5229 King Ave W Unit C3, Billings, MT 59106
A versatile flex shop with a fenced yard, finished office, and large overhead door for light commercial or industrial use.
- Added:
- Jun 24, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 25 at 8:58 pm
Property Features for 5229 King Ave W Unit C3
General Information
- Standard status
- Active
- Size
- 1,800 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2014
Listing office Coldwell Banker Commercial CBS (406) 570-8961
Listing date Jun 24, 2026
Source Cbcmontana
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HighLights
- 1,800 SF shop and flex building built in 2014 in a growing commercial area of Billings
- Finished office space with a private restroom
- 16‑ft side walls and a 14‑ft overhead door for large vehicle or equipment access
- Includes a 1,200 SF fenced yard
- Insulated interior walls with durable metal finish, plus interior gas heating
- Community Commercial zoning; includes water supply well, and water/sewer provided by cistern & septic
Overview
Located at 5229 King Ave W, Unit C3 in Billings, the property is positioned in a growing commercial area. The offering is presented as a 1,800-square-foot unit configured for flex-style users who need both functional shop space and an office component.
Zoned for Community Commercial use, this facility is suited for a range of light commercial and light industrial needs that benefit from yard storage, overhead loading, and on-site office space. Buyers looking for a self-sufficient property with dedicated office amenities and dependable building access will find the layout well-matched to day-to-day operations.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.3k | $17.40 |
| − Vacancy | −$5.0k | −$2.78 |
| EGI | $26.3k | $14.62 |
| − OpEx | −$6.6k | −$3.65 |
| NOI | $19.7k | $10.96 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Billings
- County
- Yellowstone
- State
- Montana
- Longitude
- -108.650916
- Latitude
- 45.7555948