Property profile

1223 Grand Ave Billings, MT 59102

OFF-MARKET
Turn key restaurants
Property ID
US52-0015997
7,462 SF 1.26 ac lot Built 2005
Entity Owned 20-yr Hold
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Property summary

AI-generated overview

The property is a commercial building in Billings, Montana, located on Grand Avenue with street frontage and visibility from a high-traffic corridor. It is configured to support food and beverage operations and includes a restaurant, bar, and casino. The building contains approximately 7,462 square feet and sits on a 1.256-acre lot (about 54,726 square feet). The interior includes a large kitchen equipped with walk-in coolers and a freezer, and the site provides abundant parking. The offering also includes a Montana All Beverage and Gaming License and FF&E.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2005
Construction WOOD
Total area 7,462 SF
Lot 1.26 ac (54,711 SF)
Zoning code CC
APN 03-1033-31-3-01-01-0000
UPID US52-0015997

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1223 Grand Ave Billings, MT 59102-4231
Billings metro Census 500 BILLINGS, MT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2005
7 recorded transactions
2020
Price N/A
2020
Price N/A
2005
Price N/A
2005
Price N/A
2000
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CC · Billings, MT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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