Billings, MT Commercial Real Estate for Lease and Sale

Explore 227 listings of Billings commercial real estate to find the best space for your business.

Turnkey Restaurant Operation

1603 Grand Avenue, Suite 145 , North Park, Billings, MT
Property

Retail

6,260 SF
Year Built

1961
For Sale

$500,000
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3221 Peregrine Ln

3221 Peregrine 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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2223 Montana Ave

2223 Montana Ave, North Park, Billings, MT
Property

Retail

1,750 SF
Availability

1 Space

1,750 SF
For Lease

$2,647.00/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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Office Coworking Retail Industrial

Office Retail Industrial Land
Canyon Creek Retail Center

Shiloh Road, I-90 & Zoo Drive, West Billings, Billings, MT
Property

VacantLand
For Sale

$784,864
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1215 24th St W

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

Office

809 SF
Availability

1 Space

809 SF
For Lease

$11.45/SF/YR
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1201 Grand Ave

1201 Grand Ave, Highland, Billings, MT
Property

Retail

5,168 SF
Availability

1 Space

5,168 SF
For Lease

$15.00/SF/YR
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350 S Billings Blvd

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

Industrial

2,500 SF
Availability

1 Space

2,500 SF
Year Built

1994
For Lease

$2,340.00/MO
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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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Meadow View Dr

Meadow View Dr, West Billings, Billings, MT
Property

Other
For Sale

$775,000
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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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Gabel Rd Office Development

1336 Discovery Dr, 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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1108 Broadwater Ave

1108 Broadwater Ave, East Central Billings, Billings, MT
Property

Retail

2,250 SF
Availability

1 Space

2,250 SF
Year Built

1952
For Lease

$2,090.00 - $3,750.00/MO
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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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3429 Central Ave

3429 Central Ave, Centennial Park, Billings, MT
Property

Office

1,245 SF
Availability

1 Space

1,245 SF
Year Built

2006
For Lease

$2,352.00/MO
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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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Main St

Main St, East Central Billings, Billings, MT
Property

VacantLand
For Sale

$931,226
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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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750 Southgate Dr - Billings MT

750 Southgate Dr, Southwest Corridor, Billings, MT
Property

Other

2,768 SF
Year Built

2014
For Sale

$2,761,905
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3135 Meadow View Dr

3135 Meadow View Dr, West Billings, Billings, MT
Property

Other

240 SF
For Sale

$79,000
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MT, Billings - N 29th St
Regus
208 North 29th Street 2nd Floor, Billings, MT
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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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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743 Calhoun Ln

743 Calhoun Ln, Southwest Corridor, Billings, MT
Property

VacantLand
For Sale

$2,877,000
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1302 Avenue D

1302 Avenue D, North Central Billings, Billings, MT
Property

Office

1,350 SF
Availability

1 Space

1,350 SF
For Lease

$15.55/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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Zimmerman Lots: Lot 2

Zimmerman Trail, Northwest Shiloh, Billings, MT
Property

VacantLand
For Sale

$2,618,043.12
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3412 Colton Blvd

3412 Colton Blvd, Northwest Shiloh, Billings, MT
Property

Office

21,731 SF
Availability

3 Spaces

7,179 SF
Year Built

2023
For Lease

$29.00/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

7,237 SF
Year Built

1980
For Lease

$16.00/SF/YR
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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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2601 Minnesota Avenue

2601 Minnesota Avenue, South Side Billings, Billings, MT
Property

Retail

6,700 SF
Year Built

1930
For Sale

$745,000
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Customizable Shops

80th St. W, 80th Street Estates - West Meadows, Billings, MT
Property

Industrial

1,152 SF
Year Built

2023
For Sale

$104,832
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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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727 Bench Blvd

727 Bench Blvd, Billings Heights, Billings, MT
Property

VacantLand
For Sale

$655,000
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719 Dunham Avenue

719 Dunham Avenue, Central - Terry, Billings, MT
Property

Industrial

17,000 SF
Availability

2 Spaces

17,000 SF
For Lease

$7.00 - $8.00/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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608 N. 29th St.

608 N. 29th St, Downtown Billings, Billings, MT
Property

Office

4,400 SF
Availability

1 Space

4,400 SF
Year Built

1912
For Lease

$18.50/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

$450,000
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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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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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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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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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Colton Office Condo's

3442 Colton Boulevard, Northwest Shiloh, Billings, MT
Property

Office

22,000 SF
Year Built

2025
For Sale

$7,590,000
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915 2nd Ave N

915 2nd Ave N, South Side Billings, Billings, MT
Property

Industrial

33,572 SF
Availability

1 Space

2,413 SF
Year Built

1957
For Lease

$8.50/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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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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1668 Gleneagles Blvd

1668 Gleneagles Blvd, Billings Heights, Billings, MT
Property

Office

1,000 SF
Availability

1 Space

1,000 SF
Year Built

2008
For Lease

$1,800.00/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

$14.00/SF/YR
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408 Custer Ave Shop

408 Custer Ave, Central - Terry, Billings, MT
Property

Industrial

2,920 SF
Year Built

1947
For Sale

$265,000
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801 14th St W

801 14th St W, East Central Billings, Billings, MT
Property

Industrial

2,990 SF
Availability

1 Space

2,990 SF
Year Built

1943
For Lease

$2,916.00/MO
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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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1403 1st Ave N

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

VacantLand
For Sale

$483,875
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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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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 1,300,837 square feet. The market offers 58 active office listing(s), which amount to 324,142 square feet and account for 42% of commercial spaces on the market. Local retail availability includes 147,170 square feet across 27 retail space(s). Industrial space for rent opportunities in Billings amount to 529,572 square feet across a total of 45 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	58	324,142
Retail	27	147,170
Industrial	45	529,572
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 920,072 square feet of commercial property for sale here , which includes 13 office building(s) for sale , 14 retail investment opportunity listing(s) , and 23 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	13	238,182
Retail	14	224,161
Industrial	23	285,044
Other	43	172,685

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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