Now Available: The Marketplace at Annafeld

1605 Annafeld Parkway E Billings, MT 59101

1605 Annafeld Parkway E, Billings, MT, 59101
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FOR SALE
Property Type:
Other Special Purpose
Amount:
$6,317,000
Last Verified:
Feb 23, 2026

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Highlights

  • 7 ground-floor commercial/retail suites
  • 14 income-producing apartments above
  • 5 garages for added tenant value and revenue
  • Located in a growing neighborhood with strong absorption and future phases underway
  • Appealing architecture and quality construction by McCall Homes

Description

Position your investment at the heart of one of Billings’ most thoughtfully planned and fastest-growing communities. The Marketplace at Annafeld offers a rare mixed-use opportunity featuring 7 street-level retail units, 14 fully-leased residential apartments, and 5 enclosed garage spaces, all designed with a walkable, community-focused lifestyle in mind.

Located in the vibrant core of the Annafeld neighborhood—a modern, master-planned development by McCall Homes—this property sits at the commercial anchor of a community that’s only halfway built out, offering significant long-term upside as the remaining phases are completed.

Surrounded by beautifully crafted homes, bike paths, parks, and pocket greenspaces, this property draws both daily foot traffic and a built-in customer base of residents who prioritize convenience, connection, and quality. Whether you're an investor seeking steady rental income or a business owner looking to plant roots in an up-and-coming district, The Marketplace delivers on all fronts.

Strategically located just north of the Yellowstone River, the Annafeld Subdivision is one of Billings’ premier master-planned neighborhoods. Already home to over 600 rooftops—with plans for 500 more in the next 5 years—Annafeld continues to see strong residential growth and demand. This thoughtfully designed community is built around connection, walkability, and lifestyle. From young families to retirees, Annafeld appeals to a broad demographic with its modern homes, tree-lined streets, and inviting green spaces.


Year Built: 2021
Building Size: 25380sq ft
Lot Size: 1.02 acres


Documents

Alt Sale Brochure

Map of 1605 Annafeld Parkway E, Billings, MT, 59101

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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.