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Property profile & analytics
OFF-MARKET
Office Spaces

2817 2Nd Ave Billings, MT 59101

7,750 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Total area 7,750 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Lisa M. Meyer, LCPC Counselor
  • Janna Wittenberg Guardianship and Conservatorship Attorney Law Firm
  • Christian Science Reading Room (Bike/Boat/Book/etc) Store Religious Bookstore
  • Space Planning For People Architect
  • Kim Coleman Waldmann, MS, CRC Counselor Mental Health Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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