Free Standing Retail
644 Broadwater Avenue, Billings, MT 59102
SINGLE_FAMILY - Billings, MT
Type:Retail
Property size:
3,120 SFLot size:
0.24 AcresPrice / SF:
$163/SF- Added:
- Apr 16, 2026
- Days on Market:
- 30
- Last Refresh:
- May 15 at 12:06 am
Property Features for 644 Broadwater Avenue
General Information
- Property type
- Residential
- Property subtype
- Retail
- Parking
- 14
- Parking features
- On Street
- Standard status
- Active
- APN
- A18889
- Size
- 3,120 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Description
- Lots 24, 25 & 26 Block 3 Yellowstone Addition, S04, T01S, R26E
- Tax Annual Amount
- 3880
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1994
- Floors in Building
- 2
- Building materials
- Frame, WoodSiding
- Roof type
- Composition
Listing agent Thomas Romine License #RRE-BRO-LIC-3485 (406) 671-7444
Listing office Romine Real Estate 1128 N 32nd, BILLINGS, MT (406) 671-7444
Listing date Apr 16, 2026
MLS# 357159
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.
HighLights
- Solid investment property offering a 7.6% cash‑on‑cash return at full price.
- Long‑term tenant in place until 1/31/2027, providing immediate income.
- Free‑standing brick‑faced building on a corner lot, suitable for retail, office, or medical use.
- High traffic count (16,070 in 2023) one block east, offering excellent visibility.
- Interior remodeled in 2010, with showroom/retail space, offices, bathrooms, breakroom, and secure storage.
- Re‑roofed in 2022, minimizing near‑term maintenance concerns.
Overview
This Midtown free standing retail building presents a solid investment opportunity or an excellent retail location for an owner/user, offering flexibility for multiple uses including retail, office, and medical. The brick-faced building is located on the corner of Broadwater and 7th St W. The interior was remodeled in 2010. The layout includes a showroom/retail area in the front, with offices, two bathrooms, a breakroom, and secure storage in the back. A 720 sq ft basement provides additional storage and houses the mechanical room. The building had a new roof installed in 2022. The property is currently occupied by a long-term tenant with a lease expiring on 1/31/27. The current rent is $3800 per month, equating to $45,600 annually. After deducting taxes and insurance of $6889, the net income is $38711, representing a 7.6% cash-on-cash return at full price. The monthly rent is scheduled to increase by 3% in 2027. The latest traffic count from 2023, one block east, is 16,070. The property is situated on a 0.241-acre lot and has a property size of 3120 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
AT&T Store
Mobile Phone Store
Similar Places Nearby
- Albertsons Floral — 2334 Central Ave Albertsons, Billings, MT 59102
- Albertsons Floral — 3137 Grand Ave, Billings, MT 59102
Location Insight
- Map
- Local Demand
- City
- Billings
- County
- Yellowstone
- State
- Montana
- Longitude
- -108.532879
- Latitude
- 45.776996
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Midtown retail building suitable for retail, office, or medical use.
Where is this storefront property located?
The property is located at 644 Broadwater Avenue Billings, MT.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Solid investment property offering a 7.6% cash‑on‑cash return at full price.; Long‑term tenant in place until 1/31/2027, providing immediate income.; Free‑standing brick‑faced building on a corner lot, suitable for retail, office, or medical use.
