Billings, MT Commercial Real Estate for Lease and Sale

Explore 257 listings of Billings commercial real estate to find the best space for your business.

Single-Tenant Shop

5460 Holiday Avenue, Southwest Corridor, Billings, MT
Property

Industrial

3,750 SF
Availability

1 Space

3,750 SF
Year Built

1998
For Lease

$9.00/SF/YR
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N Frontage Rd Development Lots

3333 N Frontage Rd, Lockwood, Billings, MT
Property

VacantLand
For Sale

$1,497,000
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Shop World Lots

Shop World Lots, Tanglewood Lake Estates, Billings, MT
Property

VacantLand
For Sale

$52,000
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11 East Airport Road

11 East Airport Road , Billings Heights, Billings, MT
Property

Office

9,449 SF
Year Built

1971
For Sale

$975,000
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Office Coworking Retail Industrial

Office Retail Industrial Land
145 Grand Ave

145 Grand Ave, Highland, Billings, MT
Property

Office

916 SF
Availability

1 Space

916 SF
For Lease

$17.50/SF/YR
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Central Ave and S 36th St W

3611 Mount Rushmore Ave, West Billings, Billings, MT
Property

VacantLand
For Sale

$1,040,000
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Gabel Rd Office Development

3549 Gabel Rd, West Billings, Billings, MT
Property

Office

7,264 SF
Availability

1 Space

2,674 SF
Year Built

2024
For Lease

$24.00/SF/YR
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3088 Gabel Rd

3088 Gabel Rd, West Billings, Billings, MT
Property

Industrial

5,000 SF
Availability

1 Space

5,000 SF
For Lease

$15.00/SF/YR
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1123 3rd Ave N

1123 3rd Ave N, North Park, Billings, MT
Property

Office

10,455 SF
Availability

2 Spaces

7,000 SF
Year Built

1925
For Lease

$8.00 - $14.00/SF/YR
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1720 Lampman Dr

1720 Lampman Dr, East Central Billings, Bilings, MT
Property

Office

5,998 SF
Availability

1 Space

5,998 SF
Year Built

2001
For Lease

$7,857.00/MO
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1812 Monad Road

1812 Monad Road, East Central Billings, Billings, MT
Property

Industrial

6,136 SF
Year Built

1976
For Sale

$1,200,000
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Fratt Building Third Floor

2817 2nd Avenue North, Downtown Billings, Billings, MT
Property

Office

7,750 SF
For Sale

$1,162,500
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1718 4th Ave N

1718 4th Ave N, North Park, Billings, MT
Property

Industrial

15,712 SF
For Sale

$815,000
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1215 24th St W

1215 24th St W, East Central Billings, Billings, MT
Property

Office

1,661 SF
Availability

1 Space

1,661 SF
For Lease

$8.00/SF/YR
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1722 Lampman Dr

1722 Lampman Dr, East Central Billings, Billings, MT
Property

Office

6,000 SF
Availability

1 Space

6,000 SF
For Lease

$15.00/SF/YR
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727 Bench Blvd

727 Bench Blvd, Billings Heights, Billings, MT
Property

VacantLand
For Sale

$655,000
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Former Costco Wholesale

2290 King Avenue West, West Billings, Billings, MT
Property

Retail

141,636 SF
Year Built

1991
For Sale

$11,500,000
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5401 Hawk Creek Ave

5401 Hawk Creek Ave, Northwest Shiloh, Billings, MT
Property

VacantLand
Availability

1 Space
For Lease Contact for pricing
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2108 Broadwater Ave

2108 Broadwater Ave, East Central Billings, Billings, MT
Property

Office

273 SF
Availability

1 Space

273 SF
Year Built

1980
For Lease

$400.00/MO
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1503 13th St West

1503 13th St West , Highland, Billings, MT
Property

Office

1,848 SF
For Sale

$465,000
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350 S Billings Blvd

350 S Billings Blvd, Southwest Corridor, Billings, MT
Property

Industrial

10,000 SF
Availability

1 Space

10,000 SF
Year Built

1994
For Lease

$8,960.00/MO
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Cushing Terrell

