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    OFF-MARKET
    Automotive properties

    2046 Grand Ave, Billings, MT 59102-2615

    7,072 SF 0.3 ac lot Built 1971
    Individually Owned 22-yr Hold
    Property ID
    US52-0050349
    Property summary
    AI-generated overview

    This exceptional opportunity presents the sale of Dana Motors, a well-established (54 years) automotive business and its accompanying real estate in Billings, Montana. The property boasts two buildings totaling 7,520 square feet situated on a 1.53-acre lot (66,732 sq ft) in a prime midtown location. The property enjoys excellent street frontage and high traffic counts exceeding 18,000 ADT. The buildings were constructed in 1988 and are zoned CMU1-Corridor Mixed Use 1. This is a turnkey operation with 100% occupancy under a NNN lease. The asking price is $2,650,000, translating to $352.39 per square foot. This sale includes both the thriving business and the valuable real estate, offering a unique investment opportunity for a buyer seeking a well-established enterprise with significant growth potential in a desirable location. The business has a strong reputation for customer service and quality, making it a highly attractive acquisition. The property's size and zoning provide flexibility for future expansion or adaptation. This is a rare chance to acquire a long-standing, successful business with substantial real estate assets in a thriving Montana market.

    Property profile
    Verified
    Property type Automotive properties
    Use group VEHICLE SALES, RENTALS
    Year built 1971
    Construction WOOD
    Total area 7,072 SF
    Lot 0.3 ac (12,937 SF)
    Zoning code CC
    APN 03-0927-06-2-14-29-0000
    UPID US52-0050349
    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
    • montana wheels for you Car Dealership
    • Dana Motors Car Dealership
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Ingibjorg Larsen · 22 yrs held
    Ingibjorg Larsen
    since 2004
    3 recorded transactions
    2022
    2017
    2004
    Zoning & alternative use
    CC · Billings, MT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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