Billings, MT Commercial Real Estate for Lease and Sale

Explore 223 listings of Billings commercial real estate to find the best space for your business.

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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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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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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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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Office Coworking Retail Industrial

Office Retail Industrial Land
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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Dana Motors Business & Real Estate

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

Retail

7,520 SF
Year Built

1988
For Sale

$2,795,000
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2108 Broadwater Ave

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

Office

940 SF
Availability

1 Space

940 SF
Year Built

1980
For Lease

$1,375.00/MO
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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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6807 Danford Rd

6807 Danford Rd, Cowboy Country Acres - Linlee Lake Estates, Billings, MT
Property

VacantLand
For Sale

$2,310,000
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2048 Overland Ave

2048 Overland Ave, West Billings, Billings, MT
Property

Office

12,387 SF
Availability

1 Space

12,387 SF
Year Built

1984
For Lease

$400.00/MO
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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

$450,000
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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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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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Shop World Lots

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

VacantLand
For Sale

$99,900
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830 W Toy Storage St

830 W Toy Storage St, Tanglewood Lake Estates, Billings, MT
Property

Industrial

3,456 SF
Availability

2 Spaces

2,304 SF
Year Built

2022
For Lease

$745.00/MO
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TBD Niehenke Ave

TBD Niehenke Ave, Blue Creek - Duck Creek, Billings, MT
Property

Industrial

16,800 SF
Year Built

2024
For Sale

$2,600,000
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1430 Country Manor Blvd Suite 7

1430 Country Manor Blvd Suite 7, Northwest Shiloh, Billings, MT
Property

Retail

1,664 SF
For Sale

$375,000
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4025 1st Ave S

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

Industrial
Availability

1 Space

11,160 SF
Year Built

1973
For Lease

$9,532.50/MO
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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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2110 Overland Avenue - Business Center One

2110 Overland Avenue, West Billings, Billings, MT
Property

Office

72,598 SF
Year Built

1984
For Sale

$6,500,000
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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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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

$750,000
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1403 1st Ave N

1403 1st Ave N, North Park, Billings, MT
Property

VacantLand
For Sale

$483,875
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1440 Grand Ave

1440 Grand Ave, East Central Billings, Billings, MT
Property

Office

1,520 SF
Availability

1 Space

1,520 SF
Year Built

1961
For Lease

$13.75/SF/YR
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5443 Knox Ave

5443 Knox Ave, Conrad Park, Billings, MT
Property

Industrial

11,200 SF
Availability

1 Space

4,800 SF
For Lease

$7.50/SF/YR
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6875 Niehenke Avenue

6875 Niehenke Avenue, Blue Creek - Duck Creek, Billings, MT
Property

Industrial

7,500 SF
Availability

1 Space

960 SF
Year Built

2002
For Lease

$3,500.00/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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214 N 22nd St

214 North 22nd Street, North Park, Billings, MT
Property

Multi-Family

3,600 SF
Year Built

1957
For Sale

$372,000
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S 48th and King Ave West

S 48th and King Ave West , West Billings, Billings, MT
Property

Retail
For Sale

$4,427,000
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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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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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Shop World

844 E Toy Storage Road, Tanglewood Lake Estates, Billings, MT
Property

Industrial

1,152 SF
Availability

1 Space

1,152 SF
Year Built

2023
For Lease

$795.00/MO
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2075 Overland Ave

2075 Overland Ave, West Billings, Billings, MT
Property

Office
Availability

4 Spaces

17,009 SF
For Lease

$19.75/SF/YR
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1319 Main St

1319 Main St, Billings Heights, Billings, MT
Property

Retail

17,200 SF
Availability

1 Space

17,200 SF
For Lease

$7.50/SF/YR
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344 Grand Ave

344 Grand Ave, North Elevation, Billings, MT
Property

Retail

2,357 SF
Year Built

1928
For Sale

$220,000
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4449 Central Ave

4449 Central Ave, West Billings, Billings, MT
Property

VacantLand
For Sale

$5,349,330
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1215 24th St W

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

Office

475 SF
Availability

1 Space

475 SF
For Lease

$11.45/SF/YR
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4342 King Ave W

4342 King Ave W, West Billings, Billings, MT
Property

Land
For Sale

$9,192,815
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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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5541 Knox Avenue

5541 Knox Avenue, Conrad Park, Billings, MT
Property

Industrial

12,000 SF
Availability

1 Space

12,000 SF
For Lease

$9.00/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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1050 S 24th St W

1050 S 24th St W, West Billings, Billings, MT
Property

Office

2,250 SF
Availability

1 Space

2,250 SF
For Lease

$15.00/SF/YR
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145 Regal Street

145 Regal Street, East Central Billings, Billings, MT
Property

Industrial

21,000 SF
Availability

2 Spaces

6,345 SF
For Lease

$2,050.00 - $3,600.00/MO
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7800 Shorey Rd

7800 Shorey Rd, Rimrock, Billings, MT
Property

Industrial

5,505 SF
Availability

1 Space

5,500 SF
Year Built

2007
For Lease

$22.00/SF/YR
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1035 Island Park Rd

1035 Island Park Rd, Lockwood, Billings, MT
Property

VacantLand
For Sale

$392,040
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Main St

Main St, East Central Billings, Billings, MT
Property

VacantLand
For Sale

$931,226
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4330 King Ave W

4330 King Ave W, West Billings, Billings, MT
Property

VacantLand
For Sale

$999,000
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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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Secure-It Mini Storage

533 S. 20th Street, East Central Billings, Billings, MT
Property

Industrial

60,679 SF
Year Built

1979
For Sale

$4,950,000
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4480 King Avenue East

4480 King Avenue East, Southwest Corridor, Billings, MT
Property

Retail

4,508 SF
For Sale

$4,455,000
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S 27th St

S 27th St, South Side Billings, Billings, MT
Property

Retail

530 SF
Availability

1 Space

530 SF
Year Built

1930
For Lease

$700.00/MO
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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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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 1,068,030 square feet of office space across 64 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 408,678 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 693,726 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 486,762 square feet of available listings. Office space available in Billings adds up to 316,150 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 $12.52 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 $22 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 22,725 square feet.
Retail properties here incorporate an average of 14,596 square feet.
Industrial space in Billings is in buildings that are, on average 18,750 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 1,245,859 square feet. The market offers 49 active office listing(s), which amount to 324,581 square feet and account for 42% of commercial spaces on the market. Local retail availability includes 145,411 square feet across 26 retail space(s). Industrial space for rent opportunities in Billings amount to 474,762 square feet across a total of 33 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	49	324,581
Retail	26	145,411
Industrial	33	474,762
Other	7	301,105

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 950,544 square feet of commercial property for sale here , which includes 11 office building(s) for sale , 13 retail investment opportunity listing(s) , and 17 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	11	147,773
Retail	13	208,117
Industrial	17	226,116
Other	45	368,538

Billings, MT Commercial Real Estate for Lease and Sale

What type of listing property are you looking for?

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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