Updated Office Unit
For Sale
$320,000
420 Water Avenue, Colstrip, MT 59323
CommercialSale, Colstrip, MT
Property Size2,500 SF
Lot Size0.23 Acres
Price / SF$128
Days on Market105
Property Features for 420 Water Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Subdivision
Colstrip
Directions
Get on I-90 E in Lockwood from 1st Ave N and I-90BL E, follow I-94 E to MT-39 S in Rosebud County. Take exit 87 from I-94 E then follow MT-39 S to 420 Water Avenue Colstrip, MT 59323
Standard status
Active
APN
1322
Size
2,500 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Description
COLSTRIP, S34, T02 N, R41 E, BLOCK 030, LOT 02A, 51745
Tax Annual Amount
2127
Legal Description
COLSTRIP, S34, T02 N, R41 E, BLOCK 030, LOT 02A, 51745
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Electric (Heating), Propane (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1988
Floors in Building
1
Building materials
MetalSiding, Steel
Roof type
Metal
Listing Agency:
Keller Williams Yellowstone Properties · Keller Williams Realty
(406) 655-0005
Listed By:
Patti Baisch · License #RRE-RBS-LIC-109264
(406) 740-0317
Added: Jun 3
Changed: Sep 12
Last Checked: Sep 15 at 5:06PM
MLS# 352997
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.
This 2,500-square-foot office unit property sits on 0.23 acres and was constructed in 1988. The building includes a full kitchen and bathroom, new flooring, central air, and forced-air heating supported by electric and propane systems. A metal roof and metal siding complete the primary improvements, while the property is offered as-is.
Each room is currently rented separately to traveling workers, providing an existing room-by-room occupancy arrangement. Public water and sewer serve the property, and the front yard has underground sprinklers. The propane tank is leased.
Each room is currently rented separately to traveling workers, providing an existing room-by-room occupancy arrangement. Public water and sewer serve the property, and the front yard has underground sprinklers. The propane tank is leased.
Key Highlights
- 2,500 square feet on 0.23 acres
- Rooms are individually rented to traveling workers
- New flooring, full kitchen, and bathroom
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
96
Businesses Nearby
Explore this area
Business Placement
Demographics for 59323, MT
2,129
Population
980
Households
2.2
Avg Household Size
38
Median Age
25%
College-Educated
97%
High-School Grad
53.4 sq mi
ZIP Area
40
Density / Sq Mi
$86,000
Median Household Income
$56,250
Median Earnings
$632
Median Rent
$193,700
Median Home Value
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office units - Flexible office configuration with renovated interior finishes, public utilities, and current room-by-room rentals to traveling workers.
Where is this office units located?
The property is located at 420 Water Avenue Colstrip, MT.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: 2,500 square feet on 0.23 acres; Rooms are individually rented to traveling workers; New flooring, full kitchen, and bathroom
