4151 1st Ave S - Industrial FOR SALE


Billings, MT 59101- Downtown Billings
$4,250,000 USD
406-794-3404
4151 1st Ave S, Billings, MT for Sale
$4,250,000 USD
Industrial - FOR SALE
1/22
null | Request Cap Rate

4151 1st Ave S
Billings, MT 59101
Downtown Billings


HIGHLIGHTS

  • Located in close proximity to Interstate 90, Montana Avenue, and State Avenue
  • Access to a rail spur
  • PRICE REDUCED!!!

OVERVIEW

Introducing a large, turnkey industrial site with expansion potential at 4151 1st Avenue South in the growing city of Billings, Montana. The ±49,112 square foot warehouse features a grade-level overhead door, dock-high loading, and access to a rail spur. This ±3.62-acre parcel is connected to all city services, allowing for expansion, redevelopment, or significant truck circulation and parking space. The property, located near the expanding downtown and West End areas, includes reception, a training room, private offices, and ample staff/client parking. It is located in close proximity to Interstate 90, Montana Avenue, and State Avenue, and is surrounded by a variety of retail and industrial businesses such as automotive services, hardware stores, and gas/convenience stores. Currently serving as a distribution warehouse, the space may accommodate a range of industrial operations. This property would be ideal for those seeking a large industrial space or a redevelopment site with room for expansion. Coca-Cola High Country is relocating to their new facility on S Frontage Road and Harnish Boulevard in January of 2024. As the largest city in Montana, Billings is the thriving county seat of Yellowstone County with a population of over 115,000 residents. Located in southeast Montana, this city is known for its business-friendly environment, reasonable cost of living, and job opportunities, making it a welcoming place for both in-state and out-of-state residents. In 2021, The Wall Street Journal identified Billings as one of the hottest real estate markets in the country, and the city continued to experience rapid growth through 2022 NOTE: Building is also available for Lease at $24,556/mo (+ utilities)

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$87 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

ADD'L SUBTYPES

Distribution, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

UTILITIES

Water - City, Sewer - City

CLEAR CEILING HT

-

DOCKS

4

DRIVE INS

3

PARKING SPACES

41

LAND DETAILS

LAND ACRES

3.62

LAND SF

157,687

ZONING

L1 - Light Industrial

APN/PARCEL ID

03-0927-04-4-09-06-0000

ASK ABOUT THIS PROPERTY

David MitchellColdwell Banker CBSMore Info
406-794-3404

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David MitchellColdwell Banker CBSMore Info
406-794-3404

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