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56th St W & Grand Ave
Billings, MT 59106
Asking Price
$1.57M
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 2 acres <p>Prime Retail Visibility: High-traffic corner location on Grand Ave with 269 LF of frontage, offering exceptional signage exposure and ingress/egress flexibility. </p><p>Established Trade: Area Surrounded by proven retail anchors including Albertsons (54th & Grand Ave), Western Security Bank, First Interstate Bank, Diamond X Brewery, and The Den Lounge. </p><p>Residential Demand Driver: Directly adjacent to the Cottonwood Subdivision and within easy walking distance of Ben Steele Middle School
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NOI
$80,000
Cap Rate
5.10%
DSCR
0.86
Underwater
Cash-on-Cash
-2.78%
Monthly Payment
$7,758.4
Annual Cash Flow
$-13,100.801
