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    1400 24Th St Billings, MT 59102

    Sponsored
    For Lease
    $18 SF/Yr ($6,117 /Mo)

    Prime Billings location, 4,078 sq ft.

    Lot size:
    4,078 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4,078-square-foot retail space at 1400 S 24th St W, Billings, MT 59102, presents a unique investment opportunity. Currently configured as a distillery and tasting room, this adaptable space boasts polished concrete floors, modern industrial ceilings, a built-in bar, private restrooms, and a comfortable seating area. The layout offers a perfect blend of customer-facing areas and ample back-of-house space, currently used for distillery operations and storage. This area could easily accommodate a full kitchen expansion. The property's versatility extends beyond its current use

    Property Features for 1400 24Th St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,078 SF
    Total Rate
    6117

    Unit(s) available at that property

    Space
    Size
    4,078 SF
    Rate per SF
    $18

    HighLights

    • 1400 S 24th St W, Ste 7, Billings, MT 59102
    • 4,078 SF of retail space available for lease, suitable for a bar or restaurant.
    • Monthly rent: $7,306.42 plus utilities.
    • Features an open retail area and a separate seating or bar/tasting room area, plus private restrooms.
    • Excellent for food and beverage businesses; includes additional rear space for a kitchen.
    • Annual rent: $18.00/SF + $3.50 NNN.
    Property Profile Location Intelligence

    Current Use by Public Records

    Natural Resources Conservation ... Conservation Department US Rural Development Urban Planning Department Get Air Trampoline ... Amusement Center Trailhead Spirits Distillery T & A Supply Company ... Wholesaler

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Building Supply Wholesale Shop Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.577759
    Latitude
    45.747842

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    FAQs

    What type of property is this?
    Restaurant - Prime Billings location, 4,078 sq ft.
    Where is this restaurant located?
    The property is located at 1400 24Th St Billings, MT.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 1400 S 24th St W, Ste 7, Billings, MT 59102; 4,078 SF of retail space available for lease, suitable for a bar or restaurant.; Monthly rent: $7,306.42 plus utilities.
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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
    1400 24Th St Billings, MT 59102
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