For Sale
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Property summary
Exceptional investment opportunity: a 141,636 square foot former Costco Wholesale building in Billings, Montana, is available for $11,500,000. This vacant, single-story, free-standing building sits on an 11.59-acre lot with 541 surface parking spaces. Built in 1991 and renovated in 2008, the property boasts a prime location at the intersection of King Avenue West and 24th Street West, offering excellent visibility and accessibility. The building faces King Avenue West, which sees 30,075 average daily traffic, and backs onto Grant Road. The property is zoned CMU2-Corridor Mixed Use 2, allowing for diverse redevelopment possibilities. Its location in Billings, Montana's largest city, provides access to a substantial regional market, including the state's largest hospital and major distribution centers. The property includes full signal access directly in front of the building on King Avenue West. Legal description: Lot 1-A-1-A of Amended Lot 1-A, Hogan Homestead Sub. This is a rare chance to acquire a large, well-maintained retail space with significant potential in a thriving Montana market.
Property profile
VerifiedCap rate & NOI
Current use
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Telecommunications Service
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Physician
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Atm
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(Bike/Boat/Book/etc) Store Auto Parts Store
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Pharmacy
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
HC · Billings, MTZoning
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Zoning designation
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The district profile from the municipal source: what is on file for HC in Billings, MT.
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