1515 Central Ave Billings, MT 59102

Property Details for 1515 Central Ave

Year built

1953

Construction

WOOD

Lot size

0.21 lot acres

Property size

3,801 SF

Zone code

CC

Property type

Retail space

APN

03-0927-05-3-01-06-0000

APU

3092705301060000

Description

This exceptional commercial investment opportunity presents two retail suites situated on the highly visible Central Avenue in Billings, Montana. The property encompasses 0.21 acres and offers a compelling blend of immediate income and future growth potential. Suite 1 is currently leased under a dependable 5-year agreement, providing a consistent rental income stream for the investor. This ensures a stable return on investment from day one. Suite 2 is vacant, presenting a unique opportunity to secure a new tenant and further increase the property's profitability. The flexibility of this space allows for a variety of business ventures. Both suites boast the added convenience of attached enclosed garages, a valuable amenity for tenants. The property's prime location is enhanced by a highly visible pole sign, guaranteeing maximum exposure and attracting potential customers. This strategic positioning on Central Avenue ensures high traffic and visibility, making it an ideal location for businesses seeking a strong presence in the Billings market. The combination of a secure, income-producing tenant and a vacant suite ready for immediate development makes this a truly attractive investment opportunity for those seeking both short-term returns and long-term appreciation. The asking price for this prime commercial property is $475,000.

Location Insight

City

Billings

County

Yellowstone

State

Montana

Longitude

-108.555

Latitude

45.77

CBSA code

13740

CBSA name

BILLINGS, MT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments