923 2nd Ave - Truck Terminal FOR SALE


Billings, MT 59101- Downtown Billings
$3,675,000 USD
406-360-3102
923 2nd Ave, Billings, MT for Sale
$3,675,000 USD
Truck Terminal - FOR SALE
1/8
null | Request Cap Rate

923 2nd Ave
Billings, MT 59101
Downtown Billings


HIGHLIGHTS

  • Attractive in-fill location with close proximity to I-90 and Main Street
  • Professionally managed and well-maintained including several recent capital improvements
  • Dedicated parking, storage, and multiple ingress/egress points
  • Two tenants provide a new owner-occupier supplemental income

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,675,000 USD

PRICE/SF

$109 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Billings Industrial Property For Sale

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Truck Terminal

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.02

LAND SF

44,344

ZONING

IL

APN/PARCEL ID

03-1033-34-2-11-01-0000

ASK ABOUT THIS PROPERTY

Claire Matten, CCIM/SIORSterling Commercial Real Estate AdvisorsMore Info
406-360-3102

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Claire Matten, CCIM/SIORSterling Commercial Real Estate AdvisorsMore Info
406-360-3102

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.