Billings, MT Commercial Real Estate for Lease and Sale

Explore 267 listings of Billings commercial real estate to find the best space for your business.

2303 Montana Avenue

2303 Montana Avenue, North Park, Billings, MT
Property

Office

715 SF
Availability

1 Space

715 SF
Year Built

1915
For Lease

$950.00/MO
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71 25th St W

71 25th St W, East Central Billings, Billings, MT
Property

Office

1,150 SF
Availability

1 Space

1,150 SF
For Lease

$12.00/SF/YR
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3412 Colton Blvd

3412 Colton Blvd, Northwest Shiloh, Billings, MT
Property

Office

21,731 SF
Availability

3 Spaces

7,179 SF
Year Built

2023
For Lease

$29.00/SF/YR
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Wilcox Building

3312 4th Ave N, Downtown Billings, Billings, MT
Property

Office

15,802 SF
Year Built

1954
For Sale

$1,750,000
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Office Coworking Retail Industrial

Office Retail Industrial Land
727 Bench Blvd

727 Bench Blvd, Billings Heights, Billings, MT
Property

VacantLand
For Sale

$655,000
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Canyon Creek Retail Center

Shiloh Road, I-90 & Zoo Drive, West Billings, Billings, MT
Property

VacantLand
For Sale

$784,864
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S 24th St W

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

VacantLand
For Sale

$144,000
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Hospital Corridor Retail

821 North 27th Street, North Park, Billings, MT
Property

Retail

6,474 SF
Availability

1 Space

4,975 SF
Year Built

1984
For Lease

$18.50/SF/YR
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4290 Neibauer Rd

4290 Neibauer Rd, Conrad Park, Billings, MT
Property

Industrial

9,600 SF
Availability

1 Space

9,600 SF
Year Built

2024
For Lease

$13.00/SF/YR
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2108 Broadwater Ave

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

Office

500 SF
Availability

1 Space

500 SF
Year Built

1980
For Lease

$750.00/MO
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15 S 26th St

15 S 26th St, South Side Billings, Billings, MT
Property

Other

2,400 SF
For Sale

$299,000
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1116 Broadwater Ave

1116 Broadwater Ave, East Central Billings, Billings, MT
Property

Retail

7,492 SF
Year Built

1952
For Sale

$1,400,000
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1400 S 24th St W

1400 S 24th St W, West Billings, Billings, MT
Property

Retail

4,078 SF
Availability

1 Space

4,078 SF
For Lease

$7,306.00/MO
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Professional/Medical Office Suite

111 S 24th Street W, East Central Billings, Billings, MT
Property

Office

864 SF
Availability

1 Space

864 SF
For Lease

$16.00/SF/YR
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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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12 Plex

21 1/2 S 26th St, South Side Billings, Billings, MT
Property

Multi-Family

3,000 SF
For Sale

$425,000
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4800 Helfrick Rd

4800 Helfrick Rd, Greater Billings, Billings, MT
Property

Industrial

10,416 SF
For Sale

$895,000
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145 Grand Ave

145 Grand Ave, Highland, Billings, MT
Property

Office

8,117 SF
Year Built

1973
For Sale

$1,100,000
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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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3508 S. Frontage Road

3508 S. Frontage Road, South Side Billings, Billings, MT
Property

VacantLand
For Sale

$1,597,715
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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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Park 1

2912 3rd Avenue North, Downtown Billings, Billings, MT
Property

Retail

16,044 SF
Year Built

1980
For Sale

$1,175,000
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115 North Broadway

115 North Broadway, Downtown Billings, Billings, MT
Property

Office

877 SF
Availability

1 Space

877 SF
For Lease

$13.00/SF/YR
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2305 Montana Ave

2305 Montana Ave, North Park, Billings, MT
Property

Retail

5,330 SF
Availability

1 Space

5,330 SF
Year Built

1915
For Lease

$8,262.00/MO
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2601 Minnesota Avenue

2601 Minnesota Avenue, South Side Billings, Billings, MT
Property

Retail

6,700 SF
Availability

4 Spaces

9,064 SF
Year Built

1930
For Lease

$1,200.00 - $3,825.00/MO
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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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108 11th St W

