2290 King Ave West Billings, MT 59102
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.
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Costco Wireless Telecommunications Service
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Kyle L. Hibbert, OD Physician
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LibertyX Bitcoin ATM Atm
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Costco Tire Center (Bike/Boat/Book/etc) Store Auto Parts Store
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Kurt Brockhausen Pharmacy
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
HC · Billings, MTBillings. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.