3642 South 56th Street West, Billings, MT 59101

The Site: The parcel encompasses approximately 1.37 acres and is improved with multiple structures offering a mix of current income, immediate owner-occupancy potential, and meaningful redevelopment optionality.

The Shop Building — 5,000 SF | 4 Units (Built 2020). The centerpiece of the property is a modern 5,000 SF warehouse/shop building constructed in 2020 and demised into four individual units. Unit 1 is currently vacant and immediately available for an owner-user to occupy, while Units 2, 3, and 4 are leased on month-to-month terms, providing current rental income with the flexibility to recapture space as business needs dictate. The building's newer construction, functional layout, and frontage road positioning make it the core value driver of the property.

Residential Structures — Redevelopment Assumed: The site also contains a 3-unit apartment complex, of which Units 2 and 3 are currently occupied on month-to-month leases. The units are in very poor condition and the broker has assigned no value to this structure; demolition is the assumed disposition. Similarly, an older outbuilding on the site has been assigned no value by the broker and is likewise assumed to be demolished. The removal of these structures would meaningfully increase usable yard area, improve site aesthetics, and open additional land for new construction or expanded parking and storage.

The Residence — 1,680 SF Split-Level Home (1968): A 1,680 SF split-level residence is also present on the site. While dated, the home presents a viable live-work opportunity for the right buyer — a contractor, tradesperson, or small business owner who values an on-site presence. Alternatively, the residence could be remodeled to suit or ultimately cleared to maximize commercial site coverage.

Development Potential — Four Compelling Paths for an Owner-User: With a 1.37-acre site, a newer multi-unit shop building, month-to-month tenants, and structures slated for demolition freeing up additional land, the next owner has exceptional flexibility:

Occupy & Expand: Move into Unit 1 immediately and let the MTM shop tenants fund holding costs while planning a larger build-out on the land freed by demolishing the apartment complex and outbuilding.

Build New: Construct a purpose-built shop, flex, or service facility on the cleared acreage — designed exactly to your operational specs — in a location with direct interstate exposure and broad county zoning.

Develop for Tenants: The lot size and zoning support additional small-bay or flex-industrial development, creating a multi-tenant income property in a high-demand corridor where quality shop space remains undersupplied.

Live-Work: Remodel the existing residence as an owner's quarters or office while operating the shop building — a practical, cost-efficient arrangement well-suited to contractors, landscapers, equipment operators, and similar trades.