1420 Minnesota Ave Billings, MT 59101-2639
This exceptional industrial property, located at 1420 Minnesota Ave in Billings, Montana, offers 17,406 square feet of versatile warehouse space, perfect for a variety of businesses. The building, constructed in 1971 and extensively renovated in 2023, boasts a Class B rating and sits on a generous 3.12-acre lot. The property features two stories, two dock-high doors, and one loading dock, providing efficient loading and unloading capabilities. Zoned I2-Heavy Industrial, this space is ideal for distribution, manufacturing, or flex operations. The minimum divisible space is 17,406 square feet, with a maximum contiguous space of the same size. The entire building totals 28,265 square feet and is comprised of two suites. The property benefits from a 265-foot frontage on Minnesota Avenue, ensuring high visibility and accessibility. While elevators are not present, the building's design and layout are well-suited for efficient material handling. Note that this property has an exclusion for seed/agriculture businesses. The property is also available for purchase for $4,000,000. Located in Yellowstone County, Montana, with a zip code of 59101, this property presents a significant opportunity for businesses seeking a strategic location in a thriving community. The property's ample space, convenient features, and prime location make it an attractive option for businesses seeking to establish or expand their operations in Billings.
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
HI IN CITY · Billings, MTBillings. Always verify with local authorities before improvements.
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.