303 N Broadway - Office FOR SALE


Billings, MT 59101- Downtown Billings
$2,500,000 USD
303 N Broadway, Billings, MT for Sale
$2,500,000 USD
Office - FOR SALE
1/22
null | Request Cap Rate

303 N Broadway
Billings, MT 59101
Downtown Billings


HIGHLIGHTS

  • Current Use: Office/Bank (US Bank occupies 1st & 2nd floors)
  • Lot Size: ±28,364 SF with approximately (10,500 SF of lease hold land interest)
  • Occupancy: 24.21%

OVERVIEW

303 North Broadway is an iconic 8-story high-rise located in the heart of Downtown Billings, Montana’s largest city. Originally constructed in 1954 and remodeled in 2001, the ±117,141 square foot building presents a unique repositioning opportunity. The structure is anchored by US Bank, which currently occupies the first two floors. The balance of the building is largely vacant and facing extensive deferred maintenance, offering significant upside for value-add investors, hospitality/multifamily redevelopers, and institutions seeking a prime urban location.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$21 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

8

BUILDING CLASS

C

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

CBD

APN/PARCEL ID

03-1033-32-4-07-06-0000

ASK ABOUT THIS PROPERTY

Matt RobertsonNAI Business PropertiesMore Info

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Matt RobertsonNAI Business PropertiesMore Info

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