Billings, MT Commercial Real Estate for Lease and Sale

Explore 255 listings of Billings commercial real estate to find the best space for your business.

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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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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Main Street Professional Center

848 Main St, Billings Heights, Billings, MT
Property

Office

16,200 SF
Year Built

1984
For Sale

$899,000
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2528 Grand Ave

2528 Grand Ave, East Central Billings, Billings, MT
Property

Retail

1,456 SF
Availability

1 Space

1,456 SF
For Lease Contact for pricing
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Office Coworking Retail Industrial

Office Retail Industrial Land
643 Grand Ave

643 Grand Ave, Highland, Billings, MT
Property

Office

2,643 SF
Availability

1 Space

2,643 SF
For Lease

$595.00/MO
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1625 2nd Ave N

1625 2nd Ave N, North Park, Billings, MT
Property

VacantLand
For Sale

$450,000
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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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2019 Montana Ave

2019 Montana Ave, North Park, Billings, MT
Property

Industrial

34,820 SF
Availability

1 Space

1,014 SF
For Lease

$1,036.00/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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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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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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Oliver Building

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

Office

4,868 SF
For Sale

$800,000
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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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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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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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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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TBD Shiloh Crossing Boulevard

1146 Shiloh Crossing Blvd, West Billings, Billings, MT
Property

VacantLand
For Sale

Subject To Offer
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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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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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5509 King Ave E

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

Industrial

14,560 SF
For Sale

$1,700,000
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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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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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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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3221 Pureview Ln

3221 Pureview Ln, Rimrock, Billings, MT
Property

Industrial

3,050 SF
Availability

1 Space

3,050 SF
For Lease

$11.00/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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2413 Montana Avenue
AG Collective
2413 Montana Avenue, Billings, MT
Services

Open Workspace

Event Space

Dedicated Desk
Amenities

Complimentary coffee & tea

Free water

Library

Printer

Projector

Snacks

Standing desks

TV/Monitor
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1170 S 29th St W

1170 S 29th St W, West Billings, Billings, MT
Property

Industrial

2,000 SF
Availability

1 Space

2,000 SF
For Lease

$1,600.00/MO
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2618 King Ave W

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

Retail

9,862 SF
Availability

2 Spaces

9,865 SF
For Lease

$15.00/SF/YR
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522 Jaque Lane

522 Jaque Lane, Billings Heights, Billings, MT
Property

VacantLand
For Sale

$498,000
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2950 King Ave W

2950 King Ave W, West Billings, Billings, MT
Property

Retail

3,166 SF
Availability

1 Space

3,166 SF
For Lease

$9.00/SF/YR
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1010 Central Ave

1010 Central Ave, Central - Terry, Billings, MT
Property

Retail

2,790 SF
Availability

1 Space

1,200 SF
For Lease Contact for pricing
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5365 Midland Rd

5365 Midland Rd, Southwest Corridor, Billings, MT
Property

VacantLand
For Sale

$890,000
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2602 1st Ave N

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

Retail

37,152 SF
Availability

1 Space

6,196 SF
For Lease Contact for pricing
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Behner Building

2822 3rd Ave, Downtown Billings, Billings, MT
Property

Office

29,326 SF
Availability

5 Spaces

3,263 SF
For Lease

$9.00 - $12.00/SF/YR
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2950 King Ave W

2950 King Ave W, West Billings, Billings MT, MT
Property

Retail

1,800 SF
Availability

1 Space

1,800 SF
Year Built

1998
For Lease

$18.00/SF/YR
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3028 South 53rd Street West

3028 South 53rd Street West, Conrad Park, Billings, MT
Property

Multi-Family

2,040 SF
For Sale

$1,023,000
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Rimrock Mall

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

Retail

5,000 SF
Availability

1 Space

5,000 SF
For Lease Contact for pricing
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302 S 29th St

302 S 29th St, South Side Billings, Billings, MT
Property

Other

2,732 SF
For Sale

$288,000
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720 Kenya St

720 Kenya St, 80th Street Estates - West Meadows, Billings, MT
Property

Industrial

1,466 SF
Year Built

2017
For Sale

$268,000
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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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1125 Maggie Ln

1125 Maggie Ln, Southwest Corridor, Billings, MT
Property

Industrial

3,400 SF
Availability

1 Space

3,400 SF
Year Built

1979
For Lease

$9.50/SF/MO
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1722 Lampman Dr

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

Office

5,384 SF
For Sale

$1,425,000
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4001 Montana Ave

4001 Montana Ave, Central - Terry, Billings, MT
Property

VacantLand
Availability

1 Space
For Lease

$1,500.00/MO
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2545 Central Avenue

2545 Central Avenue , East Central Billings, Billings, MT
Property

Retail

51,546 SF
Availability

1 Space

1,190 SF
For Lease

$16.00/SF/YR
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350 S Billings Blvd

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

Industrial

44,500 SF
Year Built

1994
For Sale

$4,005,000
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1170 S 29th St W

1170 S 29th St W, West Billings, Billings, MT
Property

Industrial

2,500 SF
Availability

1 Space

2,500 SF
For Lease

$850.00/MO
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Shop World Condos (11C & 11D)

8122 Stillwater Drive, 80th Street Estates - West Meadows, Billings, MT
Property

Industrial

2,304 SF
Availability

1 Space

1,152 SF
Year Built

2023
For Lease

$750.00/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 1,535,581 square feet. The market offers 66 active office listing(s), which amount to 363,604 square feet and account for 42% of commercial spaces on the market. Local retail availability includes 149,961 square feet across 28 retail space(s). Industrial space for rent opportunities in Billings amount to 722,063 square feet across a total of 57 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	66	363,604
Retail	28	149,961
Industrial	57	722,063
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 1,205,999 square feet of commercial property for sale here , which includes 13 office building(s) for sale , 14 retail investment opportunity listing(s) , and 22 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	13	234,318
Retail	14	283,986
Industrial	22	520,472
Other	42	167,223

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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