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2929 3rd Ave N

$5,900,000

2929 3rd Ave N, Billings, MT 59101

Active
Last Updated: 05/21/2026

6.79

Cap Rate

400,895

NOI

Details:
Cap Rate:    6.79%
NOI:    $400,895
Building Size:    63,062 sqft
Lot Area:    42,000 sqft
Occupancy:    61%
Class:    A
Year Built:    1978
Zoning:    CBD-Central Business District
Tenancy:    Multiple
MlsNumber:    240331
Floors:    5
Year Last Renovated:    2005
Highlights:
  • Lot Dimension: 42,000 SF
  • Available Floors: 5
Description:

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.

2929 3 rd Ave N, Billings, MT 59101 Former Rocky Mountain Bank Building for Sale For Sale $5,900,000 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 Vacancies on Floor 1 (Drive Through) & Floor 2 Ideal for Owner Occupied Tenant Floors 2-5 Rented – Government Tenants, Law Office & General Office User Excellent Signage Opportunity Exterior of 5 Story Office Building Owner-user or investor play: occupy a suite and let the building pay for itself or lease the vacancies for above-average returns Financials and Rent Roll Available with Signed NDA


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Listing ID: 37b7892d-5125-4329-a864-b1a60f9891be
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