406 Grand Ave Billings, MT 59101-5925
Property profile & analytics
406 Grand Ave Billings, MT 59101-5925
- Retail space
- 768 SF
- 0.16 lot acres
Property ID
US52-0952226
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.
Location Intelligence
Current Use by Public Records
- Q’s Barbershop / Barber Shop
Property Details for 406 Grand Ave
- Year built
- 1939
- Construction
- WOOD
- Lot size
- 0.16 lot acres
- Property size
- 768 SF
- Zone code
- NC
- Property type
- Retail space
- APN
- 03-0927-04-2-28-16-0000
- APU
- 3092704228160000
Description
This exceptional commercial property, located at 406 Grand Ave in Billings, Montana, presents a compelling investment opportunity. The 1,280 square foot building, constructed in 1929 and extensively renovated in 2011, sits on a 7,000 square foot lot. Currently configured as a barber shop and a studio apartment, both are fully leased, generating a combined monthly rental income of $2,400. The barber shop lease is month-to-month, offering flexibility for future use. The property is zoned NMU (Neighborhood Mixed-Use), allowing for a variety of commercial uses, including but not limited to salons, esthetician services, or tattoo shops. This versatile property is ideal for owner-occupants seeking a profitable business venture with additional rental income or for investors looking for a strong return on investment in a thriving Montana market. The property's prime location in Billings, Montana, zip code 59101, ensures high visibility and accessibility. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable location. The asking price is $310,000. The property features two tenants and is classified as Class A commercial real estate. This is a multi-tenant property with a modified lease type.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Billings
- County
- Yellowstone
- State
- Montana
- Longitude
- -108.526
- Latitude
- 45.7838
- 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
$2,926
$0.00
$0.00
$234,200
-
$48,843
$185,357
$234,200
