904 E Toy Storage St

Located in Shop World on Billings’ west end near 80th St W & King Ave W, this shop is surrounded by similar storage and business-use buildings. It sits outside city limits with quick access to King Ave W and West End amenities.This fully leased three-bay shop building in Shop World offers dependable income in one of Billings’ most in-demand shop communities. Offered at $390,550, the 3,456 sq ft building is divided into three 24' x 48' bays of 1,152 sq ft each. Every unit has its own separately metered utilities. All three bays are currently leased at $750/month each, for $2,250 in monthly rent and $27,000 in gross annual income. Owner expenses are minimal: an annual HOA of $450 and property taxes of $1,046.80. Because each unit is individually metered, operating costs stay low and management is simple. Based on current rents, HOA, and taxes, the property offers a 6.53% cap rate. This figure excludes insurance, which will vary by buyer. Demand for shop space on Billings’ west end keeps growing, and well-located Shop World units rarely sit empty. This is a turnkey, low-maintenance investment with immediate cash flow. It also gives an owner-user the option to occupy one bay later while the remaining two help cover the costs.