Central Ave Mall, Billings, MT

Retail for Sale - $9,850,000 - 58,678 Sq. Ft. on 9.2 acres


Agent Info

Nathan Matelich
Coldwell Banker Commercial CBS

Property Info

CIMLS#1066878
Location
  Central Ave Mall
  Billings MT 59102
UpdatedJanuary 31st, 2020
TypeRetail
Price$9,850,000
Building58,678 Sq. Ft.
Land9.2 acres

Contact


Property Description

Central Avenue Mall Price: $9,850,000 58,678 SF Gross Leasable Area Occupancy: 98.2% Total Site Area: 9.2 Acres Parking: +/- 427 Spaces RETAIL BUILDING: 100 N 24th St W • 37,314 SF Retail Building • 4.4 Acres of Land • 100% Occupancy • 7 Diversified Tenants • +/- 192 Parking Spots • Zoned Community Commercial • Large Pylon Sign • 30,000+ Cars Per Day (24th St W) • 17,000+ Cars Per Day (Central) • Long Term Anchor Tenants • Net Operating Income = $280,346 OFFICE BUILDING: 71 25th St W • 12,528 SF Office Building • 0.8 Acres of Land • 91.6% Occupancy • 9 Diversified Tenants • +/- 38 Parking Spots • Zoned Community Commercial • 30,000+ Cars Per Day (24th St W) • 17,000+ Cars Per Day (Central) • 1,050 to 2,100 SF Office Spaces • Net Operating Income = $106,140 RETAIL BUILDING: 2455 Central Ave • 8,836 SF Retail Building • 1 Acre of Land • 100% Occupancy • 1 Long Term Tenant • +/- 59 Parking Spots • Zoned Community Commercial • Large Pylon Sign • 30,000+ Cars Per Day (24th St W) • 17,000+ Cars Per Day (Central) • Net Operating Income = $119,901 DEVELOPMENT LAND: 100 N 24th St W (Development Land) • 2.95 Acres of Development Land • All City Services Available • Shovel Ready • +/- 138 Parking Spots • Zoned Community Commercial • Large Pylon Sign • City Brew Coffee Kiosk Ground Lease in Place • 30,000+ Cars Per Day (24th St W) • 17,000+ Cars Per Day (Central)