Downtown Billings High-Rise
For Sale
$2,500,000
303 North Broadway, Billings, MT 59101
Iconic 8-story building in downtown Billings, Montana.
Property Size117,141 SF
Price / SF$21.34
Days on Market168
Property Features for 303 North Broadway
General Information
Standard status
Active
Size
117,141 SF
Property subtype
Office
Building Details
Year Built
1954
Listing Agency:
NAI Business Properties
(406) 671-1158
Listed By:
Matt Robertson, SIOR
(406) 671-1158
Source:
Naiglobal
Added: Mar 6
Changed: Jul 10
Last Checked: Aug 20 at 5:28AM
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 NAI Business Properties
Investment Insights
Based on property information with market context.
Located in the heart of Downtown Billings, Montana, 303 North Broadway is an 8-story high-rise building. Constructed in 1954 and remodeled in 2001, the building has a total area of approximately 117,141 square feet. The property sits on a lot of approximately 28,364 square feet, with an additional leasehold land interest of about 10,500 square feet. The building is currently zoned as Central Business District. US Bank anchors the building and occupies the first two floors. The balance of the building is largely vacant and facing extensive deferred maintenance, presenting a repositioning opportunity for value-add investors, hospitality or multifamily redevelopers, and institutions seeking a prime urban location. The occupancy rate is 24.21%. The annual taxes for 2024 are $26,784.89.
Key Highlights
- Prime urban location in the heart of Downtown Billings, Montana's largest city
- Significant value‑add opportunity through repositioning and redevelopment
- Large building size: ±117,141 SF across 8 stories
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
30
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 - Iconic 8-story building in downtown Billings, Montana.
Where is this office building located?
The property is located at 303 North Broadway Billings, MT.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Prime urban location in the heart of Downtown Billings, Montana's largest city; Significant value‑add opportunity through repositioning and redevelopment; Large building size: ±117,141 SF across 8 stories
