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    Billings, MT

    Billings, MT Commercial Real Estate for Sale

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    Flex Space with Workshops
    Updated: Jul 21
    Flex Space with Workshops

    5 Washington St, Billings, MT 59101

    $650,000
    8,697 sqft 1.30 AC lot
    1.3‑acre commercial property with access to I‑90
    Five main buildings plus multiple sheds and lean‑to covered storage
    Workshops, sandblasting rooms, office areas, and large air compressor systems
    Fully fenced yard with three large gated entrances
    Office converted into residential living space and leased month‑to‑month
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    This listing looks promising.

    Here's a quick look at some key insights for

    5 Washington St, Billings, MT

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    • Est. Cap Rate

      8.7%
      Above avg (5.9%)

    • Est. NOI

      $57K
      Annual

    • Price @ 7% Cap

      $812K
      Above asking

    • Property Type

      Office Building
      Built 1970
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    Historic Office Building with Sunrooms
    Updated: Jul 7
    Historic Office Building with Sunrooms

    820 Division Street, Billings, MT 59101

    $950,000
    5,688 sqft 0.48 AC lot
    Brick building with central air and natural gas hot water heating
    Year built 1918 with original architectural character and details
    Adapted for professional office use with multiple office spaces and gathering areas
    Includes restrooms and generous square footage for business needs
    Two sunrooms
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    Multi-Building Flex Space
    Multi-Building Flex Space

    5 Washington Street, Billings, MT 59101

    $650,000
    8,697 sqft 1.30 AC lot

    Fenced commercial property with offices, workshops, covered storage, and multiple gated entrances for varied operational needs.

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    Flex Space with Overhead Doors
    Flex Space with Overhead Doors

    6512 Wagon Trail, Billings, MT 59106

    $1,100,000
    8,400 sqft 0.50 AC lot

    Pre-engineered steel improvements include multiple units and overhead doors.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Dock-High Warehouse with Retail Space
    Dock-High Warehouse with Retail Space

    1105 1st Avenue N, Billings, MT 59101

    $1,200,000
    12,750 sqft 0.48 AC lot

    Two-building property with dock-high warehouse space and dedicated retail area along a high-traffic corridor.

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    Flex Warehouse With Overhead Doors
    Flex Warehouse With Overhead Doors

    6508 Wagon Trail, Billings, MT 59106

    $1,100,000
    8,400 sqft 0.53 AC lot

    Pre-engineered steel flex space with multiple units, bathrooms, and a combination of occupied and vacant space.

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    Historic Office Building with Sunrooms
    Historic Office Building with Sunrooms

    820 Division Street, Billings, MT 59101

    $950,000
    5,688 sqft

    A 1918 property adapted for professional office use while retaining distinctive architectural details.

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    Renovated Two-Level Office Building
    Renovated Two-Level Office Building

    11 E Airport Rd, Billings, MT 59105

    $939,000
    9,449 sqft 1.53 AC lot

    Renovated office property offering two levels on a large site along Airport Rd in Billings.

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    Flex Warehouse with Office
    Flex Warehouse with Office

    1907 Main St, Billings, MT 59105

    $759,000
    8,276 sqft 0.76 AC lot

    Heated shop with office space, drive-through overhead doors, and a fully fenced, gated rear yard.

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    Steel Flex Warehouse Property
    Steel Flex Warehouse Property

    6508-6512 Wagon Trail, Billings, MT 59106

    $1,950,000
    16,800 sqft 1.00 AC lot

    Two pre-engineered steel buildings provide multi-unit commercial space with overhead loading access and on-site bathrooms.

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    Corner Lot Office Building
    Corner Lot Office Building

    645 Grand Avenue, Billings, MT 59101

    $750,000
    6,620 sqft 0.31 AC lot

    Office building with updated lighting, flooring, and fresh paint, featuring main, lower, and second-level loft apartment space.

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    Event Venue with Botanical Gardens
    Event Venue with Botanical Gardens

    720 Washington St, Billings, MT 59101

    $1,985,000
    9,244 sqft 3.00 AC lot

    Billings event venue on 3 acres with a botanical garden, pavilion and gazebo, plus three residential homes for income.

