645 Grand Ave, Billings, MT 59101 Billings, MT 59101

Property Highlights 6,620 SF of Commercial Space | Lower level (2,480 SF), main level (3,210 SF), plus a 930 SF second-level loft apartment 13,500 SF Corner Lot | Highly visible location at 7th St West and Grand Avenue at the peak of Grand Hill Grand Avenue Frontage | Strong daily traffic counts with exterior LED signage updated in 2024 Prime Location | Within 1 mile of downtown and Billings' medical corridor - walking distance to Senior High School and Pioneer Park 19 Private Parking Spaces | Plus additional street parking available Recently Updated | Fresh paint, new lighting, and updated flooring throughout Major Capital Items Addressed | Roof and skylights replaced 2020, hot water tank replaced 2025, HVAC well-maintained and in good condition Landscaping | Underground sprinkler system with established landscaping Security | Vivint security system and LED security lighting Seller Financing Available | Willing to consider seller financing for qualified buyers The Opportunity 645 Grand Avenue occupies a hard corner on Billings' primary east-west corridor, offering direct access to downtown, the medical corridor, and the surrounding commercial district. The building has been carefully maintained and the major capital items are already behind you - roof, skylights, hot water tank, HVAC, updated signage, and refreshed interiors - so a new owner can focus on what matters most: maximizing occupancy and growing the asset. The second-level loft apartment rounds out the property with a built-in additional income stream from day one. Investment Opportunity For the investor, 645 Grand Avenue presents a clear and compelling value-add play. The property offers multiple income streams across its commercial spaces and residential loft, with meaningful upside available through lease-up of vacant space or market-rate rent adjustments. The heavy lifting on capital expenditures has already been done, which compresses risk and accelerates the path to stabilized returns. Combined with a high-visibility Grand Avenue address, strong surrounding demand drivers - downtown, the medical corridor, Senior High School, and Pioneer Park - and seller financing available to qualified buyers, this is a great opportunity to acquire a well-maintained, income-producing asset with a clear growth story in one of Billings' most active commercial corridors.