What is the asking price for 416 Lake Elmo Dr?

The lease rate for space here is $699,000.

What is the total size of 416 Lake Elmo Dr?

The property has a total square footage of 2,015 SF.

When was this property built?

416 Lake Elmo Dr was built in 1984.

How many parking spaces are available at 416 Lake Elmo Dr?

Parking information for the property isn't currently listed. However, other nearby parking options include Interstate Bank Parking Lot, located 1.50 miles away , and DOI Parking Lot, which is 1.58 miles away.

416 Lake Elmo Dr, Billings, MT 59105

For Sale $699,000
Property Type Retail - Restaurant
Property Size 2,015 SF
Lot Size 0.32 Acre
Year Built 1984
Date Updated Nov 7, 2026

Description

Discover an investment opportunity at 416 Lake Elmo Drive in Billings, Montana. Home to Yellowstone Casino, this established commercial property offers investors the opportunity to acquire real estate occupied by an existing business. The sale includes the real estate only, with Yellowstone Casino remaining in operation at the location. Situated within the established Billings Heights commercial market, the property offers an attractive opportunity for investors seeking to expand their commercial real estate portfolio. With an existing business presence and convenient access to major retail and commercial amenities, this property presents long-term investment potential. Located near the intersection of Lake Elmo Drive and Main Street, 416 Lake Elmo Drive is positioned within one of Billings Heights' established commercial corridors. With convenient access to Main Street and nearby shopping, dining, and residential neighborhoods, the property benefits from its location within an active commercial district. This established setting presents an attractive opportunity for businesses and investors seeking a presence in the Billings Heights market. Highlights: Property for Sale – Existing Business to Remain. Business Not Included. Building Size: 2,015 SF Lot Size: 0.32 Acres Traffic Count: 10,142 AADT Prime Heights Location Convenient access to Main Street, a major Billings Heights thoroughfare Cap Rate: 7.7%