2601 Minnesota AveBillings, MT 59101

  • Other commercial real estate
  • 6,700 SF
For Sale
$745,000 View listing

Property Details for 2601 Minnesota Ave

Year built
1930
Construction
WOOD
Lot size
0.41 AC
Property size (Sq ft)
6,700 SF
Zone code
CBD
Property type
Other commercial real estate
Property subtype
Showrooms
APN
03-0927-03-1-39-01-4003
APU
3092703139014003

Description

This exceptional Class A mixed-use property, located at 2601 Minnesota Avenue in Billings, Montana, presents a unique investment opportunity. The 6,700 square foot building, constructed in 1930 and extensively renovated in 2011, boasts a blend of restored brick exterior and modern interior finishes. The property features three units totaling 6,700 square feet, currently vacant, and is ideally suited for a restaurant and/or office space. The layout includes 5,100 square feet dedicated to restaurant/cafe space and 1,600 square feet of professional office space. Situated on a 0.408-acre lot in the CBD/East Billings RSV zoning district, the property benefits from ample parking and a north-facing patio. The land is held under a long-term lease with MRL. The asking price is $745,000, translating to $111.19 per square foot. This prime location near the heart of downtown Billings offers excellent visibility and accessibility, making it an attractive proposition for a variety of businesses. The property's versatile design and desirable location make it an ideal investment for discerning buyers seeking a high-return opportunity in a thriving Montana market. The property's APN is I00230 and the zip code is 59101.

2601 Minnesota Ave, Billings, Montana

Location Insight

City
Billings
County
Yellowstone
State
Montana
Latitude
45.7818
Longitude
-108.502
CBSA code
13740
CBSA name
BILLINGS, MT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,358
-
-
$508,850
-
-
$508,850
$508,850

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