2929 3rd Ave N
63,062 SF 5 Story Office Building
Marketing description
- 2929 3rd Ave N, Billings, MT 59101
- Former Rocky Mountain Bank Building for Sale
- For Sale $5,900,000
- 63,062 SF, 5 Story Office Building
- 42,000 SF Lot – ½ Block Downtown Billings
- 3 Lane Drive Through Lane Ideal for Bank, Pharmacy or Restaurant
- Vacancies on Floor 1 (Drive Through) & Floor 2 Ideal for Owner Occupied Tenant
- Floors 2-5 Rented – Government Tenants, Law Office & General Office User
- Excellent Signage Opportunity Exterior of 5 Story Office Building
- Owner-user or investor play: occupy a suite and let the building pay for itself or lease the vacancies for above-average returns
- Financials and Rent Roll Available with Signed NDA
- Cap Rate - 6.78%
- NOI - $400,895
2929 3rd Ave N is one of Downtown Billings cornerstone 5 story office towers that was previously occupied by Rocky Mountain Bank and perfectly set up for an owner/user that would benefit from the hard to come by downtown drive through.
Boasting close to one acre of land which includes a generous parking lot, opportunities are endless to purchase as an investment property, add additional buildings with parking garage or operate in its current condition.
2929 3rd Ave N is located both in an opportunity zone and downtown TIF district – additional resources available upon request.
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