Comm_Vol28_Num4

VOLUME 28

JULY/AUGUST 2026

NUMBER 4

WO E SNTTEARNNAMCOMMERCIAL O N T A N A edition M

PRSRT STD U.S. POSTAGE

WESTERN EDITION ONLINE

PAID

BILLINGS MT PERMIT NO.749

VISIT US ONLINE:

w w w .M o n t a n a C o mm e r c i a l R e a l E s t a t e . c o m OWNED & PRODUCED BY:

AGENCY 220 • 406-656-0608 • WWW.AGENCY220.COM

Something’s Coming.

Fall 2026

New and improved and part of the Your Montana Family. Keep your eyes peeled for dates and further details.

1631 Zimmerman Trail - Billings, MT 59102 $1,950,000 - 4,754 SQFT

Tyler Samson Commercial Sales Agent

406-294-6309 406-671-8257

tsamson@naibusinessproperties.com

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WWW.MONTANACOMMERCIALREALESTATE.COM EVAN MCCAW ® Broker/Partner 406-581-2213

MIKE DEVRIES ® Broker/Partner 406-580-2345

NATE DYK ® Sales Assoc.

406-539-1155

TAYLOR DEVRIES ® Sales Assoc.

406-581-3267

EDDIE STEINHAUER ® Broker/Partner 406-580-1456

ALEX RUSSELL® Sales Assoc.

406-580-5047

RANDY UNGERSMA ® Sales Assoc.

406-551-5175

BLAYNE AAFEDT ® Sales Assoc.

406-548-2635

CALL MIKE DEVRIES 406-581-2345 OR NATE DYK 406-539-1155

7.25% CAP RATE

CALL EVAN MCCAW 406-581-2213

81211-81213 GALLATIN ROAD • BOZEMAN, MT

123 WEST ELM STREET • THREE FORKS, MT Incredible opportunity in a highly trafficked area. Located in the lovely town of Three Forks Montana, this 2,457 sq/ft commercial building offers an endless amount of possibilities and many ways to grow the business. Currently being used as a tap room and leasing a beer/wine license. The sale of this property will include all FF&E. If a tap room is not your thing, bring your ideas! Excellent exposure and plenty of parking and easy access to get in and out. Schedule your showing today! $1,150,000 | MLS#408363

Commercial Income Property with Development Upside. Located less than one mile south of the Four Corners intersection along the west side of US Highway 191, this 33,400-squarefoot commercial property offers stabilized income, long-term tenancy, and meaningful upside through future development. The property consists of five condominium units situated on 2.777 acres across two parcels—one improved and one vacant—providing a rare combination of current cash flow and entitled expansion potential in one of Bozeman’s strongest commercial corridors. The asset features approximately 337 feet of frontage on US-191 South, a high-traffic arterial serving Bozeman and the Gallatin Valley. The surrounding market is characterized by sub3% commercial vacancy, reinforcing the property’s strong leasing fundamentals and long-term demand. 7.25% Cap Rate. $10,918,000 | MLS#409918

7.25% CAP RATE

CALL EVAN MCCAW 406-581-2213

CALL MIKE DEVRIES 406-581-2345

682 FERGUSON AVE STE 6 • BELGRADE, MT

Prime opportunity to own a 1,273 sf commercial office condo in Pinewood Professional Center. S. Ferguson is in a premier commercial area w/close proximity to The Market at Ferguson Farms & the Ridge Athletic Center. This well-maintained unit offers a versatile layout w/3 private offices, lg reception area & a convenient kitchen/storage areas. 3 very lg storage closets. Perfect for small businesses or professional services. Located in a thriving commercial hub w/easy access to amenities & major routes. $450,000 | MLS#403505

CALL MIKE DEVRIES 406-581-2345

TBD RIDGEWAY • BELGRADE, MT 3.79 Acres with rental income and the ability to put up multiple commercial buildings. Lot has access to domestic water, fire water and 3 phase power. Site is approved for 5 buildings with plumbing and two for dry storage. Priced below the competition! $1,750,000 | MLS#410300

CALL MIKE DEVRIES 406-581-2345

WEST POST COMMERCIAL LOT • BOZEMAN, MT

Perfect opportunity to bring your business to a great location. City water and sewer as well as 3 phase power. $699,000 | MLS#41124

7.25% CAP RATE

CALL EVAN MCCAW 406-581-2213

12 PENNY LANE • GALLATIN GATEWAY, MT

TBD BOWLINE BLVD • BOZEMAN, MT 16 Ac R-4 Development ground in Belgrade w/future sewer capacity of over 300 units.

