2,500-16,000 SF Redevelopment Property For Lease on Montana Ave

3013 Montana Ave Billings, MT 59101

3013 Montana Ave, Billings, MT, 59101
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FOR LEASE
Property Type:
Mixed Use
Amount:
Please Call Broker for Price

Cap Rate:
0.00%
Last Verified:
Oct 06, 2022

*3013 Montana Ave, Billings *Redevelopment Property For Lease *$5-8 PSF NNN - Tenant Responsible for Buildout *$12-$20 PSF NNN - Build to Suit *CBD Zoning *Building consists of 4 Separate Spaces *Space 1: 3,700 SF Retail Space with 2,000 SF Basement, 12 ft Ceilings & 10 ft Overhead Door in Alley *Space 2: 2,500 SF Retail Space with 2,000 SF Basement and 12 ft Ceilings *Space 3: 2,500 SF Retail Space *Space 4: 4,000 SF 2nd Floor Office Space *Building is Fully Sprinkled *Ability to Add Rooftop Patios *Traffic Count = 12,000 Cars Per Day *Front Exterior Will Be Getting a Facelift to Create a More Modern Look *Interior Retail Spaces are Perfect for a Modern Industrial Feel with Exposed Brick, Wood Beams and Spiral HVAC Ductwork *Space Size is Flexible so Tenants Can Lease 2,500-16,000 SF 3013 Montana Ave is a downtown redevelopment project that will tastefully combine a historic 1908 building with modern industrial finishes to create a truly fun and unique building. With tall ceilings, exposed brick and large wood beams, this building would be ideal for a Restaurant, Brewery, Winery, Retailer, Art Gallery, Group Classes or any Professional Services Firm looking for a trendy space. Your customers & clients will know that they have arrived because the exterior remodel that is mixing brick, wood and steel is really going to make the building pop. Come find out what it looks like to custom design your dream downtown space!

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.