1045 Central Avenue

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1045 Central Avenue

Billings, MT 59102
Asking Price
$500K
Asset Type
Traditional Office Office
Class
Class B

What's Special

Mixed Use Commercial Property with Office/Front Building Rear Warehouse Excellent Area Repurpose <p>Zoning is CX Heavy Commercial. High exposure Central avenue frontage and corner lot onto 11th St. Existing warehouse and office space. Was previously Reddi Electric. Can be repurposed with corner lot for ingress egress. Lots are 2 legals A20307 & A20306. City will consider other zoning options. </p>

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NOI
$80,000
Cap Rate
16.00%
DSCR
2.70
Strong
Cash-on-Cash
33.55%
Monthly Payment
$2,473.232
Annual Cash Flow
$50,321.211

Location & Travel Times