1223 Grand Ave Billings, MT 59102
- Turn key restaurants
- 7,462 SF
- 1.26 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 1223 Grand Ave
- Year built
- 2005
- Construction
- WOOD
- Lot size
- 1.26 lot acres
- Property size
- 7,462 SF
- Zone code
- CC
- Property type
- Turn key restaurants
- APN
- 03-1033-31-3-01-01-0000
- APU
- 3103331301010000
Description
This exceptional 7,462 square foot mixed-use property, located at 1223 Grand Ave in Billings, Montana, presents a unique investment opportunity. The property, built in 2005, encompasses a fully licensed casino and restaurant, operating under a single tenancy. Situated on a substantial 1.256-acre lot (54,658 sq ft), the building boasts excellent visibility and frontage on one of Billings' busiest streets, experiencing an average daily traffic count of 22,630 vehicles. The sale includes the real estate, a Montana All Beverage and Gaming License, and fixtures, furniture, and equipment (FF&E). The property features a spacious layout, including an extra-large kitchen equipped with ample walk-in coolers, freezers, and storage. Abundant parking is available for patrons. The property is currently vacant, offering a blank canvas for a new operator to capitalize on the prime location and existing licenses. Zoned CMU1-Corridor Mixed Use 1, this property offers significant potential for a variety of hospitality uses. The asking price is $2,800,000, translating to $375.23 per square foot. The APN is A10058. This is a rare chance to acquire a turn-key, high-traffic, mixed-use establishment in a thriving Montana market.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Billings
- County
- Yellowstone
- State
- Montana
- Longitude
- -108.547
- Latitude
- 45.7847
- CBSA code
- 13740
- CBSA name
- BILLINGS, MT METROPOLITAN STATISTICAL AREA
