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    FOR LEASE
    Office buildings

    2220 Grant Rd, Billings, MT 59102

    24,200 SF 1.51 ac lot Built 1986
    Individually Owned 13-yr Hold Absentee Owner
    Property ID
    US52-0048586
    Property summary
    AI-generated overview

    This exceptional two-story, 25,825-square-foot executive office building is situated on a 1.52-acre lot at 2220 Grant Rd, Billings, MT 59102, near King Ave. Built in 1986 and renovated in 2000, this Class B property boasts a main level of 13,000 square feet (currently fully leased and remodeled in 2022, including three sets of bathrooms, one with showers), and a second floor of 11,200 square feet available December 2023. A newly installed elevator (2023) and additional bathrooms serve the second floor. The building also includes 1,625 square feet of secure basement storage. Ample parking is provided with approximately 80 spaces. The property is zoned CMU2 and enjoys a highly convenient location in Billings West End, offering easy access to I-90 and proximity to numerous restaurants, shops, and banks. Property taxes are $1.44 per square foot. The landlord is open to single or multiple tenants. This presents a unique opportunity to lease a premier office building in a thriving business district.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1986
    Total area 24,200 SF
    Lot 1.51 ac (65,993 SF)
    Zoning code HC
    APN 03-0927-18-2-06-08-0000
    UPID US52-0048586
    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
    • Rim Advertising Marketing & Advertising Advertising Agency
    • Ulteig Engineering Consultant Civil Engineering Company
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Owner & transaction history
    Christopher Morton · 13 yrs held
    Christopher Morton
    since 2013
    7 recorded transactions
    2020
    2017
    2013
    2012
    2006
    1998
    1969
    Zoning & alternative use
    HC · Billings, MT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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