13 N 23rd St, North Park, Billings, MT
Property

Office

41,503 SF
Availability

2 Spaces

12,096 SF
Year Built

1920
For Lease

$12.00/SF/YR
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Western Executive Inn

3121 King Ave, West Billings, Billings, MT
Property

Other

21,456 SF
For Sale

$3,800,000
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9000 Quest Ave

9000 Quest Ave, Conrad Park, Billings, MT
Property

Industrial

10,400 SF
Availability

1 Space

10,400 SF
Year Built

2004
For Lease

$7.80/SF/YR
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3950 S Frontage Rd

3950 S Frontage Rd, Southwest Corridor, Billings, MT
Property

VacantLand
For Sale

$1,680,000
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2702 Montana Ave

2702 Montana Ave, South Side Billings, Billings, MT
Property

Office

1,450 SF
Availability

1 Space

1,450 SF
For Lease

$11.25/SF/YR
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2675 King Ave W

2675 King Ave W, East Central Billings, Billings, MT
Property

Office

5,267 SF
Year Built

1998
For Sale

$2,390,000
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704 Wagon Trail E

704 Wagon Trail E, 80th Street Estates - West Meadows, Billings, MT
Property

Industrial

3,300 SF
Availability

1 Space

3,300 SF
For Lease

$11.50/SF/YR
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2708 1st Ave N

2708 1st Ave N, Downtown Billings, Billings, MT
Property

Office

40,056 SF
Availability

1 Space

2,079 SF
Year Built

1917
For Lease

$16.00/SF/YR
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2075 Overland Ave

2075 Overland Ave, West Billings, Billings, MT
Property

Office

9,800 SF
Availability

1 Space

9,800 SF
For Lease

$8.00/SF/YR
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3218-3226 S. Frontage Road

3218-3226 S. Frontage Road, South Side Billings, Billings, MT
Property

Industrial

295,400 SF
Availability

5 Spaces

251,600 SF
For Lease

$9.50/SF/YR
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King Ave E & Parkway Lane

5445 King Ave E, Southwest Corridor, Billings, MT
Property

VacantLand
For Sale

Subject To Offer
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UCC Auction - Billings, MT Retail

2618 King Ave West , West Billings, Billings, MT
Property

Retail

66,085 SF
Year Built

1995
For Sale

Subject To Offer
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2815 Montana Avenue

2815 Montana Avenue, Downtown Billings, Billings, MT
Property

Office

4,239 SF
Availability

1 Space

3,300 SF
Year Built

1910
For Lease

$16.00/SF/YR
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1.635 Acres 4550 King Avenue East Lot 2

1.635 Acres 4550 King Avenue East Lot 2, Southwest Corridor, Billings, MT
Property

VacantLand
For Sale

$1,068,309
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4151 1st Ave S

4151 1st Ave S, South Side Billings, Billings, MT
Property

Industrial

49,112 SF
Year Built

1959
For Sale

$4,250,000
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317 N 13th St

317 N 13th St, North Park, Billings, MT
Property

Retail

1,875 SF
Availability

1 Space

1,875 SF
Year Built

1962
For Lease

$1,325.00/MO
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1413 4th Ave N

1413 4th Ave N, North Park, BILLINGS, MT
Property

Office

11,085 SF
Availability

8 Spaces

10,502 SF
Year Built

1956
For Lease

$8.00 - $8.50/SF/YR
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11 East Airport Road

11 East Airport Road , Billings Heights, Billings, MT
Property

Office

9,449 SF
Availability

2 Spaces

9,449 SF
Year Built

1971
For Lease

$10.00/SF/YR
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Canyon Creek Industrial Complex

1478 - 1494 S 30th St W, West Billings, Billings, MT
Property

Industrial

18,000 SF
Availability

8 Spaces

27,485 SF
Year Built

2024
For Lease

$1,890.00 - $8,460.00/MO
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Granite Tower

222 N 32nd St, Downtown Billings, Billings, MT
Property

Office

82,796 SF
Availability

1 Space

3,000 SF
Year Built

1976
For Lease

$17.00 - $23.00/SF/YR
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15th and Grand Avenue

