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.

Wagon Trail E

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

Industrial

1,500 SF
Availability

1 Space

1,500 SF
Year Built

2023
For Lease

$1,606.00/MO
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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
Availability

1 Space

49,112 SF
Year Built

1959
For Lease

$24,556.00/MO
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Becraft Lane

Becraft Lane, Lockwood, Billings, MT
Property

VacantLand
For Sale

$3.50-$5.50/SF
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Office Coworking Retail Industrial

Office Retail Industrial Land
3750 Wise Ln

3750 Wise Ln, Conrad Park, Billings, MT
Property

Industrial

16,700 SF
Availability

1 Space

16,700 SF
For Lease

$1,000.00 - $2,000.00/MO
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3925 Coulson Road East

3925 Coulson Road East, Lockwood, Billings, MT
Property

Industrial

9,962 SF
For Sale

$1,950,000
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Shiloh Road Development Land

495 Henry Chapple, West Billings, Billings, MT
Property

VacantLand
For Sale

$1,449,459
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1629 Avenue D

1629 Avenue D, North Central Billings, Billings, MT
Property

Office

527 SF
Availability

1 Space

527 SF
For Lease

$10.50/SF/YR
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2596 Enterprise Ave

2596 Enterprise Ave, West Billings, Billings, MT
Property

Industrial

9,954 SF
Availability

1 Space

9,954 SF
Year Built

1996
For Lease

$6.25/SF/YR
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4778 Helfrick Rd

4778 Helfrick Rd, Greater Billings, Billings, MT
Property

VacantLand
For Sale

$700,000
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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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2518 6th Ave N

2518 6th Ave N, North Park, Billings, MT
Property

VacantLand
For Sale

$380,000
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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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Fratt Building

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

Office

550 SF
Availability

1 Space

550 SF
For Lease

$13.00/SF/YR
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1445 Avenue B

1445 Avenue B, North Central Billings, Billings, MT
Property

Office

6,428 SF
Availability

2 Spaces

3,452 SF
Year Built

1984
For Lease

$13.00/SF/YR
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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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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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848 Main St - Suite C2

848 Main St, Billings Heights, Billings, MT
Property

Retail

630 SF
Year Built

1984
For Sale

$59,850
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112 N Broadway - Suite 101

112 North Broadway, Downtown Billings, Billings, MT
Property

Retail

9,780 SF
Availability

1 Space

2,691 SF
Year Built

1916
For Lease

$15.65/SF/YR
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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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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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321 N 13th St

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

Industrial

5,776 SF
Availability

1 Space

5,776 SF
Year Built

1962
For Lease

$4,500.00/MO
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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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2490 Gabel Rd

2490 Gabel Rd, West Billings, Billings, MT
Property

Industrial

16,500 SF
Availability

1 Space

16,500 SF
Year Built

1978
For Lease

$16,156.00/MO
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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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1.00 Acres 4550 King Avenue East Lot 6A-1

1.00 Acres 4550 King Avenue East Lot 6A-1, Southwest Corridor, Billings, MT
Property

VacantLand
For Sale

$827,640
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Main Street Professional Center

848 Main St, Billings Heights, Billings, MT
Property

Office

480 SF
Year Built

1984
For Sale

$899,000
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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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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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Dana Motors Business & Real Estate

2046 Grand Ave, East Central Billings, Billings, MT
Property

Retail

7,520 SF
Year Built

1988
For Sale

$2,495,000
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Dana Motors Property

2046 Grand Ave, East Central Billings, Billings, MT
Property

Retail

7,520 SF
Year Built

1971
For Sale

$1,995,000
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Billings I-90 Exit - Ground Lease

4780 King Ave E, Southwest Corridor, Billings, MT
Property

VacantLand

3,822 SF
Availability

1 Space

152,503 SF
Year Built

1997
For Lease

$1.75/SF/YR
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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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546 S 18th St Warehouse

546 S 18th St West, East Central Billings, Billings, MT
Property

Industrial

14,300 SF
Availability

1 Space

14,300 SF
Year Built

1999
For Lease

$8.50/SF/YR
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1601 Lewis

1601 Lewis, East Central Billings, Billings, MT
Property

Office

36,348 SF
Availability

2 Spaces

2,377 SF
Year Built

1982
For Lease

$10.00/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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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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3333 Hesper Road

3333 Hesper Road, West Billings, Billings, MT
Property

Office

52,702 SF
Availability

1 Space

16,874 SF
Year Built

2008
For Lease

$18.00/SF/YR
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3470 Gabel Road

3470 Gabel Road, West Billings, Billings, MT
Property

Office

11,540 SF
Availability

1 Space

2,745 SF
Year Built

2008
For Lease

$16.00/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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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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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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13th Street Warehouse

1300 6th Avenue North , North Park, Billings, MT
Property

Industrial

90,926 SF
Availability

1 Space

90,926 SF
Year Built

1952
For Lease

$4.50/SF/YR
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2790 Gabel Road

2790 Gabel Road, West Billings, Billings, MT
Property

Industrial

9,600 SF
For Sale

$3,500,000
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823 E Man Cave St

823 E Man Cave St, Tanglewood Lake Estates, Billings, MT
Property

Industrial

7,200 SF
For Sale

$599,000
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2207 Central Ave

2207 Central Ave, East Central Billings, Billings, MT
Property

Multi-Family

11,495 SF
Year Built

1969
For Sale

$3,120,000
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Paint Doctor

1005 Main St, Billings Heights, Billings, MT
Property

Industrial

6,500 SF
For Sale

$1,300,000
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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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2123 2nd Ave N

2123 2nd Ave N, North Park, Billings, MT
Property

Office

2,837 SF
Availability

1 Space

2,837 SF
Year Built

1950
For Lease

$14.00/SF/YR
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719 4th Ave N

719 4th Ave N, South Side Billings, Billings, MT
Property

Industrial

10,640 SF
Availability

1 Space

10,640 SF
Year Built

1955
For Lease

$5.50/SF/YR
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1327 Central Ave

1327 Central Ave, East Central Billings, Billings, MT
Property

Retail

2,304 SF
Year Built

1959
For Sale

$369,000
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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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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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