2817 2Nd Ave Billings, MT 59101
This exceptional Class A office condo, encompassing the entire third floor of the Fratt Building at 2817 2nd Ave N, Billings, MT 59101, presents a unique investment opportunity. The 7,750 square foot space is currently 100% occupied under a gross lease with a single tenant. The property features 24 individual offices, providing ample flexibility for various business configurations. Multiple conference and data rooms cater to diverse needs, complemented by a large reception and waiting area, a kitchen, and a lounge. Modern amenities include an elevator and ADA-compliant restrooms. Secure and covered access to an adjacent parking garage ensures convenient parking for occupants and visitors. Boasting stunning city views from its prime downtown Billings location, this property offers exceptional visibility and accessibility, making it an ideal investment for discerning buyers. The asking price is $1,162,500. This is a single-unit, traditional office condo.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.