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1629 King Ave

254,632 SF 100% Leased Industrial Building Billings, MT 59102 $14,300,000 ($56/SF)

Investment Highlights

  • The area surrounding the property is a hub of activity and business opportunity.
  • Convenient location and proximity to key business and leisure destinations.
  • Conveniently situated near the medical corridor and Billings Logan International Airport.

Executive Summary

Introducing a premier investment opportunity in the heart of Billings, Montana. This expansive 253,126 SF industrial property, constructed in 1979, is ideally suited for investors or owner users seeking a robust warehouse and distribution space. Zoned for light industrial use, the building offers tremendous potential for a variety of industrial operations. With its strategic location in the Billings area, this property presents a compelling opportunity for investors looking to capitalize on the region's thriving industrial sector. Boasting ample space, a solid construction history, and optimal zoning, this property is the perfect choice for those seeking an industrial investment with substantial upside potential in the dynamic Billings market.

Property Facts

Price $14,300,000
Price Per SF $56
Sale Type Investment
Property Type Industrial
Building Class C
Lot Size 24.59 AC
Rentable Building Area 254,632 SF
No. Stories 1
Year Built 1983
No. Dock-High Doors/Loading 28
No. Drive In / Grade-Level Doors 1

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-0927-07-4-05-01-0000
Land Assessment
$3,937,653
Improvements Assessment
$7,493,747
Total Assessment
$11,431,400

zoning

Zoning Code CI (Light industrial)
CI (Light industrial)
  • Listing ID: 33474995

  • Date on Market: 10/10/2024

  • Last Updated:

  • Address: 1629 King Ave, Billings, MT 59102

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