2712 Minnesota Avenue

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2712 Minnesota Avenue

Billings, MT 31503-8255
Asking Price
$299K
Asset Type
Retail
Class
Class B

What's Special

Retail | 12,231 SqFt <ul><li>​Approximately 12,231 SF total building space, with 5731 SF on Main Level, 3250 SF on upper level, and 3250 SF in basement, sitting on a 9,802 SF Lot, and located at 2712 Minnesota Avenue, Billings, MT</li><li>​Legal Description: Billings Original Townsite, S03,T01 S, R26 E, Block 190, Lot 11 and 12A (21) (Tax Code: A01285)</li><li>​Property currently is vacant, previously occupied by the Western Bar</li><li>​Property is zoned CBD-Central Business District</li><li>​ Property is a refurbi

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NOI
$80,000
Cap Rate
26.76%
DSCR
4.51
Strong
Cash-on-Cash
69.40%
Monthly Payment
$1,479.289
Annual Cash Flow
$62,248.534

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