Property is annexed & zoned R-4. Property is just North of new Story Creek Elementary school. $6,000,000 | MLS#369314

Net Leased Showroom & Fabrication Facility Single Tenant | Purpose Built | Resort Market Exposure Offered at $10,959,000. 7.25% Cap Rate Executive Overview 12 Penny Lane offers investors the opportunity to acquire a fully leased, mission critical commercial facility serving Montana’s premier luxury residential construction markets, including Big Sky, Yellowstone Club, Spanish Peaks, and Moonlight Basin. The property is 100% leased to Earth Elements LLC under a newly structured modified NNN lease that delivers durable income, minimal landlord responsibilities, and built in annual rent growth. Originally purpose built in 2017 with over $4 million in specialized improvements, the facility functions as a destination showroom, fabrication hub, and corporate headquarters. The building’s highly customized nature significantly reduces tenant relocation risk and provides strong long term income security.Investment Highlights • 100% Occupied, Single Tenant Asset New arm’s length lease with established operating tenant • Strong In Place Cash Flow Net Operating Income of approximately $819,726. • Modified NNN Lease Structure Flat $3.00/SF expense recovery with no annual reconciliation • Annual Rent Growth 3% annual escalations on base rent • Purpose Built, Non Commodity Real Estate Irreplaceable showroom and fabrication infrastructure • High Barrier Resort Market Location Limited competing inventory for comparable uses • Replacement Cost Support Insured building replacement value of $7.29M (exclusive of land) Property Description Address: 12 Penny Lane, Gallatin Gateway, MT 59730 Property Type: Commercial — Showroom / Fabrication / Warehouse Total Rentable Area: 38,563 SF (inside wall measurement) • Office / Showroom: 16,288 SF • Warehouse / Fabrication: 23,823 SF The property features a custom architectural façade, extensive glass storefront exposure, & 7 fully built out showroom departments serving architects, designers, & high net worth clientele. The rear fabrication area includes advanced CNC machinery, water jet cutting, overhead crane systems, and loading dock access—creating a vertically integrated operational environment. $11,307,000 | MLS#409921

WWW.MONTANACOMMERCIALREALESTATE.COM

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WWW.MONTANACOMMERCIALREALESTATE.COM 3925 Coulson Road East - Billings, MT

7800 Shorey Road - Billings, MT

$1,950,000

$10.00 SF/yr

D L O S

• Unique Work and Live Opportunity

• 5,454 SF shop w/ 3 overhead doors • 3,548 SF fully remodeled house (6 bed/3 bath, new appliances, carpet, paint, roof siding).

• Additional 960 SF Shop

• House and shops sit on 8 acres with additional 12 acres below.

• Extra land (12 acres) for development or hourse property.

•Located near new Mary Street Bridge in Lockwood.

• Light Industrial Property for Lease.

• Racks included in lease.

• Prime location for Cannabis Cultivation. • Lease rate $10/PSF NNN • Tier 3 Cultivation License available for sale (Seller Financing possible).

• 5,505 SF with 2.6 acre lot

•Secured facility w/ security gate & fence • 1,000 amps single phase power • 3 grow rooms & 2 overhead doors

Tyler Samson 406-671-8257

Tyler Samson 406-671-8257

2110 Overland Ave - Billings, MT

130 South 24th Street - Billings, MT

$9.50 SF/yr

$9 SF/yr

• Office & Warehouse Space Available • Tenant Improvements Negotiable

• Automotive Shop/Detail Shop

• Radient heat, two 14’ overhead doors

• Tenant pays their own electricity, gas • $9.50 PSF Base Rent & internet/phone.

• $5.50 PSF NNN • Overland Frontage

• 8,982 Square Feet

• 3 cranes (20 ton, 5 ton, 1 ton)

• 12 bays, small office, 2 bathrooms, and mezzanine.

• Hotsy Pressure Washer System & 2 lifts can be negotiable in addition to base rent.

