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Flex Space with Fenced Yard
For Lease
$4,500/Mo

3772 Cresent Lake Unit 1 Road, Billings, MT 59101

COMMERCIAL - Other - Billings, MT

Space SizeContact for details
Days on Market35

Property Features for 3772 Cresent Lake Unit 1 Road

General Information

Property type Commercial Sale
Property subtype Other
Parking 12
Parking features Assigned, Garage
Appliances Refrigerator
Subdivision F&F Shop Condo Association 24
Directions Off 56th St W and Frontage Road
Standard status Active
APN C18494A
Size 4,221 SF

Taxes and HOA fees

Tax Description F&F SHOP CONDOMINIUM ASSOCIATION (24), S32, T01 S, R25 E, BUILDING A, UNIT 1, 6.668% COMMON AREA INTEREST, LOC @ LOT 1, 56TH STREET SHOPS SUB
Tax Annual Amount 2983
Expense value 5000
Expense SecurityDeposit
Expense freq. One Time
Legal Description F&F SHOP CONDOMINIUM ASSOCIATION (24), S32, T01 S, R25 E, BUILDING A, UNIT 1, 6.668% COMMON AREA INTEREST, LOC @ LOT 1, 56TH STREET SHOPS SUB

Utilities

Sewer type Septic Tank
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Well

Building Details

Year built 2023
Floors in Building 2
Building materials MetalSiding
Roof type Metal
Architectural style Other
Listing Agency: Meridian Real Estate LLC
Listed By: Cotti Bushfield · License #RRE-BRO-LIC-89134
Added: Jul 21 Changed: Aug 19 Last Checked: Aug 24 at 2:06AM
MLS# 360788

Copyright © 2026 Billings Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 2023, this 4,221-square-foot flex property combines a main-level office area with a substantial shop and two ADA-compliant half baths. The upper level adds a 588-square-foot apartment or office suite with a full kitchen, full bath, and washer/dryer hookups. Metal siding, a metal roof, forced-air natural gas heat, and central air complete the improvements. The shop includes a French drain and three 14-foot overhead doors, including one serving the attached chain-link fenced storage yard, which is outside the stated building area. Interior height measures 22 feet at the front and 18 feet at the rear.

The property is located at 3772 Cresent Lake Unit 1 Road in Billings, with access near I-90 between the Zoo Exit and South Laurel Exit. It offers visibility from South Frontage Road and Interstate 90. Water is supplied by a well, and the property uses a septic tank system.

Key Highlights

  • 4,221‑square‑foot flex property built in 2023
  • 588‑square‑foot upper‑level apartment or office suite with full kitchen and bath
  • Three 14‑foot overhead doors, including one opening to the fenced storage yard

Property Analytics

Current Use

Flex space

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.92 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

46
Businesses Nearby
Well-served
Demand for This Use

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

Lease Benchmarks for Billings, MT

$10.91 /SF/Yr
Avg Asking Price
$3.68–$22.11 /SF/Yr
Price Range
5,372 SF
Avg Space Size

This space is priced 17% above the average of $10.91 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Newer metal-sided commercial building combining office areas, a shop, and an upper-level apartment or office suite.
Where is this flex space located?
The property is located at 3772 Cresent Lake Unit 1 Road Billings, MT.
What is the lease rate?
The lease rate is $4,500/Mo.
What are key features of this property?
This property features: 4,221‑square‑foot flex property built in 2023; 588‑square‑foot upper‑level apartment or office suite with full kitchen and bath; Three 14‑foot overhead doors, including one opening to the fenced storage yard
More about this property
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