 2802 Montana Ave

General Information

Standard status Active
Size 1,709 SF
Lot size 0.33 Acres
Property subtype RETAIL

Spaces For Lease

at 2802 Montana Ave Contact us

2802 Montana Ave $16.25/SF/Yr

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2802 Montana Ave $18/SF/Yr

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2802 Montana Ave $20/SF/Yr

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Listing Agency: Coldwell Banker Commercial CBS
Listed By: George A. Warmer · License #14174
Source: Moodyscre
Added: Nov 18, 2025 Changed: Jul 6 Last Checked: Aug 6 at 5:18AM

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 space features refurbished historic pressed metal ceilings and refinished hardwood floors on the first floor, along with smooth concrete floors in the basement. Central public restrooms are available on both the first floor and basement level. The property is equipped with electric egress and emergency lighting, junction boxes near the top of columns on the first floor, and two-bay metal ceiling areas. 120V power outlets are located in the exterior wall at 25-foot intervals. A separate meter plus one circuit breaker panel are provided in each potential tenant space. Fire sprinklers are installed throughout the property. HVAC is available to each potential tenant space, though distribution is not included. The tenant side of demising walls, as well as building exterior walls, are furred out, insulated, and finished with gypsum board, taped, primed, and ready for finishing. The property offers 1709 square feet of retail space.

Key Highlights

  • Refurbished historic pressed metal ceilings
  • Refinished hardwood floors on the 1st floor and N.E. corner of basement
  • HVAC to each potential tenant space

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Grocery & Convenience Store Storage Facility Nail Salon Florist (Bike/Boat/Book/etc) Store Wine and Liquor 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
$2.44 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,103
Businesses Nearby
6k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
O'Reilly Auto Parts Shops & Services
2,205 visits/mo 0.2 miles
Conoco Shops & Services
1,713 visits/mo 0.2 miles
FedEx Office Print & Ship Center Shops & Services
987 visits/mo 0.4 miles
First Interstate Bank Shops & Services
779 visits/mo 0.4 miles

Market

Lease Benchmarks for Billings, MT

$12.56 /SF/Yr
Avg Asking Price
$7–$21.5 /SF/Yr
Price Range
5,409 SF
Avg Space Size

This space is priced 29% above the average of $12.56 /SF/Yr.

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Historic retail space with modern amenities for lease.
Where is this retail space located?
The property is located at 2802 Montana Ave Billings, MT.
What is the lease rate?
The lease rate is $16.25 SF/Yr.
What are key features of this property?
This property features: Refurbished historic pressed metal ceilings; Refinished hardwood floors on the 1st floor and N.E. corner of basement; HVAC to each potential tenant space
(406) 855-8946 Call to check price and availability
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