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Property summary
This exceptional Class A office suite, located at 2303 Montana Avenue in Billings, Montana, presents a unique leasing opportunity. Situated in the heart of the Central Business District (CBD), this 715 square foot space is part of an 18,000 square foot, two-story building constructed in 1915. The property sits on a 6,500 square foot lot and features a single-tenant occupancy. The suite is located on the second floor and is conveniently accessible via elevator. Shared ADA-compliant restrooms… are available for tenant use. Benefit from abundant natural light and an open floor plan, offering flexibility for various office configurations. This location on historic Montana Avenue provides excellent visibility and accessibility. The building's zoning designation is CBD-Central Business District, reflecting its prime location within Billings' commercial core. The property's APN is A00832, and it's located in Yellowstone County, Montana, zip code 59101. This space is ideal for startups, small businesses, or growing firms seeking a prestigious and functional office environment in a vibrant downtown setting. The building itself is a single building on the lot.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
2 recorded sales · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 12,000 SF
- Lot area
- 0.15 ac
- Year built
- 1915
- Stories
- 2
- APN
- 03-1033-33-3-05-04-0000
- Zoning
- CBD
- Assessed value · 2023
- $1,491,300
- Annual tax · 2023
- $18,633
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $18,633
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The CBD district is the downtown mixed-use core intended to continue the existing character of the highly walkable downtown commercial corridors with storefronts and residential uses on the ground story and upper story l…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Value Estimation
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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