1643 24th St W #4, 5, & 6, Billings, MT
Office for Sale - $358,100 - 3,747 Sq. Ft.
Agent Info
| Nathan Matelich Coldwell Banker Commercial CBS |
Property Info
| CIMLS# | 1186113 |
| Location 1643 24th St W #4, 5, & 6 Billings MT 59102 | |
| Updated | January 7th, 2026 |
| Type | Office |
| Price | $358,100 |
| Building | 3,747 Sq. Ft. |
Property Description
3,747 SF Office Condo Investment Property For Sale $358,100 8% Cap Rate Net Operating Income = $28,647 Tenant is a National Tenant: TRC (www.trccompanies.com/) 6 Private Offices Conference Room Break Room Reception Area Open Cubicle Area/Work Space
TRC is leading global consulting, engineering & construction management firm with over 150 offices and 8,000 employees. Sale includes 3 office condos in the Forest Park Professional Center that have been combined into 1 single office for TRC. TRC has been a tenant in Forest Park Professional Center for close to a decade. In 2021, TRC grew from occupying 2 units to occupying 3 units at which time they signed a 5 year lease with a 3 year option to renew. TRC’s office space was remodeled in 2021 to suit their needs. With a national tenant, high cap rate and condo association that takes care of all common area maintenance (lawn, snow, building exterior & common area halls/bathrooms), this is a great, low maintenance investment property for new and seasoned investors alike.
