1443 Coulson Rd Billings, MT 59101-7401

Property Details for 1443 Coulson Rd

Year built

1983

Construction

WOOD

Lot size

4.74 lot acres

Property size

13,692 SF

Zone code

HI

Property type

Auto shops

APN

03-1034-19-1-01-12-0000

APU

3103419101120000

Description

This Billings, Montana industrial property offers a compelling investment opportunity with a 9.60% cap rate. The 14,788 square foot facility, situated on a 4.736-acre lot, consists of two structures: a 13,688 square foot main warehouse/office space built in 1983, featuring multiple overhead doors and three paint booths, and a 1,100 square foot cold storage addition constructed in 1999. Both structures are pre-engineered steel. The property boasts ample off-street parking and yard space, with excellent ingress and egress. Located at 1443 Coulson Rd, Billings, MT 59101, it benefits from high visibility and convenient access to the Johnson Lane I-90 Interchange. The property is zoned I2-Heavy Industrial and features a septic system and well. The asking price is $1,500,000 ($101.43 per square foot), with an initial annual net lease income of $144,000. The single tenant, Duck's Painting Shop, is a well-established business serving a regional market. This is a rare opportunity to acquire a high-performing industrial property in a growing Montana market. The property's APN is C11084.