1503 Grand Ave, Billings, MT 59102

This exceptional retail investment opportunity is located at 1503 Grand Ave, Billings, MT 59102. The property features a 2,749 square foot building on a 13,783 square foot lot, currently vacant. Built in 1981 and renovated in 2004, the structure is zoned CMU2-Corridor Mixed Use 2 and offers excellent frontage on Grand Avenue at a highly visible, lit intersection. The property boasts a high daily traffic count, with Grand Avenue registering 22,750 vehicles and 15th Street West showing 8,732. Previously used as a gas station, all underground tanks have been removed, and DEQ approval for closure is pending. A valuable billboard lease accompanies the property. The asking price is $750,000, translating to $272.83 per square foot. This is a single-tenancy, NNN lease property. This prime location presents a unique chance to acquire a well-situated retail pad in a thriving Billings market. The property's size and visibility make it ideal for a variety of retail uses. The inclusion of a billboard lease adds significant potential for supplemental income.