Billings, MT Commercial Real Estate for Lease and Sale

Explore 178 listings of Billings commercial real estate for lease and for sale to find the best space for your business.

CRE Market FAQs

1812 Monad Road

1812 Monad Road, East Central Billings, Billings, MT
Property

Industrial

6,136 SF
Year Built

1976
For Sale

$1,200,000
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8122 Stillwater Dr

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

Other

1,152 SF
Availability

1 Space

1,152 SF
For Lease

$775.00/MO
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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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1625 2nd Ave N

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

VacantLand
For Sale

$450,000
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Broadwater Office Suite

2045 Broadwater Avenue, East Central Billings, Billings, MT
Property

Office

6,144 SF
Availability

1 Space

941 SF
Year Built

2008
For Lease

$16.00/SF/YR
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2110 Overland Avenue - Business Center One

2110 Overland Avenue, West Billings, Billings, MT
Property

Office

58,168 SF
Availability

6 Spaces

14,795 SF
Year Built

1984
For Lease

$8.00 - $9.00/SF/YR
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14 S 27th St

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

Retail

3,100 SF
Availability

1 Space

3,100 SF
Year Built

1930
For Lease

$2,000.00/MO
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City Brew Coffee

1325 5th St W, North Elevation, Billings, MT
Property

Retail

865 SF
Year Built

2022
For Sale

$1,885,000
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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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1212 Central Ave

1212 Central Ave, East Central Billings, Billings, MT
Property

Office

4,595 SF
Availability

2 Spaces

4,595 SF
For Lease

$11.00/SF/YR
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2146 Old Hardin Rd

2146 Old Hardin Rd, Lockwood, Billings, MT
Property

Industrial

7,842 SF
Availability

1 Space

7,845 SF
For Lease

$7.25/SF/YR
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Zimmerman Lots: Lot 4

Zimmerman Trail, Northwest Shiloh, Billings, MT
Property

VacantLand
For Sale

$926,259.84
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2223 Montana Ave

2223 Montana Ave, North Park, Billings, MT
Property

Other

1,442 SF
Availability

1 Space

1,442 SF
For Lease

$995.00/MO
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Dickie Rd

Dickie Rd, Lockwood, Billings, MT
Property

VacantLand
For Sale

$740,000
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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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2010 Grand Ave

2010 Grand Ave, East Central Billings, Billings, MT
Property

Retail

9,048 SF
Availability

1 Space

1,300 SF
Year Built

1983
For Lease

$2,049.00/MO
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3465 A J Way

3465 A J Way, Rimrock, Billings, MT
Property

Industrial

13,650 SF
Availability

1 Space

13,650 SF
For Lease

$2,700.00/MO
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5056 & 5110 Jellison Rd.

5056 Jellison Rd, Blue Creek - Duck Creek, Billings, MT
Property

Industrial

17,988 SF
For Sale

$1,595,000
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4240 Neibauer Rd

4240 Neibauer Rd, Conrad Park, Billings, MT
Property

Industrial

9,600 SF
Availability

1 Space

9,600 SF
Year Built

2024
For Lease

$13.00/SF/YR
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130 Moore Ln

130 Moore Ln, Central - Terry, Billings, MT
Property

VacantLand
For Sale

$360,000
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2702 Montana Ave

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

Office

1,450 SF
Availability

1 Space

1,450 SF
For Lease

$11.25/SF/YR
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711 Central Ave

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

Office

33,348 SF
Availability

1 Space

33,348 SF
For Lease

$12.00/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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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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1601 Lewis

1601 Lewis, East Central Billings, Billings, MT
Property

Office

36,348 SF
Availability

2 Spaces

5,126 SF
Year Built

1982
For Lease

$10.00 - $10.75/SF/YR
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130 Moore Ln

130 Moore Ln, Central - Terry, Billings, MT
Property

VacantLand

1,000 Acre
Availability

1 Space

1.18 Acre
For Lease

$3,900.00/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 998,791 square feet of office space across 61 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 355,806 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 767,971 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 528,878 square feet of available listings. Office space available in Billings adds up to 378,376 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 $12.49 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 East Central Billings 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 $26 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 26,284 square feet.
Retail properties here incorporate an average of 20,930 square feet.
Industrial space in Billings is in buildings that are, on average 18,286 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 1,057,933 square feet. The market offers 50 active office listing(s), which amount to 378,376 square feet and account for 49% of commercial spaces on the market. Local retail availability includes 96,684 square feet across 18 retail space(s). Industrial space for rent opportunities in Billings amount to 528,878 square feet across a total of 30 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	50	378,376
Retail	18	96,684
Industrial	30	528,878
Other	4	53,995

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 1,184,748 square feet of commercial property for sale here , which includes 9 office building(s) for sale , 8 retail investment opportunity listing(s) , and 30 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	9	108,178
Retail	8	172,921
Industrial	30	346,573
Other	55	557,076

Billings, MT Commercial Real Estate for Lease and Sale

1812 Monad Road

8122 Stillwater Dr

344 Grand Ave

1625 2nd Ave N

Broadwater Office Suite

2110 Overland Avenue - Business Center One

14 S 27th St

City Brew Coffee

2223 Montana Ave

1212 Central Ave

2146 Old Hardin Rd

Zimmerman Lots: Lot 4

2223 Montana Ave

Dickie Rd

13th Street Warehouse

2010 Grand Ave

3465 A J Way

5056 & 5110 Jellison Rd.

4240 Neibauer Rd

130 Moore Ln

2702 Montana Ave

711 Central Ave

719 4th Ave N

3333 Hesper Road

1601 Lewis

130 Moore Ln

Frequently Asked Questions

Billings, MT Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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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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About us