Flex Space with Fenced
For Lease
$4,500/Mo
3772 Cresent Lake Unit 1 Road, Billings, MT 59101
CommercialSale, Billings, MT
Space SizeContact for details
Days on Market82
Property Features for 3772 Cresent Lake Unit 1 Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
12
Parking features
Garage, Assigned
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
Natural Gas, Forced Air
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
(406) 671-6955
Listed By:
Cotti Bushfield · License #RRE-BRO-LIC-89134
(406) 690-0800
Added: Jul 21
Changed: Sep 12
Last Checked: Oct 10 at 8:06AM
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.
Constructed in 2023, this 4,221-square-foot flex property combines office functions with a substantial shop area. The main level includes office space, the shop, and two ADA-compliant half baths. A 588-square-foot upper-level apartment or second office provides a full kitchen, full bath, and washer/dryer hookups.
The shop measures 60 feet by 60 feet and includes a French drain, three 14-foot overhead doors, and building heights ranging from 18 feet to 22 feet. One overhead door opens into an attached chain-link-fenced storage yard that is excluded from the stated building area. The property is positioned along South Frontage Road near Interstate 90, between the Zoo Exit and South Laurel Exit, with visibility from both routes.
Additional improvements include metal siding, a metal roof, forced-air natural gas heating, central air conditioning, well water, and septic service. Parking features include a garage and assigned parking.
The shop measures 60 feet by 60 feet and includes a French drain, three 14-foot overhead doors, and building heights ranging from 18 feet to 22 feet. One overhead door opens into an attached chain-link-fenced storage yard that is excluded from the stated building area. The property is positioned along South Frontage Road near Interstate 90, between the Zoo Exit and South Laurel Exit, with visibility from both routes.
Additional improvements include metal siding, a metal roof, forced-air natural gas heating, central air conditioning, well water, and septic service. Parking features include a garage and assigned parking.
Key Highlights
- 4,221 SF flex property built in 2023
- 60' x 60' shop with 18' to 22' building height
- Three 14' overhead doors, including one opening to the fenced storage yard
Property Analytics
Current Use
Lease Details
3
Drive-in doors
Yes
Fenced yard
Yes
Highway 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
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
Lease Benchmarks for Billings, MT
$10.56 /SF/Yr
Avg Asking Price
$7.4–$15.71 /SF/Yr
Price Range
4,501 SF
Avg Space Size
This space is priced 21% above the average of $10.56 /SF/Yr.
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Newer flex property combines office, shop, and secondary residential or office space with direct Interstate 90 access.
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 SF flex property built in 2023; 60' x 60' shop with 18' to 22' building height; Three 14' overhead doors, including one opening to the fenced storage yard
