1215 24TH STREET WEST
BILLINGS, MONTANA 59102

2702 Montana Ave


  • Downtowns Most Active Intersection

  • Very High Profile Corner Location

  • Complete Renovation on 2006 of this Historic Montana Ave Heavy Timber and Masonry Building

  • Efficient HVAC System; Very Quiet High End Heat Pump

  • Roof Deck Access on 4th Floor

  • Over 15,000 sq. ft. of Retail and Office Space Available

  • Purchase Option for Your Space with 60 Month Lease

  • The Third & Forth Floor Residential Lofts are Occupied

  • Comfortable Walking Distance to Shopping, Major Banks, Billings Finest Restaurants, Music, Entertainment, Museums, Starbucks, Casinos and City Offices

  • Elevator to all Floors and Lower Level

  • Ample Parking Adjacent to Building
     

Located on the southwest corner of Montana Avenue and N. 27th Street in Billings ‘Old Town District, kitty corner from the Crowne Plaza Hotel which is currently undergoing a
multi-Million Dollar renovation.  The Oliver Building is the newest, mixed-use, residential, office/retail building in Billings.

 

Rent Rates:
Rentable Area:             5420 sq. ft.
Useable Area:                  4808 sq. ft. 
Rent Entire Floor:     $4.00 sq. ft. NNN (NNN=$5.75)=$9.75/sq. ft.
Rent Useable Floor:  $5.00 sq. ft. NNN (NNN=$5.75)=$10.75/sq. ft.

Sales Price: (Option)
Rentable Area:           5420 sq. ft.
Useable Area:             4808 sq. ft.
Sell Entire Floor:     5420 x $110/sq. ft. = $596,200.00
Sell Useable Only:   4808 x $123/sq. ft.= $598,764.00

 

Rent Rates:
Rentable Area:             5480 sq. ft.
Useable Area:                  4868 sq. ft.=3204 sq. ft. (E) & 1664 sq. ft. (W) 
Rent Useable Floor (E):  $10.25 sq. ft. NNN
                                                               (NNN=$5.75)=$16.00/sq. ft.
Rent Useable Floor (W): $9.25/sq. ft. NNN
                                                               (NNN=$5.75)=$15.00/sq. ft.

Sales Price: (Option)
Rentable Area:          5480 sq. ft.
Useable Area:            4868 sq. ft.=3204 sq. ft. (E) & 1664 sq. ft. (W)
Sell Useable (E):       5480 x $151/sq. ft. = $483,804.00
Sell Useable (W):      4868 x $141/sq. ft.= $234,624.00

Rent Rates:
Rentable Area:        6266 sq. ft.
Useable Area:             5654 sq. ft. 
Rent Useable:          $8.10 sq. ft. NNN (NNN=$5.75)=$13.85/sq. ft.

Sales Price: (Option)
Rentable Area:           6266 sq. ft.
Useable Area:             5654 sq. ft.
Sell Useable:               5654 x $133/sq. ft.= $751,982.00

Note: NNN includes: Building Insurance, Taxes, Gas (Lower Level, First Floor, and Second Floor), Water, Common are Electricity, Cleaning, Maintenance & Repairs, Supplies.  Electricity to tenant spaces metered separately, responsibility of individual tenant.

Click on the photo's for a larger view

Check out this article from the Billings Gazette

Click here for a printable flyer

For additional information contact:

Christine Pierce
Commercial Specialist
or

Tom Dailey
Commercial Specialist