Billings, MT Commercial Real Estate for Lease and Sale

Explore 264 listings of Billings commercial real estate to find the best space for your business.

Minnesota Ave Historic Property

2712 Minnesota Ave, South Side Billings, Billings, MT
Property

Retail

12,231 SF
Year Built

1894
For Sale

$295,000
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3088 Gabel Rd

3088 Gabel Rd, West Billings, Billings, MT
Property

Industrial

13,000 SF
For Sale

$2,200,000
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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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27 N 27th Street

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

Office

15,925 SF
Availability

4 Spaces

7,666 SF
Year Built

1980
For Lease

$16.00/SF/YR
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Office Coworking Retail Industrial

Office Retail Industrial Land
Premier Dog Kennel

59102, North Central Billings, Premier Dog Kennel, MT
Property

Other

9,000 SF
For Sale

$2,465,000
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1707 4th Ave N

1707 4th Ave N, North Park, Billings, MT
Property

Industrial

19,800 SF
Availability

1 Space

4,800 SF
Year Built

1961
For Lease

$3,900.00/MO
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848 Main St - Suite A2/A3

848 Main St, Billings Heights, Billings, MT
Property

Office

1,590 SF
Year Built

1984
For Sale

$206,700
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Copper Square

62nd and Rimrock Road, Northwest Shiloh, Billings, MT
Property

Retail
Availability

1 Space

1 SF
For Lease Contact for pricing
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848 Main St - Suite B2/B3

848 Main St, Billings Heights, Billings, MT
Property

Office

1,890 SF
Year Built

1984
For Sale

$179,550
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1201 Grand Ave

1201 Grand Ave, Highland, Billings, MT
Property

Office

5,168 SF
Availability

1 Space

5,168 SF
Year Built

1980
For Lease

$15.00/SF/YR
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Montana Paint Building

2610 Montana Avenue, South Side Billings, Billings, MT
Property

Retail

15,000 SF
Year Built

1915
For Sale

$575,000
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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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Off Main Square

520 Wicks Lane, Billings Heights, Billings, MT
Property

Retail

21,261 SF
Availability

3 Spaces

4,636 SF
Year Built

1983
For Lease

$8.00/SF/YR
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Broso Valley Subdivision

Gabel Road and Zoo Drive, West Billings, Billings, MT
Property

VacantLand
For Sale

Subject To Offer
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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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Becraft Lane

Becraft Lane, Lockwood, Billings, MT
Property

VacantLand
For Sale

$3.50-$5.50/SF
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LK Jones Professional Building

502 Wicks Lane, Billings Heights, Billings, MT
Property

Office

14,370 SF
Availability

2 Spaces

3,495 SF
Year Built

2024
For Lease

$26.00/SF/YR
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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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1110 Broadwater Ave

1110 Broadwater Ave, East Central Billings, Billings, MT
Property

Other

2,798 SF
Availability

1 Space

2,798 SF
Year Built

1952
For Lease

$4,663.00/MO
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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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22nd & Lewis

2202 Lewis Avenue, East Central Billings, Billings, MT
Property

Multi-Family

6,480 SF
Year Built

1970
For Sale

$1,179,000
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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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51 Foster Ln

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

Industrial

450 SF
Availability

1 Space

450 SF
For Lease

$495.00/MO
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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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1617 1st Ave N

1617 1st Ave N, North Park, Billings, MT
Property

VacantLand

90,000 Acre
For Sale

$2,250,000
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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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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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Shop World Lots

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

VacantLand
For Sale

$52,000
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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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2602 1st Avenue N

2602 1st Avenue N, North Park, Billings, MT
Property

Office

155 SF
Availability

1 Space

780 SF
Year Built

1960
For Lease

$12.00/SF/YR
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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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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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2048 Overland Ave

2048 Overland Ave, West Billings, Billings, MT
Property

Office

171 SF
Availability

1 Space

171 SF
Year Built

1984
For Lease

$600.00/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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6512 Western Way

6512 Western Way, 80th Street Estates - West Meadows, Billings, MT
Property

Industrial

3,876 SF
Availability

4 Spaces

11,352 SF
For Lease

$11.50/SF/YR
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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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Oliver Building

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

Office

4,868 SF
For Sale

$800,000
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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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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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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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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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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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3333 2nd Ave N

3333 2nd Ave N, Downtown Billings, Billings, MT
Property

Office

12,864 SF
Availability

2 Spaces

2,222 SF
Year Built

1985
For Lease

$14.00/SF/YR
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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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5509 King Ave E

5509 King Ave E, Southwest Corridor, Billings, MT
Property

Industrial

14,560 SF
Availability

1 Space

14,560 SF
For Lease

$9.50/SF/YR
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4127 2nd Avenue South

4127 2nd Avenue South, South Side Billings, Billings, MT
Property

Industrial

55,450 SF
Availability

1 Space

11,438 SF
Year Built

1950
For Lease

$4.25/SF/YR
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Wilcox Building

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

Office

15,802 SF
Availability

5 Spaces

6,596 SF
Year Built

1954
For Lease

$450.00 - $7,900.00/MO
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4778 Helfrick Rd

4778 Helfrick Rd, Greater Billings, Billings, MT
Property

VacantLand
For Sale

$700,000
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5541 Knox Avenue

5541 Knox Avenue, Conrad Park, Billings, MT
Property

Industrial

12,000 SF
For Sale

$1,850,000
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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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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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175 N 27th Street

175 N 27th Street , North Park, Billings, MT
Property

Office

136,868 SF
Availability

5 Spaces

15,053 SF
Year Built

1977
For Lease Contact for pricing
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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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