3302 4th N Ave Billings, MT 59101-1214

Property Details for 3302 4th N Ave

Year built

1954

Construction

WOOD

Lot size

0.32 lot acres

Property size

13,212 SF

Zone code

CC

Property type

Office buildings

APN

03-0927-03-2-18-06-0000

APU

3092703218060000

Description

This exceptional investment opportunity encompasses a thriving cannabis cultivation business and its accompanying real estate. Located in Billings, Montana, at 3302 4th Ave N, this property boasts two buildings totaling 8,200 square feet situated on a generous 6.907-acre lot. Constructed in 2012 and renovated in 2020, the property is zoned outside city limits and features a robust 800-amp electrical service with integrated timers, ideal for cultivation operations. The sale includes extensive equipment, currently operating under a Tier 5 license. The asking price for the entire package, including the business and real estate, is $2,995,000, representing a price per square foot of $365.24 and a price per unit of $1,497,500 (two units total). Seller financing may be available to qualified buyers, subject to terms. Additionally, a lease option is available for qualified tenants at $25,000 NNN. The Tier 5 Cannabis Cultivation License is also available for purchase separately to a qualified buyer for $995,000. This is a rare chance to acquire a fully operational, established cannabis cultivation business with significant growth potential. The property's size, infrastructure, and existing license make it an attractive investment for experienced entrepreneurs in the cannabis industry.