• Floor drains, 3 Phase Power, upgraded lighting and electrical

Tyler Samson 406-671-8257

Tyler Samson 406-671-8257

6845 Niehenke Avenue - Billings, MT

Iconic Billings Restaurant For Sale

$1,500/month

$6,995,000

• Two heated warehouse units (1,536 square feet each) • Radiant overhead heat

• Shared common area bathrooms

• Local Montana Brand

• Excellent location in Harnish Trade Center with easy access to I-90.

• Highly successful turn-key Business

• $1,500/month (can be leased individually or together.)

• 14’ Overhead Doors

• Sale to include Real Estate, All Beverage License w/ Gaming, FF&E & Business

• 7,000 SF plus Building on over an acre and a half lot.

• Class A finishes w/ high end FF&E package.

• Prime location with high traffic count and visibility.

Tyler Samson 406-671-8257

Tyler Samson 406-671-8257

1223 Grand Avenue - Billings, MT

2046 Grand Avenue - Billings, MT

D D L L SO SO $1,995,000

$2,800,000

• Billings Midtown Restaurant, Casino & • Very high traffic count (22,630) Bar Property.

Average Daily Traffic.

• Sale includes Real Estate, Montana All • 7,462 SF building/ 54,726 SF lot Beverage and Gaming License & FF&E • Extra large kitchen with large walk-in • Prime location w/ excellent visibility & coolers/freezer/storage frontage.

• Abundant amount of parking

• Prime Billings midtown property with • Two buildings totaling 7,520 Sqft excellent frontage and traffic countrs (over 13,000 ADT) • Asking price of of $1,995,000 (Real Estate only).

• Owner/User opportunity or prime development site.

• Lot size 66,732 SF (1.53 acres)

Tyler Samson 406-671-8257

Tyler Samson 406-671-8257

302 South 29th Street - Billings, MT

118 Riverside Road - Billings, MT

$255,000

$1,250,000

D D L L O O S S

• Turn-key Laundromat property.

• 1,218 Square foot Building Size

• 15,220 SF, across 4 buildings.

• Located in residential area.

• Close to residences, rental units and nearby businesses.

• 3 acre lot completely fenced with security gate.

• 3,980 Square foot Lot Size

• Seller financing available.

3520 First Avenue North - Billings, MT $1,350,000

• 140 car capacity for auto sales

• Newer exterior lighting package consisting of 43 LED fixtures

• Corner location with four ingress/ egress points.

• Excellent frontage and visibility in the • 3 Parcels with 50,050 sf (1.15 acres) center of 3 main arterial streets (18,000 2,812 sf building. avg. daily traffic count).

Tyler Samson 406-671-8257

Tyler Samson Commercial Sales Agent

406-294-6309 406-671-8257

tsamson@naibusinessproperties.com

• Many recent upgrades to property

• Warehouse 1: Shop 4,536 SF (3 phase • CI zoning for versatile operations power) w/ full drive in bay & 3: 16’ overhead doors (leased short term).

• Strategic location in Billings area close to interstate (I-90) Access • Warehouse 2: 2,840 SF w/ multiple offices.

Tyler Samson 406-671-8257

• Prime location for Auto Sales or similar type retail business.

• Warehouse 3: 7,500 SQFT of cold storage w/ power & mezzanine.

Tyler Samson 406-671-8257

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WWW.MONTANACOMMERCIALREALESTATE.COM

www.westernsecuritybank.com

WWW.MONTANACOMMERCIALREALESTATE.COM

BRIE JONES

RACHEL TOWNSEND

JEREMY WHITFIELD

406.543.8224

406.587.5428

406.564.1917

Missoula

briejones@pierce.biz

Bozeman

rtownsend@pierce.biz

Great Falls/Helena

jwhitfield@pierce.biz

www.pierceflooring.com/commercial

ONLINE at:

Pick up your printed copies at over 1400 locations throughout Montana, Wyoming, Western North Dakota & South Dakota.

View our selection Ranchettes, Ranches, Farms & other Beautiful Properties.

