2929 3Rd AveBillings, MT 59101

This exceptional Class A, five-story office building, located at 2929 3rd Ave N in Billings, Montana, presents a unique investment opportunity. Spanning 63,062 square feet on a sizable 42,000 square foot lot (approximately half a block), this property boasts a prime downtown location within both an Opportunity Zone and the downtown Tax Increment Financing (TIF) district. Built in 1978 and renovated in 2005, the building features a desirable three-lane drive-through, ideal for a variety of uses, including a bank, pharmacy, or restaurant. The first and second floors are currently vacant, offering significant potential for an owner-occupier. Floors three through five are occupied by a mix of government tenants, a law office, a property manager, and general office users, resulting in a 61% occupancy rate. The building's former tenant was Rocky Mountain Bank. Excellent exterior signage opportunities exist. Detailed financial information and rent roll are available upon execution of a Non-Disclosure Agreement. This property offers substantial upside potential for investors seeking a strong presence in the heart of Billings. The permitted zoning is CBD Central Business District. The asking price is $5,189,000.