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    Billings, MT

    Billings, MT Commercial Real Estate for Sale

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    Commercial Condo with Office Suite
    Updated: Jun 17
    Commercial Condo with Office Suite

    1540 Lake Elmo Drive, Billings, MT 59105

    $400,000
    1,980 sqft
    Commercial condo built in 2000 with a flexible layout for a variety of business uses
    Currently configured with 7 private office spaces plus a receptionist area
    Includes 2 bathrooms and a full kitchen/break room
    Utilities include public water and public sewer
    Forced‑air natural gas heating with central air conditioning
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    This listing looks promising.

    Here's a quick look at some key insights for

    1540 Lake Elmo Drive, Billings, MT 59105

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    • Est. Cap Rate

      5.4%
      NOI ÷ price

    • Est. NOI

      $22K
      Annual

    • Price @ 7% Cap

      $310K
      Suggested

    • Property Type

      Office Building
      Built 1998
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    Billings Grow Facility with Shop
    Updated: May 12
    Billings Grow Facility with Shop

    6 89th Street S, Billings, MT 59106

    $779,900
    4,125 sqft · 1.45 AC lot
    2017‑built commercial grow facility set up for cultivation, manufacturing, and an environmental controlled curing room
    1.5‑acre lot with extra paved parking/storage; convenient access off Lipp Rd & 89th St W
    3‑phase installed with 2 cisterns, including water disposal/RO system and 4 holding tanks
    Includes full plumbing and a private bathroom in the building, plus an office
    Three growing rooms, plus separate mother room; also includes packaging and processing rooms
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    Mixed-Use Property in Billings, MT
    Mixed-Use Property in Billings, MT

    1315 6th Ave. N, Billings, MT 59101

    $575,000
    6,811 sqft · 0.34 AC lot

    Versatile mixed-use property with high traffic exposure in Billings.

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    Westend Industrial Condo/Flex Space
    Westend Industrial Condo/Flex Space

    2697 Enterprise Avenue, Billings, MT 59102

    $390,000
    2,929 sqft · 0.07 AC lot

    Versatile industrial condo/flex space in prime Westend location.

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    Award-Winning Billings Event Venue
    Award-Winning Billings Event Venue

    720 Washington St, Billings, MT 59101

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

    Montana lifestyle opportunity: event venue, gardens, homes, and income.

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    West End Billings Business Opportunity
    West End Billings Business Opportunity

    3320 Ravalli Pl, Billings, MT 59102

    $500,000
    5,144 sqft · 0.21 AC lot

    Turn-key sober living home or duplex opportunity in Billings' West End.

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    Retail and Warehouse Building with Overhead Doors
    Retail and Warehouse Building with Overhead Doors

    3407 Montana Avenue, Billings, MT 59101

    $355,000
    5,879 sqft · 0.15 AC lot

    Flexible retail-forward layout connects to rear warehouse and storage, with overhead doors for convenient access.

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    Billings Multifamily Sober Living Home
    Billings Multifamily Sober Living Home

    3320 Ravalli Pl, Billings, MT 59102

    $500,000
    5,144 sqft · 0.21 AC lot

    Turn-key sober living home in Billings' West End.

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    Commercial Development Lot
    Commercial Development Lot

    Cowgirl Way lot: 3, Billings, MT 59106

    $175,000
    1.48 AC lot

    A commercial-use lot with electric at the edge and believed septic tie-ins, ready for flexible development planning.

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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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    Commercial Land with I-90 Access
    Commercial Land with I-90 Access

    9668 Frontage rd S, Billings, MT 59106

    $795,000
    7.96 AC lot

    Nearly eight acres with road exposure, I-90 access, and two drilled wells for flexible commercial development.

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    Commercial Development Land Lot
    Commercial Development Land Lot

    Cowgirl Way lot: 3, Billings, MT 59106

    $175,000
    1.48 AC lot

    Commercial lot with utility access, simple topography, and CCRs requiring commercial use.

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    Corner Lot Retail Flex Building
    Corner Lot Retail Flex Building

    906 Broadwater Avenue, Billings, MT 59101

    $1,699,000
    24,456 sqft · 0.62 AC lot

    Corner lot retail flex space with offices, storage/warehouse, an overhead door, and added parking lot.

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    Heated Flex Shop with Loft
    Heated Flex Shop with Loft

    125 S 80th St W #11B, Billings, MT 59106

    $123,000
    1,392 sqft

    Move-in ready heated shop with epoxy floors and a built-in loft for storage or office/project use.

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    Light Industrial Flex Shop
    Light Industrial Flex Shop

    4380 Us Highway 312, Billings, MT 59105

    Contact for pricing
    1,900 sqft · 4.00 AC lot

    Secure fenced shop with an office, two restrooms, and heating and cooling for commercial, light industrial, or storage use.

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    Mixed-Use Development Land Parcel
    Mixed-Use Development Land Parcel

    Piccolo Lane lot: 2, Billings, MT 59101

    $649,900
    5.42 AC lot

    Vacant mixed-use parcel in Lockwood with corridor zoning and convenient access for varied development concepts.

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    Retail-Office Building with Elevator
    Retail-Office Building with Elevator

    15 N 26th, Billings, MT 59101

    $750,000
    0.08 AC lot

    Mixed-use building in downtown Billings with ground-floor restaurant space and elevator-served office floors.

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    Mixed-Use Development Opportunity in Billings
    Mixed-Use Development Opportunity in Billings

    100 W Wicks, Billings, MT 59105

    $1,900,000
    6,156 sqft · 2.44 AC lot

    Prime commercial property with development potential in a growing area.

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    Billings Flex Warehouse Investment
    Billings Flex Warehouse Investment

    6508-6512 Wagon Trail, Billings, MT 59106

    $2,300,000
    16,800 sqft · 1.00 AC lot

    Two flex warehouse buildings in Billings, MT, for sale.

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    7.546 Acres in Billings, MT
    7.546 Acres in Billings, MT

    5197 Montana City Dr (Lot 2), Billings, MT 59101

    $234,500
    7.55 AC lot

    Large lot with views, suitable for residential or commercial use.

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    Turnkey Car Wash Investment Opportunity
    Turnkey Car Wash Investment Opportunity

    1610 Gleneagles Boulevard |, Billings, MT 59105

    $850,000
    2,503 sqft · 0.45 AC lot

    Well-maintained car wash with self and automatic bays.

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    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    Block 1 Lot 5 Hawk Creek Ave lot: 5, Billings, MT 59106

    $1,630,000
    2.16 AC lot

    2.2 acre commercial lot in a high-traffic Billings location.

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

    523 Hilltop Road, Billings, MT 59105

    $2,495,000
    6,746 sqft · 1.56 AC lot

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

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    Retail Center with Redevelopment Potential
    Retail Center with Redevelopment Potential

    1238 Central Ave, Billings, MT 59101

    $850,000
    12,000 sqft · 0.76 AC lot

    Retail center for sale with redevelopment and modernization opportunities.

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    Billings, MT Commercial Real Estate Market Trends and Statistics

    Explore 409 commercial real estate for sale in Billings, MT, showcased through 409 active listings on our real estate platform. These investment opportunities span a total of 3,173,521 square feet of properties for sale, with an estimated market value of $227,450,078.

    Sale prices for business properties in Billings, MT start at $56,664, averaging $1,568,621, 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 $375.6K
    59105 $703.5K
    59101 $1.4M
    59102 $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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Yellowstone County

    Residential Income

    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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