344 Grand Ave Billings, MT 59101-5923
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.
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
NC · 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.