Flex Space with Fenced
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
(406) 671-6955
Listed By:
Cotti Bushfield · License #RRE-BRO-LIC-89134
(406) 690-0800
Added: Jul 21
Changed: Aug 19
Last Checked: Aug 24 at 1:06AM
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.
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
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
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
$10.91 /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
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