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    Multi-Unit Flex Office Property
    Multi-Unit Flex Office Property

    1045 Central Avenue, Billings, MT 59102

    $450,000
    2,417 sqft 0.67 AC lot

    Sale includes two connected commercial buildings with a fenced yard for parking vehicles and machinery.

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    Flex Space with Heated Shop
    Flex Space with Heated Shop

    1907 Main St, Billings, MT 59105

    $759,000
    8,276 sqft 0.76 AC lot

    Flex space built for warehouse, contractor, manufacturing, automotive, and service use, with a heated shop and secured rear yard.

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    Controlled-Environment Cannabis Grow Facility
    Controlled-Environment Cannabis Grow Facility

    6 89th Street S, Billings, MT 59106

    $779,900
    4,125 sqft 1.45 AC lot

    Under-construction 2017 grow facility with central air, natural gas forced-air heat, office, and multi-point security entry.

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    New Flex Space with Garage Door
    New Flex Space with Garage Door

    8103 Rosebud Drive, Unit 22E, Billings, MT 59106

    $113,000
    1,152 sqft

    Under-construction flex space offers configurable units, garage access, and natural gas heat.

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    Flex Space With Overhead Doors
    Flex Space With Overhead Doors

    6508 Wagon Trail, Billings, MT 59106

    $1,100,000
    8,400 sqft 0.53 AC lot

    Three-unit configuration includes restrooms, steel construction, and a mix of occupied and vacant space.

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    Under-Construction Warehouse Units
    Under-Construction Warehouse Units

    8103 Rosebud Drive, Unit 22F, Billings, MT 59106

    $113,000
    1,152 sqft

    Flexible industrial units offer secure access, utility connections, and configurable space for storage or shop use.

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    Gas Station/Retail Redevelopment Opportunity
    Gas Station/Retail Redevelopment Opportunity

    523 Hilltop Road, Billings, MT 59105

    $2,195,000
    6,746 sqft 1.56 AC lot

    6,746 SF gas station/retail building on 67,947 SF lot.

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    Office Condo with Private Offices
    Office Condo with Private Offices

    1540 Lake Elmo Drive, Billings, MT 59105

    $400,000
    1,980 sqft

    Office condo configured with seven private offices, a reception area, and a kitchen/break room.

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    3-Unit Flex Space with Overhead Doors
    3-Unit Flex Space with Overhead Doors

    6508 Wagon Trail, Billings, MT 59106

    $1,100,000
    8,400 sqft 0.53 AC lot

    Pre-engineered steel construction supports three flexible commercial units with bathrooms and overhead access.

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    Flex Space with Overhead Doors
    Flex Space with Overhead Doors

    580 Jackson Street, Billings, MT 59101

    $259,900
    1,584 sqft 0.12 AC lot

    Workspace with office, bathroom, equipment access, and connections for laundry appliances.

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    Flex Space with Overhead Doors
    Flex Space with Overhead Doors

    6508 Wagon Trl, Billings, MT

    $1,100,000
    8,400 sqft 0.53 AC lot

    Multi-unit commercial space combines warehouse functionality with separate entrances, bathrooms, and a mix of occupied and vacant suites.

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    Well-Maintained Office Building with New Roof
    Well-Maintained Office Building with New Roof

    1525 Central Avenue, Billings, MT 59102

    $419,900
    1,946 sqft

    Office building with new roof, central air, forced-air natural gas heat, and public water and sewer.

    View details

    Billings, MT Commercial Real Estate Market Trends and Statistics

    Explore 564 commercial real estate for sale in Billings, MT, showcased through 564 active listings on our real estate platform. These investment opportunities span a total of 4,174,174 square feet of properties for sale, with an estimated market value of $258,013,973.

    Sale prices for business properties in Billings, MT start at $30,000, averaging $811,364, and reaching up to $17,442,186 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 145K
    Population Growth (5Y) +7.5%
    Median Household Income $76,702
    College Educated 13.9%

    High-Yield Neighborhoods for Investment

    Identify Billings submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    59106 $424.1K
    59105 $762.2K
    59102 $1.2M
    59101 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.09%
    Property Tax per SF $15.06 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Yellowstone County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Billings fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Billings, MT

    • 59106
    • 59101
    • 59102
    • 59105
    • 591001

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