1503 13th St West , Billings, MT, 59102

1503 13th St West Billings, MT 59102

1503 13th St West , Billings, MT, 59102
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$465,000
Last Verified:
Oct 29, 2024

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Highlights

  • Office/Retail building for sale
  • Building is 1,848 SF
  • Situated on three lots totaling 27,936 SF
  • 1,408 SF main floor
  • Additional 440 SF basement
  • Great midtown location
  • Located across from the new ACE Hardware on 13th St W
  • Fully leased
  • Suites 1 & 2 leased until April 2026
  • Suite 3 tenant is month-to-month
  • Tenants pay a prorated portion of snow removal, utilities & maintenance expenses
  • Owner pays water/garbage/sewer, property taxes & property insurance
  • Back lot setup with four food truck hookups that generated $1,200/month in 2023
  • Asking $465,000

Description

Presenting an outstanding investment opportunity in Billings, MT, this 1,848 SF Office/Retail building provides a secure and lucrative venture for office building investors. With a spacious 1,408 SF main floor, an additional 440 SF basement, and situated on three lots totaling 27,936 SF, this property offers substantial space for various business ventures. Fully leased, with Suite 1 & 2 committed until April 2026 and Suite 3 occupied on a month-to-month basis (leasing for three years), this asset ensures immediate returns. Additionally, with tenants managing a prorated portion of snow removal, utilities, and maintenance expenses, this offering, priced at $465,000, guarantees an attractive return on investment.

Great Midtown location

Building Size: 1848sq ft
Building Class: B
Lot Size: 0.64 acres


Documents

Alt Sale Brochure

Map of 1503 13th St West , Billings, MT, 59102

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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."

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

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