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2334 Lewis Ave 12,414 SF 100% Leased Office Building Billings, MT 59102 $1,899,999 ($153.05/SF)
Investment Highlights
- Central Billings Location
- 12,414 SQFT of divisible space
- Zoned Neighborhood Office
Executive Summary
Formerly a nonprofit operations center, 2334 Lewis Avenue is set up to facilitate multiple uses. Ample offices, large conference spaces, open basement storage space, accessible location and convenient parking position this property for multiple uses. Attached floorplans show the ability to demise into separate suites, floors or utilize the entire building for one tenant.
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$223,452
|
$18.00
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$11,000
|
$0.89
|
| Effective Gross Income |
$212,452
|
$17.11
|
| Taxes |
$16,000
|
$1.29
|
| Operating Expenses |
$74,484
|
$6.00
|
| Total Expenses |
$90,484
|
$7.29
|
| Net Operating Income |
$121,968
|
$9.83
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $223,452 |
| Annual Per SF | $18.00 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $11,000 |
| Annual Per SF | $0.89 |
| Effective Gross Income | |
|---|---|
| Annual | $212,452 |
| Annual Per SF | $17.11 |
| Taxes | |
|---|---|
| Annual | $16,000 |
| Annual Per SF | $1.29 |
| Operating Expenses | |
|---|---|
| Annual | $74,484 |
| Annual Per SF | $6.00 |
| Total Expenses | |
|---|---|
| Annual | $90,484 |
| Annual Per SF | $7.29 |
| Net Operating Income | |
|---|---|
| Annual | $121,968 |
| Annual Per SF | $9.83 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
12,414 SF
Building Class
B
Year Built
1983
Price
$1,899,999
Price Per SF
$153.05
Percent Leased
100%
Building Height
3 Stories
Typical Floor Size
4,138 SF
Building FAR
0.39
Lot Size
0.73 AC
Zoning
NO - Intended to accommodate office/residential uses on neighborhood corridors where other commercial uses are inappropriate. Highly walkable & accessible.
Parking
42 Spaces (3.38 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Courtyard
- Monument Signage
- Air Conditioning
1 1
Walk Score®
Very Walkable (80)
Property Taxes
| Parcel Number | 03-0927-06-2-03-49-0000 | Total Assessment | $1,605,200 (2025) |
| Land Assessment | $182,427 (2025) | Annual Taxes | $16,000 ($1.29/SF) |
| Improvements Assessment | $1,422,773 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
03-0927-06-2-03-49-0000
Land Assessment
$182,427 (2025)
Improvements Assessment
$1,422,773 (2025)
Total Assessment
$1,605,200 (2025)
Annual Taxes
$16,000 ($1.29/SF)
Tax Year
2026
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2334 Lewis Ave
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