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20100521
20100523

923 2nd Ave N, Billings, MT 59101

CM
MT RRE-BRO-LIC-90048
Sterling CRE Advisors
JT
MT RRE-RBS-LIC-108330
Sterling CRE Advisors
Listed by Sterling CRE Advisors
$3,675,000
626 days on market
Updated 5 days ago

Industrial Investment Opportunity

Details
APN 03-1033-34-2-11-01-0000
Property Type Industrial
Sub Type Flex
Square Footage 33,543
Units 3
Occupancy 100%
Year Built 1957
Year Renovated 2000
Buildings 1
Stories 1
Acreage 1.018
Zoning Light Industrial
Investment Type Net Lease
Loading Docks 3
Dock High Doors 1

Industrial | 33,543 SqFt

Marketing description

SterlingCRE Advisors is pleased to present 923 2nd Avenue North, modern industrial building positioned in the thriving North Park Commercial District of Billings, Montana. This ±33,543 square foot property represents a prime opportunity, surrounded by a robust commercial corridor with immediate access to I-90 and Billings’ primary arterials.

Approximately ±26,307 square feet is available for occupancy, allowing a new owner to utilize nearly 78% of the building while benefiting from supplemental in-place income. Two established tenants currently generate annual rental revenue of $54,444, offering a rare blend of owner-user functionality with investment upside. The asset also qualifies for SBA financing, providing an attractive pathway for owner-occupiers to secure favorable lending terms.

Strategically located with excellent visibility and access, the property is zoned Light Industrial (IL) and features three grade-level doors, one dock-high loading door, and a flat topography that allows for ample parking and multiple points of ingress and egress. The south-facing corner unit offers an exceptional retail or office showroom presence, maximizing street exposure and natural light.

Investment highlights

  • ±26,307 SF available immediately for an owner-occupier

  • Attractive in-fill location with close proximity to I-90 and Main Street

  • Professionally managed and well-maintained including several recent capital improvements

  • Dedicated parking, storage, and multiple ingress/egress points

  • Two tenants provide a new owner-occupier supplemental income

Listing Contacts

CM
MT RRE-BRO-LIC-90048
Sterling CRE Advisors
JT
MT RRE-RBS-LIC-108330
Sterling CRE Advisors
Listed by Sterling CRE Advisors

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Additional Information

Name
Claire Matten, CCIM/SIOR
License
RRE-BRO-LIC-90048
Name
Joe Tredik
License
RRE-RBS-LIC-108330
Brokerage
Sterling CRE Advisors
Title
Real Estate Salesperson
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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