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Downtown Billings Office Building

2929 3rd Avenue North, Billings, MT 59101

For Sale
$5,900,000

Five-story office building in downtown Billings, ideal for various businesses.

Property Size63,062 SF
Days on Market430

Property Features for 2929 3rd Avenue North

General Information

Standard status Active
Size 63,062 SF
Property subtype Retail

Site & Location

Neighborhood North Side

Building Details

Building Size 63,062 SF
Year Built 1978
Listing Agency: Coldwell Banker Commercial CBS
Listed By: Nathan Matelich, SIOR, CCIM · License MT RRE-BRO-LIC-69991
Source: Cbcmontana
Added: Sep 10, 2025 Changed: Nov 9 Last Checked: Nov 12 at 6:11AM

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

Rey
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Investment Insights

Based on property information with market context.

The property at 2929 3rd Ave N, Billings, MT 59101, is a former Rocky Mountain Bank building. This five-story office building has 63,062 square feet and is situated on a 42,000 square foot lot, which comprises half a block in downtown Billings. It features a three-lane drive-through, making it suitable for a bank, pharmacy, or restaurant. The first and second floors are currently vacant and ideal for an owner-occupied tenant. Floors three through five are rented to government tenants, a law office, a property manager, and a general office user. The exterior of the building offers excellent signage opportunities. Financials and rent roll are available with a signed NDA.

Key Highlights

  • Prime downtown Billings location on a half‑block lot.
  • 63,062 SF, 5‑story office building with income‑generating tenants.
  • Floors 1 & 2 are vacant, ideal for owner‑occupancy or redevelopment.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Federal Bureau of Investigation ... Federal Government Office Tamarack Property Management ... Property Management Company Bureau of Alcohol, Tobacco, ... Government Office Rocky Mountain Bank ... Bank Rocky Mountain Tribal ... Tribal Headquarters

Suggested Use

Top Pick Storage Facility Big Box & Wholesale Store Grocery & Convenience Store Nail Salon Garden Center 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.

Location Intelligence

Trade Area within ½ mile

3,600
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Office buildings in Billings, MT

$162 Jul
$161 Aug
$158 Sep
$163 Oct

Properties on Market for Office buildings in Billings

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office building - Five-story office building in downtown Billings, ideal for various businesses.
Where is this office building located?
The property is located at 2929 3rd Avenue North Billings, MT.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: Prime downtown Billings location on a half‑block lot.; 63,062 SF, 5‑story office building with income‑generating tenants.; Floors 1 & 2 are vacant, ideal for owner‑occupancy or redevelopment.
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