115 N Broadway, Billings, MT for sale

Investment Overview

You can buy the entire 4th floor of the historic Montana Power Building, built in 1912 in the core of downtown Billings. The floor is a single commercial condominium unit of ±6,126 SF with six private office suites from ±238 to ±2,200 SF. It is set up for an owner-user: Suite 410 (±2,200 SF) is delivered vacant at closing and Suites 404 and 406 are available now, giving ±2,680 SF for immediate occupancy. The seller will lease back Suite 408 for one year, and in-place tenant income about equals the floor's operating expenses. It also works as a multi-tenant office investment within walking distance of downtown restaurants, banks, courts and professional services.

Investment Highlights

• Year Built 1912
• Six Rental Suite (Owner User Availability)
• Historic Montana Power Building
• Core Downtown Location