Property History
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.
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±26,307 SF available immediately for an owner-occupier
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Attractive in-fill location with close proximity to I-90 and Main Street
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Professionally managed and well-maintained including several recent capital improvements
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Dedicated parking, storage, and multiple ingress/egress points
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Two tenants provide a new owner-occupier supplemental income
• Cap Rate: 6%
• Total Building Size: 33,542 SF
• Total Land Size: 1.018 Acres
• Retail, Office & Shop Space
• Off Street Parking
• Building Signage
• ADA Restrooms
• Two Overhead Doors with access from 2nd Ave. N & N 10th St
• Zoned Controlled Industrial
- Occupied by Direct Automotive, NorthWest Co., Gwenlynns Cleaning
- Off-Street Parking Available
- Excellent Visibility
- 1 Dock Door & 1 Ground Level Drive-In Door
- New Paint and landscape
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Property Details
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