Investment Overview
303 North Broadway is an iconic 8-story high-rise located in the heart of Downtown Billings, Montana’s largest city. Originally constructed in 1954 and remodeled in 2001, the ±117,141 square foot building presents a unique repositioning opportunity. The structure is anchored by US Bank, which currently occupies the first two floors. The balance of the building is largely vacant and facing extensive deferred maintenance, offering significant upside for value-add investors, hospitality/multifamily redevelopers, and institutions seeking a prime urban location.
Investment Highlights
- Building Size: 117,141 SF across 8 stories
- Year Built: 1954 (remodeled 2001)
- Current Use: Office/Bank (US Bank occupies 1st & 2nd floors)
- Owner: Montana MAP LLC
- Lot Size: ±28,364 SF with approximately (10,500 SF of lease hold land interest)
- Zoning: Central Business District
- Annual Taxes (2024): $26,784.89
- Occupancy: 24.21%