108 11th St W, East Central Billings, Billings, MT
Property

Office

2,820 SF
Year Built

1955
For Sale

$195,000
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5317 Grand Avenue

5317 Grand Avenue, Northwest Shiloh, Billings, MT
Property

Retail

5,400 SF
Availability

3 Spaces

15,300 SF
For Lease Contact for pricing
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2.774 Acres 4550 King Avenue East Lot 3

2.774 Acres 4550 King Avenue East Lot 3, Southwest Corridor, Billings, MT
Property

VacantLand
For Sale

$1,812,531.6
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207 N 22nd Street

207 N 22nd Street, North Park, Billings, MT
Property

Office

11,094 SF
Availability

3 Spaces

4,838 SF
Year Built

1950
For Lease

$800.00 - $1,800.00/MO
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223 Erie Dr

223 Erie Dr, South Side Billings, Billings, MT
Property

Industrial

1,664 SF
Availability

1 Space

1,664 SF
For Lease

$10.00/SF/YR
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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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1035 Cerise Rd

1035 Cerise Rd, Lockwood, Billings, MT
Property

Industrial

7,600 SF
Availability

1 Space

7,600 SF
Year Built

1995
For Lease

$6,100.00/MO
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8015 N Workshop Ave

8015 N Workshop Ave, Tanglewood Lake Estates, Billings, MT
Property

Industrial

768 SF
For Sale

$109,000
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2702 Montana Ave

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

Office

4,868 SF
Availability

2 Spaces

4,868 SF
For Lease

$13.06/SF/YR
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337 South 26th Street

337 South 26th Street, South Side Billings, Billings, MT
Property

Industrial

2,800 SF
Availability

1 Space

1,750 SF
Year Built

1982
For Lease

$8.50/SF/YR
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84 S Homewood Park Dr

84 S Homewood Park Dr, 80th Street Estates - West Meadows, Billings, MT
Property

Industrial

5,800 SF
Year Built

2022
For Sale

$690,000
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Montana Sapphire Dr

Montana Sapphire Dr, West Billings, Billings, MT
Property

VacantLand
For Sale

$750,000
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1812 Monad Road

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

Industrial

6,136 SF
Availability

1 Space

6,136 SF
Year Built

1976
For Lease

$4,800.00/MO
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2048 Overland Ave

2048 Overland Ave, West Billings, Billings, MT
Property

Office

250 SF
Availability

1 Space

250 SF
Year Built

1984
For Lease

$400.00/MO
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King Ave E & Parkway Lane

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

VacantLand
Availability

1 Space

130,680 SF
For Lease

$4,500.00/MO
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848 Main St - Suite B1

848 Main St, Billings Heights, Billings, MT
Property

Office

630 SF
Year Built

1984
For Sale

$59,850
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1215 24th St W

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

Office

930 SF
Availability

1 Space

930 SF
For Lease

$8.00/SF/YR
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2048 Overland Ave

2048 Overland Ave, West Billings, Billings, MT
Property

Office

143 SF
Availability

1 Space

143 SF
Year Built

1984
For Lease

$500.00/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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Lockwood Industrial Building

1728 Old Hardin Rd, Lockwood, Billings, MT
Property

Industrial

22,286 SF
Year Built

1973
For Sale

$2,750,000
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Midtown Storage

205 Prickett Ln, Central - Terry, Billings, MT
Property

Industrial

13,300 SF
Availability

9 Spaces

6,300 SF
Year Built

2023
For Lease

$550.00/MO
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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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7800 Shorey Rd

7800 Shorey Rd, Rimrock, Billings, MT
Property

Industrial

5,505 SF
Year Built

2007
For Sale

$995,000
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UNFI Distribution Warehouse

1629 King Ave W, East Central Billings, Billings, MT
Property

Industrial

252,715 SF
Year Built

1979
For Sale

$14,300,000
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2223 Montana Ave

2223 Montana Ave, North Park, Billings, MT
Property

Office

4,680 SF
Availability

1 Space

4,680 SF
For Lease

$8,638.00/MO
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2637 Belknap Ave

2637 Belknap Ave, South Side Billings, Billings, MT
Property

Industrial

8,640 SF
Availability

1 Space

2,880 SF
For Lease

$8.50/SF/YR
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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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