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    OFF-MARKET
    Office buildings

    1601 Lewis Ave, Billings, MT 59102-4126

    36,204 SF 1.44 ac lot Built 1982
    Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US52-0013209
    Property summary
    AI-generated overview

    This exceptional office building, located at 1601 Lewis Ave in Billings, Montana, offers a blend of traditional and executive office spaces. The property, situated on a 1.44-acre lot, comprises a total of 36,348 square feet, with 3,718 square feet currently vacant. Built in 1982, the building features one elevator and is zoned for neighborhood office use (NO). The property is conveniently located in Billings' midtown area, providing easy access to various amenities and businesses. The building offers ample parking, including reserved spaces for tenants and guests. Accessibility is ensured through ADA compliance. Shared restrooms and a single elevator serve the building's tenants. The property benefits from daily cleaning and regular maintenance, ensuring a clean and well-maintained environment. Currently, one available suite offers 1,496 square feet of space. The property's APN is A19576, and it's located in Yellowstone County, Montana, zip code 59102. This is a fantastic opportunity for businesses seeking a well-maintained, conveniently located office space in a thriving Montana city.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1982
    Construction WOOD
    Total area 36,204 SF
    Lot 1.44 ac (62,857 SF)
    Zoning code CC
    APN 03-0927-06-1-24-01-0000
    UPID US52-0013209
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Dr. Elizabeth A Walter Physician
    • Tenika Capouch Physician
    • Susan Frew Counselor Marriage Or Relationship Counselor
    • Rimel & Mrkich Law Firm
    • High Plains Law, P.L.L.C. Law Firm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Hill Crest INC · 8 yrs held
    Hill Crest INC
    since 2018
    7 recorded transactions
    2022
    2018
    2017
    2017
    2015
    1969
    1969
    Zoning & alternative use
    CC · Billings, MT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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