5214 Laurel Rd Billings, MT 59101-4613

Property Details for 5214 Laurel Rd

Year built

1950

Construction

WOOD

Lot size

0.34 lot acres

Property size

5,292 SF

Zone code

CC

Property type

Office buildings

APN

03-0927-08-3-10-20-0000

APU

3092708310200000

Description

This exceptional investment opportunity presents a 5,292 square foot, single-tenant, vacant office building located at 5214 Laurel Rd, Billings, Montana, 59101. The property, built in 1950 and renovated in 2006, is a Class B building situated on a 14,820 square foot lot (APN: A14929) and zoned CMU2-Corridor Mixed Use 2. The asking price is $699,000, translating to $132.09 per square foot. Significant recent improvements enhance security and efficiency. These include a newly installed 45-foot Rohn RSL Tower (engineered drawings available), a 6-foot chain link fence, and seven 7-foot steel bollards protecting the tower and building. Interior upgrades completed in 2023 encompass repainting, LED lighting conversion, and replacement of fire exits and emergency lighting. HVAC units were refurbished in 2022. A robust security system features Avigilon Alta (Openpath) access control on all exterior doors and comprehensive interior and exterior camera coverage. This property offers a strong foundation for a variety of office uses and benefits from its convenient location with excellent access to downtown Billings, West Billings, and Interstate 90. The lease type is NNN.