Retail•Street Retail•For Sale

Broadwater Center Investment

928 Broadwater Ave, Billings, Montana 59101

Sale Price $2,095,000
Zoning Community Commercial
Bldg Type Multi-Tenant
Year Built 1954
Stories 2
Gross Bldg 34,806 SqFt
Land Area .8 Acres
Investment opportunity on large retail/office building centrally located with traffic count of over 15,000 cars per day. 9.25% CAP. Located in mid-town Billings with convenient access to both downtown and Billings' west end. The subject property is located on a main arterial with good visibility and excellent ingress and egress.
  • Mixed Use Investment Opportunity
  • Office & Retail Tenants
  • Long Tenured Tenants
  • Masonry Construction
  • Recent Upgrades/Repairs Including: New Dryvit on front 2015, Newer AC Units, Recent Boiler Work Performed, Asphalt Patched & Resealed 2019
  • New Roof Scheduled for Install in March
  • For Sale: $2,095,000 (9.25% CAP Rate)
  • 3 Floor Elevator
  • ~60% Interior Lighting is LED
  • Parking was Patched, Resealed, and Restriped Sept 2019
1/27/2020 8:02:44 PM 4/2/2020 7:24:34 PM
Ethan Kanning
Commercial Sales Agent
NAI Business Properties
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