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Industrial Investment Opportunity

$3,525,000

923 2nd Ave N, Billings, MT 59101

Active
Last Updated: 09/20/2024

33,543 sqft

Building Size

1.018 acres

Lot Area

Details:
Building Size:    33,543 sqft
Lot Area:    1.018 acres
Occupancy:    93%
Units:    3
Year Built:    1957
Floors:    1
Highlights:
  • Two (2) long term triple net (NNN) leases in-place
  • Attractive in-fill location with close proximity to I-90 and Main Street
  • Professionally managed and well-maintained
  • Dedicated parking, storage, and multiple ingress/egress points
  • Ninety-three percent (93%) occupied with solid occupancy history
Description:

SterlingCRE Advisors is pleased to present 923 2nd Ave North, an industrial investment opportunity with established long term leases in place. Situated in the heart of the North Park Commercial neighborhood, the offering is ideal for investors and tenants seeking to capitalize on a high-traffic area with convenient access to Interstate-90 and all major Billings arterials.

With unparalleled visibility and accessibility, this ±33,542 square foot three-tenant building is designed to accommodate a variety of uses. Zoned light industrial (IL), the building has three (3) grade level doors and one (1) dock-high loading door with flat topography for ample parking and multiple ingress/egress opportunities. South-facing windows line the corner retail/office area providing for exceptional showroom space.

At 93% occupancy and active leasing efforts in place for the remaining 2,413 square foot space, 923 2nd Avenue North provides investors with the opportunity to acquire a stabilized core asset in one of Montana’s largest markets.

Located off of South Main Street and ±0.5 from Interstate 90

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