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1435 Central Ave 7,920 SF 100% Leased Industrial Building Billings, MT 59102 $900,000 ($113.64/SF)



Investment Highlights
- Positioned along Central Avenue with reported traffic counts near 15,000 vehicles daily.
- Renovated in 2023 with a new office buildout, lighting, and roof.
- Warehouse area includes a self-leveling lift and overhead door.
- Includes two lots with a separately zoned vacant parcel.
- CMU1 zoning supports a variety of commercial uses.
- Billings location offers access to the region's primary commercial market.
Executive Summary
1435 Central Avenue presents an opportunity to acquire an industrial/flex asset positioned along Central Avenue, one of Billings' established commercial corridors. The property includes a 7,920-square-foot building situated on two lots totaling approximately 24,401 square feet, creating flexibility for owner-users, contractors, service businesses, automotive-related operations, or investors seeking a functional industrial facility with additional land value.
The 2023 renovation program added a newly finished 1,600-square-foot office area and included updates such as new lighting and a new roof. The warehouse component provides approximately 6,320 square feet of industrial space and is complemented by features including a self-leveling lift, a 10-foot overhead door, gas furnaces, and automatic lighting. In addition to the primary parcel, the offering includes a separately zoned vacant lot of approximately 6,626 square feet, providing additional flexibility for storage, expansion, redevelopment considerations, or future site planning subject to applicable regulations.
The property is zoned CMU1 (Corridor Mixed Use 1), supporting a range of commercial and mixed-use possibilities. Central Avenue's reported traffic counts of approximately 15,000 vehicles per day provide visibility and accessibility for businesses that benefit from exposure and convenient customer access. Billings serves as Montana's largest city and regional commercial hub, supporting demand from industrial, transportation, construction, and service-sector users throughout the area.
The 2023 renovation program added a newly finished 1,600-square-foot office area and included updates such as new lighting and a new roof. The warehouse component provides approximately 6,320 square feet of industrial space and is complemented by features including a self-leveling lift, a 10-foot overhead door, gas furnaces, and automatic lighting. In addition to the primary parcel, the offering includes a separately zoned vacant lot of approximately 6,626 square feet, providing additional flexibility for storage, expansion, redevelopment considerations, or future site planning subject to applicable regulations.
The property is zoned CMU1 (Corridor Mixed Use 1), supporting a range of commercial and mixed-use possibilities. Central Avenue's reported traffic counts of approximately 15,000 vehicles per day provide visibility and accessibility for businesses that benefit from exposure and convenient customer access. Billings serves as Montana's largest city and regional commercial hub, supporting demand from industrial, transportation, construction, and service-sector users throughout the area.
Property Facts
| Price | $900,000 | Building Class | C |
| Price Per SF | $113.64 | Lot Size | 0.41 AC |
| Sale Type | Investment | Rentable Building Area | 7,920 SF |
| Sale Condition | Build to Suit | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1972 |
| Zoning | CMU1-Corridor Mixed Use 1 - CMU1-Corridor Mixed Use 1 | ||
| Price | $900,000 |
| Price Per SF | $113.64 |
| Sale Type | Investment |
| Sale Condition | Build to Suit |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 0.41 AC |
| Rentable Building Area | 7,920 SF |
| No. Stories | 1 |
| Year Built | 1972 |
| Zoning | CMU1-Corridor Mixed Use 1 - CMU1-Corridor Mixed Use 1 |
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Moderately walkable
60/100
Exceptionally drivable
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 03-0927-05-3-02-03-0000 | Improvements Assessment | $320,506 |
| Land Assessment | $118,494 | Total Assessment | $439,000 |
Property Taxes
Parcel Number
03-0927-05-3-02-03-0000
Land Assessment
$118,494
Improvements Assessment
$320,506
Total Assessment
$439,000
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1435 Central Ave
