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Property profile & analytics
OFF-MARKET
Investment properties

344 Grand Ave Billings, MT 59101-5923

1,365 SF 0.16 ac lot Built 1928
Individually Owned 6-yr Hold Free & Clear
Property ID
US52-0009735
Property summary
AI-generated overview

This exceptional investment opportunity presents a 2,357 square foot storefront property located at 344 Grand Ave, Billings, Montana, 59101. The property, situated on a 7,000 square foot lot (APN A18095), consists of two units within a single building, offering a compelling value-add proposition. Originally constructed in 1928 and renovated in 1996, the Class B building boasts a desirable location in the heart of Billings, experiencing high daily traffic counts of 13,096 vehicles. The property is zoned NO-Neighborhood Office, providing flexibility for a variety of commercial uses. With a total asking price of $220,000, the price per square foot is $93.34. This presents a rare chance to acquire a well-located, established retail space with significant potential for future growth and income generation in a thriving Montana market. The property's size and zoning offer considerable versatility for a range of commercial ventures. This is an ideal opportunity for investors seeking a strong return on investment in a dynamic urban setting.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1928
Construction WOOD
Total area 1,365 SF
Lot 0.16 ac (7,013 SF)
Zoning code NC
APN 03-0927-04-1-25-22-0000
UPID US52-0009735
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Zachary A Allred · 6 yrs held
Zachary A Allred
since 2020
6 recorded transactions
2020
Price N/A
2019
Price N/A
2015
Price N/A
2012
Price N/A
1999
Price N/A
1969
Price N/A
Zoning & alternative use
NC · Billings, MT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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