1 Broadway Billings, MT 59101
This exceptional 1,435-square-foot office space, located at 1 South Broadway, Suite 101 in Billings, Montana, presents a fantastic opportunity for businesses seeking a prime downtown location. The space is classified as Class B and is part of a two-story building with a traditional office subtype. Currently vacant, this unit is readily available and features radiant floor heat and water included in the monthly rent of $1,250. Electric is the tenant's responsibility. The space could be subdivided into two smaller units, renting for $550 and $850 per month respectively. Two bathrooms are available for commercial tenants. The building offers convenient amenities including janitorial service for common areas and ample street parking (4-hour limit). A nearby large parking lot lease may also be available separately. The property is zoned CBD and shares the building with a mapping company. Six apartment lofts are located upstairs and are available for lease separately as vacancies occur. The property's website is www.1SouthBroadway.com. This is a multiple tenancy building.
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
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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.