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    2223 Montana Ave Billings, MT 59101

    Sponsored
    For Lease
    $18 SF/Yr ($2,646 /Mo)

    Downtown Billings Retail Opportunity

    Lot size:
    1,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,750-square-foot retail space at 2223 Montana Ave, Suite 104, in Billings, Montana, presents a unique blend of historic charm and modern functionality. Located in Yellowstone County, this single-tenant property boasts meticulously preserved architectural details, seamlessly integrated with contemporary industrial finishes. The recent renovations have flawlessly enhanced the building's vintage character while adding high-end industrial elements, creating a sophisticated and inviting atmosphere. Its prime downtown Billings location offers unparalleled access to a vibrant array of amenities, including diverse dining options, shopping, entertainment venues, and breweries, ensuring high visibility and foot traffic. The property's strategic position within the city center provides significant advantages for businesses seeking a prominent presence in a thriving commercial district. This space is ideal for a variety of businesses seeking a unique and well-appointed location in the heart of Billings. The property's history and modern upgrades combine to create a truly exceptional commercial opportunity. The building's address is 2223 Montana Ave, Suite 104, Billings, MT 59101. This single-suite property offers a total of 1,750 square feet of retail space.

    Property Features for 2223 Montana Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,750 SF
    Total Rate
    2646.87

    Unit(s) available at that property

    Space
    Size
    1,750 SF
    Rate per SF
    $18

    HighLights

    • 1,750 SF of space available for lease.
    • $2,647/month lease rate, utilities included.
    • Suitable for food and beverage businesses; previously a poke restaurant.
    • Features painted wood floors, subway tile accents, and cool‑toned paint.
    • Includes multiple dining areas, coolers, and a small kitchen (no hood).
    • Located in a desirable downtown historic building with high‑end industrial finishes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Asylum Distillery Distillery Stahly Engineering & Associates Engineering Consultant Diamond Construction, Inc. General Contractor TCA Group, Inc. Bridge Montana Attorney Closings, ... Title Company

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Law Firm Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.3942141
    Latitude
    45.5576428

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    FAQs

    What type of property is this?
    Land - Downtown Billings Retail Opportunity
    Where is this land located?
    The property is located at 2223 Montana Ave Billings, MT.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 1,750 SF of space available for lease.; $2,647/month lease rate, utilities included.; Suitable for food and beverage businesses; previously a poke restaurant.
    Request Owner's contact information
    2223 Montana Ave Billings, MT 59101
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    Billings, MT 59101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2223 Montana Ave Billings, MT 59101
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