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Western Security Bank 2929 N 3rd Ave 63,062 SF 51% Leased Office Building Billings, MT 59101 $5,464,910 ($86.66/SF)



EXECUTIVE SUMMARY
2929 3rd Ave N, Billings, MT 59101
Former Rocky Mountain Bank Building for Sale
$5,464,910
63,062 SF, 5 Story Office Building
42,000 SF Lot – ½ Block Downtown Billings
3 Lane Drive Through Lane Ideal for Bank, Pharmacy or Restaurant
Floors 1 (Drive Through) & Floor 2 Currently Vacant and Ideal for Owner Occupied Tenant
Floors 3-5 Rented – Government Tenants, Law Office, Property Manager & General Office User
Excellent Signage Opportunity Exterior of 5 Story Office Building
Financials and Rent Roll Available with Signed NDA
2929 3rd Ave N is one of Downtown Billings cornerstone 5 story office towers that was previously occupied by Rocky Mountain Bank and perfectly set up for an owner/user that would benefit from the hard to come by downtown drive through. Boasting close to one acre of land which includes a generous parking lot, opportunities are endless to purchase as an investment property, add additional buildings with parking garage or operate in its current condition. 2929 3rd Ave N is located both in an opportunity zone and downtown TIF district – additional resources available upon request.
Former Rocky Mountain Bank Building for Sale
$5,464,910
63,062 SF, 5 Story Office Building
42,000 SF Lot – ½ Block Downtown Billings
3 Lane Drive Through Lane Ideal for Bank, Pharmacy or Restaurant
Floors 1 (Drive Through) & Floor 2 Currently Vacant and Ideal for Owner Occupied Tenant
Floors 3-5 Rented – Government Tenants, Law Office, Property Manager & General Office User
Excellent Signage Opportunity Exterior of 5 Story Office Building
Financials and Rent Roll Available with Signed NDA
2929 3rd Ave N is one of Downtown Billings cornerstone 5 story office towers that was previously occupied by Rocky Mountain Bank and perfectly set up for an owner/user that would benefit from the hard to come by downtown drive through. Boasting close to one acre of land which includes a generous parking lot, opportunities are endless to purchase as an investment property, add additional buildings with parking garage or operate in its current condition. 2929 3rd Ave N is located both in an opportunity zone and downtown TIF district – additional resources available upon request.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
63,062 SF
Building Class
B
Year Built/Renovated
1978/2005
Price
$5,464,910
Price Per SF
$86.66
Percent Leased
51%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
10,510 SF
Building FAR
1.51
Lot Size
0.96 AC
Opportunity Zone
Yes
Zoning
CBD - Central Business District
AMENITIES
- Banking
- Reception
- Basement
1 1
Walk Score®
Walker's Paradise (91)
PROPERTY TAXES
| Parcel Number | 03-0927-03-2-42-06-0000 | Improvements Assessment | $2,954,017 |
| Land Assessment | $1,670,783 | Total Assessment | $4,624,800 |
PROPERTY TAXES
Parcel Number
03-0927-03-2-42-06-0000
Land Assessment
$1,670,783
Improvements Assessment
$2,954,017
Total Assessment
$4,624,800
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Western Security Bank | 2929 N 3rd Ave
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