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Property profile & analytics

2305 Montana Ave Billings, MT 59101

  • Retail space
  • 5,330 SF
  • 0.12 lot acres
For Sale
Last Sale
Dec 28, 2020
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US52-0010158
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Uberbrew / Brewpub / American Restaurant

Property Details for 2305 Montana Ave

Year built
1915
Construction
WOOD
Lot size
0.12 lot acres
Property size
5,330 SF
Zone code
CBD
Property type
Retail space
APN
03-1033-33-3-05-03-0000
APU
3103333305030000

Description

This exceptional 5,330-square-foot brew pub space, located at 2305 Montana Avenue in Billings, Montana's vibrant Central Business District, is available for lease. Previously home to a highly successful brewery and restaurant for over a decade, this fully equipped property boasts a remodeled interior (2012), a full kitchen with a grill hood, and two walk-in coolers (one for kitchen use, one for beer kegs). The space offers the unique option of converting an overhead garage door to create an open-air seating area, enhancing its appeal and capacity. Situated on a 5,350-square-foot lot, the property benefits from its established customer base, surrounded by thriving businesses including the Billings Depot, Cushing Terrell Architects, Old Town Flats Luxury Apartments, and The Pub Station Music Venue. The lease is priced at $8,262 per month plus utilities, with a triple net (NNN) rate of $15 per square foot ($3.60 PSF NNN). All furniture, fixtures, and equipment are available for purchase separately, providing a turnkey opportunity for a new operator. This is a rare chance to establish a thriving business in a prime location with a rich history and built-in clientele. The property is zoned for Central Business District use.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Billings
County
Yellowstone
State
Montana
Longitude
-108.499
Latitude
45.7843
CBSA code
13740
CBSA name
BILLINGS, MT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,909
$0.00
$0.00
$633,000
-
$48,654
$584,346
$633,000
More about this property
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