$2,800,000
( )
 $15,031 est/mo Sourced by Back At You

410 Bernard , Billings, MT 59101

Billings, MT 59101

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Description

Great industrial investment opportunity that’s had a long term tenant and a new 5 year lease just put in place offering a 7% CAP rate. Rent escalators in 2026 and 2028, which will be an average of the 2 years CPI adjustment. Situated in a prime west Billings location with good visibility and access to everything, the 3+ acre property includes a paved and fenced storage yard and ample office parking. New 5 year lease through 11/30/2029 at $198k NOI, NN with owner responsible only for some property maintenance. Approx 5600 sq ft of office and 29,200 sq ft of shop space, featuring 9 overhead doors, wash bay, 3 phase power, large open reception area with cubicles, 9 private offices (many oversized with 2 desks) conference room, break room, locker room, 2 bathrooms (1 newly remodeled ADA bathroom). Over $300k in recent updates including roof, bathroom, all new LED lighting and asphalt.

Details

MLS#351162
Listing TypeFor Sale
StatusActive
Year1965
Days On Site10
Listing Provided ByTHE Agency Montana | Lauren Bond

Features

SQ Feet34,800
Story(s)1
ZoningLight Industrial
Acreage3.17
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Billings Association of Realtors® MLS.

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Learn More About This Property

Korynne Kern

Korynne Kern

PureWest Real Estate

RRE-BRO-LIC-79574 (406) 591-2160Contact Me Form Link
StateMT
CountyYellowstone
CityBillings
Zip Code59101
Area(08) West Billings
Community NameBurlington Northern
Listing VS Median (In Burlington Northern)
Price:
$2,800,000
low | high
Med:
$2,800,000
50% of Average
SqFt:
34,800
low | high
Med:
34,800
50% of Average
$ / SqFt:
$80
low | high
Med:
$80
50% of Average
On site:
10
low | high
Med:
10.000000
100% of Average
Sourced by Back At You
Listing Updated: March 12, 2025 at 7:07:40 PM PDT

Korynne Kern  |  (406) 591-2160  |  RRE-BRO-LIC-79574
Billings - 525 Henry Chapple St, Ste 1, Billings, Montana 59102



All information is deemed reliable; however, it is not guaranteed and should be independently verified. Real Estate offerings are subject to error, omissions, prior sale, change, withdrawal without notice and approval of seller. Properties are provided courtesy of Big Sky Country MLS. 
The information is being provided by Montana Regional MLS. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Montana Regional MLS. All Rights Reserved.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Billings Association of Realtors® MLS.
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