1812 Monad Rd, Billings, MT 59102-5768

Exceptional investment opportunity in Billings, Montana! This mixed-use property at 1812 Monad Rd features two buildings totaling 6,136 square feet on a 0.83-acre lot. The property is zoned I1-Light Industrial and boasts a strong rental history, currently 100% occupied with a lease generating $3,300 per month plus utilities. The asking price is $1,200,000, translating to $195.57 per square foot. Built in 1976 and extensively renovated in 2017, the property includes a 2,386 square foot office building with five private offices, a reception area, kitchenette, and two bathrooms. The 3,750 square foot warehouse features modern amenities such as LED lighting, gas forced heat, three-phase power, a 14-foot overhead door, and 16-foot sidewall height. Ample parking and storage are provided in the asphalt yard. This NNN-leased, multi-tenant property presents a compelling investment opportunity with significant upside potential. The property is located in Yellowstone County, Montana, zip code 59102. This is a turnkey operation ideal for a passive income investor seeking a stable, high-occupancy asset in a growing market.