Billings, MT Restaurants for Sale

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Ronan, MT Laurel, MT Stevensville, MT Huntley, MT La Center, WA Shepherd, MT Acton, MT Molt, MT

17 properties

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Updated: Apr 1

Gas Station/Retail Redevelopment Opportunity

523 Hilltop Road, Billings, MT 59105

$2,195,000

6,746 sqft 1.56 AC lot

6,746 SF Gas Station/Retail Building on a 67,947 SF Lot suitable for Gas User or Retail Redevelopment.
Includes a 4,120 SF Owner Operated C Store (2,936 SF Retail + 1,184 SF storage/office).
Features 1,250 SF of Restaurant space.
Includes a 1,376 SF Casino (Owner Operated).
Buyer can continue Cenex fuel contract or Seller to terminate fuel contract.

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This listing looks promising.

Here's a quick look at some key insights for

523 Hilltop Road, Billings, MT 59105

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Est. Cap Rate

3.7%
NOI ÷ price
Est. NOI

$80K
Annual
Price @ 7% Cap

$1.15M
Suggested
Property Type

Convenience Store
Built 1996

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Updated: Jan 8

Coffee Shop Building

50 24th St. W, Billings, MT 59102

$2,890,000

2,048 sqft 0.57 AC lot

2,048‑square‑foot coffee shop building completed in 2024
City Brew occupies the property under a long‑term lease agreement
Brick, cement siding, and wood siding construction
Central air conditioning and natural‑gas forced‑air heating
On‑site parking lot with special‑needs parking

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Beer and Wine License

3113 7th Ave S, Billings, MT 59101

$50,000

License-only offering for adding beer and wine service to a restaurant.

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Freestanding Starbucks with Drive-Thru

425 Henry Chapple Street, Billings, MT 59102

$3,600,000

2,448 sqft

New Starbucks with a drive-thru on a 10-year lease.

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Downtown Billings Office Building

2929 3rd Ave N, Billings, MT 59101

$5,464,910

63 sqft

Five-story office building in downtown Billings, ideal for various businesses.

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Restaurant Building with Apartment

313 N Broadway, Billings, MT 59101

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2,600 sqft

Downtown restaurant property with 2,600 SF restaurant space, full basement with walk-in cooler, patios, apartment, and office space.

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Turnkey Hospitality Property with Liquor License

1744 Grand Ave, Billings, MT 59102

$2,200,000

Excellent-condition bar/restaurant areas with an all-beverage license package and zoning CMU1; includes abundant off-street parking.

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Restaurant Building with FF&E

765 S 20th St W, Billings, MT 59102

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5,484 sqft 1.34 AC lot

Furniture, fixtures, and equipment are included with the restaurant building.

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Turn-Key Cafe and Deli Business

1540 13th St W, Billings, MT 59102

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2,000 sqft

Turn-key cafe and deli operation with a remodeled interior, fully equipped kitchen, and included furniture, fixtures, and equipment.

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Restaurant/Retail Building in Prime Location

2010 Overland Ave, Billings, MT 59102

$1,599,000

High-traffic restaurant/retail building in Billings' active commercial corridor.

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Restaurant and Juice Bar

605 24th St W, Billings, MT 59102

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Restaurant and juice bar offering fresh, fast food, juices, smoothies, and catering, opened in 2013 and rebranded.

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Restaurant and Coffee Shop

3115 10th Ave N, Billings, MT 59101

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Modern space offering pastries, cakes, and locally roasted coffee and espresso for dine-in or takeout.

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Net-Leased Perkins Restaurant

825 N 27th St, Billings, MT 59101

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Net leased Perkins restaurant located in Billings’ medical corridor and downtown.

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Turn-Key Restaurant with Patio

1430 Country Manor Blvd, Billings, MT 59102

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1,664 sqft

Turn-key restaurant space of approximately 1,664 square feet with an added patio and a fully equipped kitchen.

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Sonic Drive-In with Drive-Through

601 Main Street, Billings, MT 59105

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Recently built Sonic drive-in with a drive-through and seven years remaining on the initial term.

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Absolute Net Pizza Hut Property

2612 Belknap Ave, Billings, MT 59101

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Pizza Hut property available for sale with a long-term absolute net lease and zero landlord responsibilities.

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Burger King NNN Restaurant

1438 Grand Ave, Billings, MT 59102

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Absolute NNN sale-leaseback Burger King restaurant offered on a 20-year term.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 17 Active Listings in Billings, MT, we suggest to view alternatives - similar 55 Off-Market properties to explore as potential leads.

Off-Market Properties in Billings, MT

Consider similar Off-Market properties in Billings, MT. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

BAR, TAVERN

1145 Broadwater Ave, Billings, MT 59102-5412

$375,000

Estimated value

3,432 sqft 0.23 AC lot

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BAR, TAVERN

5104 Southgate Dr, Billings, MT 59101-4671

$360,000

Estimated value

3,200 sqft 0.55 AC lot

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RESTAURANT

1417 38th W St, Billings, MT 59102-7572

Value Estimation by Request

6,010 sqft

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DRIVE-THRU RESTAURANT, FAST FOOD

1120 Shiloh Xing Blvd, Billings, MT 59102-7388

$520,000

Estimated value

2,343 sqft 0.63 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

1438 Grand Ave, Billings, MT 59102-3104

$445,000

Estimated value

2,816 sqft 0.63 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

444 Broadwater Ave, Billings, MT 59101-2812

$535,000

Estimated value

1,999 sqft 0.48 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

1419 Main St, Billings, MT 59105-1739

$465,000

Estimated value

2,311 sqft 0.38 AC lot

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Billings, MT Restaurants Market Trends and Statistics

Explore 72 restaurants for sale in Billings, MT, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 23,053 square feet of properties for sale, with an estimated market value of $17,998,910.

Sale prices for restaurant properties in Billings, MT start at $50,000, averaging $2,571,272, and reaching up to $5,464,910 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 145K

Population Growth (5Y) +7.5%

Median Household Income $76,702

College Educated 13.9%

High-Yield Neighborhoods for Investment

Identify Billings submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
59105	$2.2M
59102	$2.5M
59101	$3.1M

Taxes & Financing

Tax Rate (average for all types) 1.09%

Property Tax per SF $15.06 per SF

Tax Rate vs County Average 0.01 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Yellowstone County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Billings fall within the 100,000+ square foot range.

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