Warehouses for sale in Billings, Montana, offer a unique investment opportunity for those looking to capitalize on the city's strong economy. As the most populous city in the state, Billings serves as a trade and distribution hub for much of eastern Montana, making it an attractive location for businesses and investors alike. Warehouses, in particular, represent a diverse range of investment opportunities, from industrial properties to commercial real estate. Whether you're looking to invest in a property for storage, manufacturing, or distribution, Billings has a lot to offer. The city's strategic location, with easy access to Interstate 90 and the Yellowstone River, makes it an ideal spot for businesses that rely on transportation and logistics. Additionally, Billings is home to a number of major corporations, including GE, Wells Fargo, and First Interstate Bank, which have established operations centers in the city's business parks and downtown core. With its strong economy, convenient location, and access to amenities like the Billings Town Square and West Park Promenade, Billings is a great place to invest in a warehouse.
With 2 warehouses for sale in Billings, there are plenty of options to choose from. Whether you're looking for a small storage facility or a large industrial property, Billings has a warehouse to suit your needs. In addition to warehouses, Billings also offers a range of other property types, including industrial properties, land, residential income homes, and commercial real estate. Industrial properties, like those found in the TransTech Center, offer opportunities for manufacturing and production, while land investments can provide a blank canvas for development. Residential income homes, on the other hand, can provide a steady stream of revenue through rental income. Meanwhile, commercial real estate, such as office buildings and retail spaces, can offer a diverse range of investment opportunities. With its strong economy and diverse range of property types, Billings is a great place to invest in real estate. From warehouses to commercial properties, there's something for everyone in this Montana city.
What are the key features investors look for in warehouses in Billings?
When searching for warehouses in Billings, investors typically look for properties that offer a combination of strategic location, flexible space, and attractive returns, with key features including:
- Proximity to major transportation hubs, such as the Billings Bus Terminal and Interstate 90, to facilitate easy distribution and logistics;
- Spacious and adaptable layouts, with average sizes ranging from 24,160 square feet to 39,880 square feet, to accommodate various business needs;
- Competitive pricing, with an average price per square foot of $124 USD and an average cap rate of 4.5%, to ensure a strong potential for returns on investment.
What size warehouses are available to buy in Billings?
Warehouses for sale in Billings range in size from approximately 24,160 square feet to 39,880 square feet, with an average price per square foot of $124 USD and an average cap rate of 4.5%, offering a variety of options for businesses and investors looking to establish or expand their operations in this strategic trade and distribution hub.
How much does it cost to buy a warehouse in Billings?
When it comes to buying a warehouse in Billings, the cost can vary depending on factors such as size, location, and condition, but on average, you can expect to pay around $124 USD per square foot, with the average warehouse size being around 24,160 square feet, and the largest available warehouse space being around 39,880 square feet, with an average cap rate of 4.5%, and with 2 available listings to choose from.
