2712 Minnesota Ave Billings, MT 59101
- Retail space
- 6,460 SF
- 0.23 lot acres
Current Use by Public Records
- Retail space
Property Details for 2712 Minnesota Ave
- Year built
- 1894
- Construction
- WOOD
- Lot size
- 0.23 lot acres
- Property size
- 6,460 SF
- Zone code
- CBD
- Property type
- Retail space
- APN
- 03-0927-03-1-20-07-0000
- APU
- 3092703120070000
Description
This exceptional 12,231 square foot retail property, located at 2712 Minnesota Avenue in Billings, Montana, presents a unique redevelopment opportunity. Built in 1894, this two-story building boasts a rich history, previously housing the Western Bar and Wheel Bar on its main floor. The property sits on a 9,255 square foot lot within the Central Business District, zoned accordingly. The building comprises three addresses: 2710, 2712, and 2714 Minnesota Avenue, totaling 12,231 square feet. The main floor offers 6,460 square feet, while the basement contains 3,250 square feet, and the second floor provides an additional 3,250 square feet, ideal for apartments or office space. Partially completed work towards securing Historic Tax Credits is available, with the potential for a buyer to reapply. Additionally, an optional transfer of approximately $200,000 in value of completed architectural work related to the tax credits is available to the buyer, contingent upon their remodel plans. This property offers significant potential for mixed-use development and represents a compelling investment opportunity in a vibrant downtown location. The asking price is $295,000. The property's APN is 03092703120070000. The building is currently vacant.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Billings
- County
- Yellowstone
- State
- Montana
- Longitude
- -108.503
- Latitude
- 45.7805
- CBSA code
- 13740
- CBSA name
- BILLINGS, MT METROPOLITAN STATISTICAL AREA