1503 Grand Avenue , North Central Billings, Billings, MT
Property

Retail

2,749 SF
Year Built

1981
For Sale

$750,000
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51 Foster Ln

51 Foster Ln, East Central Billings, Billings, MT
Property

Industrial

150 SF
Availability

1 Space

150 SF
For Lease

$495.00/MO
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4025 1st Ave S

4025 1st Ave S, South Side Billings, Billings, MT
Property

Industrial

3,000 SF
Availability

1 Space

3,000 SF
Year Built

1973
For Lease

$2,687.00/MO
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1645 Avenue D

1645 Avenue D, North Central Billings, Billings, MT
Property

Office

1,154 SF
Availability

1 Space

480 SF
For Lease

$14.00/SF/YR
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4470 King Avenue E

4470 King Avenue E, Southwest Corridor, Billings, MT
Property

Retail

4,223 SF
Availability

1 Space

2,180 SF
Year Built

2022
For Lease Contact for pricing
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Bitterroot Dr & Wicks Ln

Bitterroot Dr & Wicks Ln, Billings Heights, Billings, MT
Property

VacantLand
For Sale

$285,000
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801 14th St W

801 14th St W, East Central Billings, Billings, MT
Property

Retail

1,590 SF
Availability

1 Space

1,590 SF
Year Built

1943
For Lease

$1,650.00/MO
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116 N 29th St

116 N 29th St, Downtown Billings, Billings, MT
Property

Retail

2,847 SF
Availability

1 Space

2,847 SF
For Lease

$3,559.00/MO
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719 Dunham Avenue

719 Dunham Avenue, Central - Terry, Billings, MT
Property

Industrial

17,000 SF
Availability

2 Spaces

17,000 SF
For Lease

$7.00 - $8.00/SF/YR
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Net Industrial Investment

1443 Coulson Road, Lockwood, Billings, MT
Property

Industrial

14,788 SF
Year Built

1983
For Sale

$1,500,000
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5056 & 5110 Jellison Rd.

5056 Jellison Rd, Blue Creek - Duck Creek, Billings, MT
Property

Industrial

17,988 SF
For Sale

$1,300,000
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Billings commercial real estate market incorporates 1,225,117 square feet of office space across 80 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Billings commercial real estate market includes 508,642 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Billings market, there is a total of 1,163,950 square feet of industrial property.

The listing inventory in Billings incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Billings is represented by Industrial space, which accounts for 716,743 square feet of available listings. Office space available in Billings adds up to 367,336 square feet.

Meanwhile, most of the listings of commercial property for sale in Billings are in the Industrial category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Billings is $11.73 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Billings can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Billings, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Billings is in the North Park neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the North Park area.

Meanwhile, retail space opportunities are most abundant in the North Park submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in South Side Billings.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $24 per square foot. In particular, the property type commanding the highest lease rates in Billings was Retail space.

The average size of a commercial property in Billings depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Billings, the average size of an office property is 21,494 square feet.
Retail properties here incorporate an average of 16,955 square feet.
Industrial space in Billings is in buildings that are, on average 21,962 square feet in size.

Billings, MT Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Billings currently add up to 1,570,813 square feet. The market offers 72 active office listing(s), which amount to 386,442 square feet and account for 43% of commercial spaces on the market. Local retail availability includes 148,465 square feet across 30 retail space(s). Industrial space for rent opportunities in Billings amount to 735,953 square feet across a total of 58 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	72	386,442
Retail	30	148,465
Industrial	58	735,953
Other	6	299,953

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Billings, MT. Currently, there is 1,172,964 square feet of commercial property for sale here , which includes 15 office building(s) for sale , 12 retail investment opportunity listing(s) , and 22 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	15	174,954
Retail	12	282,787
Industrial	22	563,483
Other	47	151,740

Billings, MT Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Billings, MT?

What factors affect the price of commercial real estate in Billings, MT?

What is the average rent for commercial space in Billings, MT?

What are the best areas for commercial real estate in Billings, MT?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Billings, MT?

Billings, MT Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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