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    2223 Montana Ave Billings, MT 59101

    • Retail space
    • 16,050 SF
    • 0.22 lot acres
    For Lease
    View listing
    $18 SF/Yr
    Value Estimation
    Last Sale
    May 29, 2024
    Location Intelligence
    Property ID
    US52-0003625
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Asylum Distillery / Distillery
    • Stahly Engineering & Associates / Engineering Consultant
    • Diamond Construction, Inc. / General Contractor / Construction Company
    • TCA Group, Inc. / Bridge
    • Montana Attorney Closings, LLC / Title Company

    Property Details for 2223 Montana Ave

    Year built
    1928
    Construction
    WOOD
    Lot size
    0.22 lot acres
    Property size
    16,050 SF
    Zone code
    CBD
    Property type
    Retail space
    APN
    03-1033-33-3-10-01-0000
    APU
    3103333310010000

    Description

    This exceptional 1,750-square-foot retail space at 2223 Montana Ave, Suite 104, in Billings, Montana, presents a unique blend of historic charm and modern functionality. Located in Yellowstone County, this single-tenant property boasts meticulously preserved architectural details, seamlessly integrated with contemporary industrial finishes. The recent renovations have flawlessly enhanced the building's vintage character while adding high-end industrial elements, creating a sophisticated and inviting atmosphere. Its prime downtown Billings location offers unparalleled access to a vibrant array of amenities, including diverse dining options, shopping, entertainment venues, and breweries, ensuring high visibility and foot traffic. The property's strategic position within the city center provides significant advantages for businesses seeking a prominent presence in a thriving commercial district. This space is ideal for a variety of businesses seeking a unique and well-appointed location in the heart of Billings. The property's history and modern upgrades combine to create a truly exceptional commercial opportunity. The building's address is 2223 Montana Ave, Suite 104, Billings, MT 59101. This single-suite property offers a total of 1,750 square feet of retail space.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.499
    Latitude
    45.7846
    CBSA code
    13740
    CBSA name
    BILLINGS, MT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $20,180
    $0.00
    $0.00
    $1,615,100
    -
    $88,138
    $1,526,962
    $1,615,100

    Comparable in this City

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    • Value Estimation by Request
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      2817 Montana Ave

      RETAIL STORES (PERSONAL SERVICES) • 14,244 SF
      2817 Montana Ave, Billings, MT 59101-2306
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    • Value Estimation by Request
      240 SF

      1310 Us Hwy 87th E

      RETAIL STORES (PERSONAL SERVICES) • 240 SF
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    2223 Montana Ave
    Billings, MT 59101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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