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Historic Building with Office & Retail
For Lease
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2702 Montana Ave, Billings, MT 59101

Four-story building with office, retail, and residential spaces for rent.

Space Size1,664 SF - 3,204 SF
Property Size5,530 SF
Lot Size0.22 Acres
Days on Market1320

Property Features for 2702 Montana Ave

General Information

Standard status Active
Size 1,664 SF - 3,204 SF
Lot size 0.22 Acres
Property subtype Office
Lease Type NNN

Building Details

Building Size 5,530 SF
Tenancy Multiple

Spaces For Lease

at 2702 Montana Ave Contact us

101

Size
3,204 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

102

Size
1,664 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Coldwell Banker Commercial CBS
Listed By: George Warmer, SIOR, CCIM · License #RRE-BRO-LIC-14174
Source: Crexi
Added: Dec 28, 2022 Changed: Aug 8 Last Checked: Aug 8 at 11:20AM

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 Coldwell Banker Commercial CBS

Investment Insights

Based on property information with market context.

Units 101 & 102 are available in this four-story office and townhouse building situated on a 9,500 square foot tract. The building is fully sprinkled. The first-floor lobby was remodeled in 2007, and the main floor is scheduled for remodeling in 2016. The lower level features an open floor plan suitable for both office and retail uses. Two large staircases lead to this finished space, which includes two ADA restrooms with adjoining locker rooms. Office and storage space are available. Surrounding windows provide natural light. The third and fourth floors comprise seven townhomes. Large windows overlooking Montana Avenue offer exposure and a bright, cheerful space. Wood floors accent this 1928 historic building. Common restrooms are available on the first and second floors. A large elevator provides convenient access to all floors.

Key Highlights

  • Combination office/townhouse building offering diverse usage possibilities (office, retail, residential).
  • Seven attractive townhomes on the upper floors.
  • Large elevator providing convenient access to all floors.

Property Analytics

Current Use

Coal Black Liquids Big Box & Wholesale Store Trailhead Law PLLC Law Firm Billings Injury Lawyer Law Firm Aspenfurn Department Store Oliver Building Tour Operator

Suggested Use

Top Pick Grocery & Convenience Store Storage Facility Nail Salon Florist (Bike/Boat/Book/etc) Store Pet 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
$1.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,667
Businesses Nearby

Demographics for 59101, MT

41,522
Population
18,864
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
91%
High-School Grad
590.8 sq mi
ZIP Area
70
Density / Sq Mi
$58,165
Median Household Income
$36,258
Median Earnings
$930
Median Rent
$243,000
Median Home Value

Market

Lease Benchmarks for Billings, MT

$21.47 /SF/Yr
Avg Asking Price
$3.68–$250 /SF/Yr
Price Range
3,901 SF
Avg Space Size

This space is priced 49% below the average of $21.47 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Four-story building with office, retail, and residential spaces for rent.
Where is this office units located?
The property is located at 2702 Montana Ave Billings, MT.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: Combination office/townhouse building offering diverse usage possibilities (office, retail, residential).; Seven attractive townhomes on the upper floors.; Large elevator providing convenient access to all floors.
(406) 570-8961 Call to check price and availability
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