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Tailoranne Young

tailoranne.young@engelvoelkers.com +1(406) 794-7229

Listed by Thomas Romine Romine Real Estate

$ 510,000

Est. payment -/mo

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Price Dropped by $30K

644 Broadwater Avenue Billings, MT 59102

3,120 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 3,120 sqft

Price per Sqft $163

Subdivision Yellowstone Addition

MLS Listing ID 357159

Construction Status Resale

HOA Y/N No

Year Built 1994

Annual Tax Amount $3,880

Lot Size 10,497 Sqft

Acres 0.241

Property Sub-Type Retail

Property Description

Midtown free standing retail building. Solid investment property or excellent retail location for owner/user with flexibility for multiple uses---retail, office, medical. Free standing brick faced building on the corner of Broadwater and 7th St W, interior remodeled in 2010. Front portion is showroom/retail and the back portion has offices, two bathrooms, breakroom and secure storage. 720 sq ft basement provides additional storage and holds the mechanical room. Re-roofing in 2022. Long term tenant, current lease expires 1/31/27, $3800/mo = $45,600 less taxes and ins of $6889 = $38711 or a 7.6% return cash on cash at full price. Monthly rent increases 3% in 2027. Latest traffic count 2023 1 block east 16,070.

Location

State MT

County Yellowstone

Area (08) West Billings

Zoning Neighborhood Mixed-Use

Interior

Heating Forced Air, Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features Paved, On Street

Water Access Desc Public

Roof Type Composition

Present Use Retail

Total Parking Spaces 14

Building

Lot Description Alley

Dwelling Type Retail

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Construction Status Resale

Others

Tax ID A18889

Acceptable Financing Cash, New Loan

Listing Terms Cash, New Loan

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NEARBY SCHOOLS & PROPERTIES

Tailoranne Young

Advisor | License ID: RRE-RBS-LIC-131606

+1(406) 794-7229

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