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Remodeled Office Unit
New
For Lease
$2,138/Mo

509 24th Street West, Billings, MT 59102

Updated office space in a professionally established building.

Space Size1,500 SF
Property Size58,285 SF
Days on Market5

Property Features for 509 24th Street West

General Information

Standard status Active
Size 1,500 SF
Net Rentable 1,500 SF
Class B
Property subtype Office
Lease Term NNN

Space & Availability

Available Space 1,500 SF
Contiguous Space 1,500 SF
Space Use Office

Building Details

Building Size 58,285 SF
Year Built 1965

Spaces For Lease

at 509 24th Street West Contact us

509 24th St W $2,138/Mo

Size
1,500 SF
Term
Negotiable
Contact us
Listing Agency:
Listed By: Nathan Matelich, SIOR, CCIM · License #MT #RRE-BRO-LIC-69991
Source: Cbcmontana
Added: Aug 13 Changed: Aug 14 Last Checked: Aug 17 at 4:12AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nathan Matelich, SIOR, CCIM

Investment Insights

Based on property information with market context.

This office unit provides 1,500 SF of newly remodeled workspace within a building constructed in 1965. The property is located at 509 24th Street West in Billings, Montana, offering a defined address for office users seeking space in an established commercial setting.

Key Highlights

  • 1,500 SF of newly remodeled office space
  • Building constructed in 1965
  • Located at 509 24th Street West, Billings, MT 59102

Property Analytics

Current Use

Grit n Grind Cafe & Coffee Shop

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Garden Center Furniture & Home Goods Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.57 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

838
Businesses Nearby

Demographics for 59102, MT

48,133
Population
22,706
Households
2.1
Avg Household Size
41
Median Age
43%
College-Educated
97%
High-School Grad
15.0 sq mi
ZIP Area
3,209
Density / Sq Mi
$75,140
Median Household Income
$43,203
Median Earnings
$1,148
Median Rent
$307,400
Median Home Value

Market

Lease Benchmarks for Billings, MT

$21.34 /SF/Yr
Avg Asking Price
$3.68–$250 /SF/Yr
Price Range
3,961 SF
Avg Space Size

This space is priced 20% below the average of $21.34 /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
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Frequently Asked Questions

What type of property is this?
Office units - Updated office space in a professionally established building.
Where is this office units located?
The property is located at 509 24th Street West Billings, MT.
What is the lease rate?
The lease rate is $2,138/Mo.
What are key features of this property?
This property features: 1,500 SF of newly remodeled office space; Building constructed in 1965; Located at 509 24th Street West, Billings, MT 59102
More about this property
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