108 11th W St Billings, MT 59102-5847
This single-story, 2,820 square foot office building at 108 11th St W in Billings, Montana, is available for $225,000. Built in 1955 and renovated in 2006, this Class C property sits on two lots totaling 13,250 square feet. Lot 1 offers 6,000 square feet of fenced and paved space, while Lot 2 encompasses 7,250 square feet of paved area, including the building itself. The property is currently vacant and zoned NMU (Neighborhood Mixed-Use), offering diverse redevelopment possibilities. The existing interior features a kitchen, two non-ADA compliant restrooms, a sizable meeting room, and two individual offices. While some updating is needed, this presents a unique opportunity to customize the space to suit various needs. The property's location directly across the street from Washington Elementary School makes it particularly suitable for businesses serving families or children. The asking price is $79.79 per square foot, reflecting a strong value proposition for investors seeking a flexible commercial space in a desirable Billings location. The APN is A13810B, A13810C. The lease type is NNN and the tenancy is single.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
NC · Billings, MTBillings. Always verify with local authorities before improvements.
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.