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Billings Industrial Property For Sale 923 2nd Ave 33,572 SF 22% Leased Industrial Building Billings, MT 59101 $3,675,000 ($109.47/SF)
INVESTMENT HIGHLIGHTS
- Attractive in-fill location with close proximity to I-90 and Main Street
- Dedicated parking, storage, and multiple ingress/egress points
- Professionally managed and well-maintained including several recent capital improvements
- Two tenants provide a new owner-occupier supplemental income
EXECUTIVE SUMMARY
Approximately ±26,307 square feet is available for occupancy, allowing a new owner to utilize nearly 78% of the building while benefiting from supplemental in-place income. Two established tenants currently generate annual rental revenue of $54,444, offering a rare blend of owner-user functionality with investment upside. The asset also qualifies for SBA financing, providing an attractive pathway for owner-occupiers to secure favorable lending terms.
Strategically located with excellent visibility and access, the property is zoned Light Industrial (IL) and features three grade-level doors, one dock-high loading door, and a flat topography that allows for ample parking and multiple points of ingress and egress. The south-facing corner unit offers an exceptional retail or office showroom presence, maximizing street exposure and natural light.
DATA ROOM Click Here to Access
PROPERTY FACTS
| Price | $3,675,000 | Building Class | C |
| Price Per SF | $109.47 | Lot Size | 1.02 AC |
| Sale Type | Investment NNN | Rentable Building Area | 33,572 SF |
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Truck Terminal | Year Built | 1957 |
| Zoning | IL - Light Industrial | ||
| Price | $3,675,000 |
| Price Per SF | $109.47 |
| Sale Type | Investment NNN |
| Property Type | Industrial |
| Property Subtype | Truck Terminal |
| Building Class | C |
| Lot Size | 1.02 AC |
| Rentable Building Area | 33,572 SF |
| No. Stories | 1 |
| Year Built | 1957 |
| Zoning | IL - Light Industrial |
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
SterlingCRE Advisors is pleased to present 923 2nd Avenue North, modern industrial building positioned in the thriving North Park Commercial District of Billings, Montana. This ±33,543 square foot property represents a prime opportunity, surrounded by a robust commercial corridor with immediate access to I-90 and Billings’ primary arterials. Approximately ±26,307 square feet is available for occupancy, allowing a new owner to utilize nearly 78% of the building while benefiting from supplemental in-place income. Two established tenants currently generate annual rental revenue of $54,444, offering a rare blend of owner-user functionality with investment upside. The asset also qualifies for SBA financing, providing an attractive pathway for owner-occupiers to secure favorable lending terms. Strategically located with excellent visibility and access, the property is zoned Light Industrial (IL) and features three grade-level doors, one dock-high loading door, and a flat topography that allows for ample parking and multiple points of ingress and egress. The south-facing corner unit offers an exceptional retail or office showroom presence, maximizing street exposure and natural light.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 26,307 SF | Industrial | - | Now |
1st Floor
| Size |
| 26,307 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1st Floor
| Size | 26,307 SF |
| Space Use | Industrial |
| Condition | - |
| Available | Now |
SterlingCRE Advisors is pleased to present 923 2nd Avenue North, modern industrial building positioned in the thriving North Park Commercial District of Billings, Montana. This ±33,543 square foot property represents a prime opportunity, surrounded by a robust commercial corridor with immediate access to I-90 and Billings’ primary arterials. Approximately ±26,307 square feet is available for occupancy, allowing a new owner to utilize nearly 78% of the building while benefiting from supplemental in-place income. Two established tenants currently generate annual rental revenue of $54,444, offering a rare blend of owner-user functionality with investment upside. The asset also qualifies for SBA financing, providing an attractive pathway for owner-occupiers to secure favorable lending terms. Strategically located with excellent visibility and access, the property is zoned Light Industrial (IL) and features three grade-level doors, one dock-high loading door, and a flat topography that allows for ample parking and multiple points of ingress and egress. The south-facing corner unit offers an exceptional retail or office showroom presence, maximizing street exposure and natural light.
PROPERTY TAXES
| Parcel Number | 03-1033-34-2-11-01-0000 | Improvements Assessment | $1,410,535 |
| Land Assessment | $457,165 | Total Assessment | $1,867,700 |
PROPERTY TAXES
CONTACTS
-
Claire Matten, CCIM/SIOR -
Joe Tredik -
Sierra Pierce -
Sterling Commercial Real Estate Advisors
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Billings Industrial Property For Sale | 923 2nd Ave
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