1108 Broadwater Ave Billings, MT 59102

This exceptional 7,492 square foot Class A retail center in Billings, Montana, presents a compelling investment opportunity. Located at 1108-1116 Broadwater Ave, this completely renovated property boasts a modern design and ADA accessibility. The building underwent a comprehensive renovation, including new HVAC units, upgraded electrical service (with 3-phase power), new sewer lines, updated plumbing, a new TPO roof, and modern siding. All five units were renovated down to the studs, offering a build-to-suit approach for each tenant. Currently, four tenants occupy the space, with one 2,714 square foot unit available for lease. The property sits on a 28,000 square foot lot and is zoned CMU1-Corridor Mixed Use 1. Triple net leases are in place, making this a low-maintenance investment. The current cap rate is 7.5%, with potential to reach 8% upon leasing the vacant unit. This property is ideal for owner-occupancy or a 1031 exchange, offering a strong return on investment. Financial details are available upon request. This is a rare opportunity to acquire a high-quality, recently renovated retail center in a desirable Billings location.