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JEFF ANDERSON Commercial Project Manager / Billings TEL: 406.652.4666 CELL: 406.702.0626 EMAIL: janderson@pierce.biz WEBSITE: www.pierceflooring.com/commercial

To Advertise Your Listing Call

Ben Gale at 406-656-0608

www.MontanaCommercialRealEstate.com

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WWW.MONTANACOMMERCIALREALESTATE.COM

519 West 1st Street • Big Timber, MT $525,000 • 2,016 SQFT PRICE IMPROVEMENT!

Location, location, location! With beautiful views of the Crazy Mountains to the north, this building & vacant adjacent lot are just waiting for you to bring your business to town! This property is zoned Highway Business which allows for numerous legal uses. The property is on the prime corner of Big Timber Loop Rd & Quarry Street within the City Limits of Big Timber, MT; which is conveniently located between Bozeman & Billings, just off of I-90. The property includes the 2,016 sf building w/ an attached 540 sf garage area. It also includes a vacant lot adjacent to the building on the west side. The total acreage is 0.425 acres with the main building being on 0.233 acres & the vacant lot being 0.192 acres. The total square footage of land is 18,513 sf. On city sewer, & water, & natural gas. Properties with this type of possible exposure to the general public, beautiful views, & potential are a rarity! MLS#402212 & 352878

Kim Bennett 406-932-3067 406-539-4924

www.terrawestern.com

Proprietary Database featuring over 6,000 Private Equity firms and over 50,000 strategic and high net worth buyers. Time-tested M&A facilitation process that ensures maximum value and multiple offers. Featured listing on Murphy Business Sales proprietary website.

Confidential listings on top National and International listing sites. Over 26 regional agents, over 250 nationwide.

• Business Sale & Buyside Advisors • M&A/Investment Banking Advisory Services • Business Valuations • Recapitalizations • Growth Capital Sources • Minority or Majority Investors

• 100% Buyouts • Exit Planning • Management Buyouts • Value Enhancement • Partner Retirement • Debt Sources • Equipment Appraisals

JOHN MASLANIK | 406-926-1996 | j.maslanik@murphybusiness.com 2017 Harrison Ave #371 | Butte, MT 59701 www.murphybusiness.com/montana

We are equity based private money lenders located in Missoula, MT for 30 years. CFI specializes in fast closings on real estate loans throughout the state. We require minimal documentation and disclosures allowing us to get your funding quickly. We maintain a diverse long-term local investor base to assist our funding.We also pay quick cash for you Real Estate Notes or Contract Receivables.We DO NOT loan on owner occupied property.

1821 South Ave. W. Missoula, MT 59801 • info@creative-finance.com www.creative-finance.com • 406-721-1444 • Monday-Friday 9-5

WWW.MONTANACOMMERCIALREALESTATE.COM

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It’s way more than just real estate.

yourhomemontana.com

406-671-4444

www.AHausOfRealty.com

BI LL IN GS ,M T

419 W MAIN Great Central Business District location on West Main in Laurel. Two suites, one is appx 2,400 sq. ft. & it is a Chiropractic Office, and the second one is 1,200 sq. Ft. & is a hair and nail salon. Tenants pay their own utilities (separate meters). New membrane roof in 2025, new AC units in 2025 and AC covers, new hot water heaters 2024. Lot size is 7,800 sq ft.

MLS# 357449 ~ $420,000 Call Hazel Klein

TBD PICCOLO LANE Discover the potential of this exceptional 5.4-acre vacant parcel. Featuring desirable mixed-use zoning, this property offers a variety of possibilities for commercial, residential, or investment development. With excellent visibility & convenient access, it’s an ideal location for businesses, residential, retail, office space, or a combination of uses. Property is located a few blocks of Schools & minutes from I-90 Access. Property is zoned as Corridor Mixed-Use 1. Buyer to satisfy themselves to all development requirements!

MLS# 360009 ~ $649,900 Call Ryan Mayes

M EL , UR CLARK STONE BEND LOTS 2.96-acre commercial lot for sale or build to suit located just south of Laurel, MT. Great exposure along busy highway with high traffic count. Ideal location for wide variety for potential commercial uses including but not limited to storage facilities, shops, warehousing and/or distribution company, etc. Electric and fiber optic from Century Link available along east boundary, gas available across the road on east boundary - Ask agent for details. Dry Hydrant in place. A total of almost 12 acres could be available. Property will need to be on well/septic services. Small HOA fee may be put in place when developed. Taxes not yet spread.

Lot 2 $490,000 - ML# 359300 Lot 3 $490,000 - ML# 359301 Lot 4 $490,000 - ML# 359303 Call Ryan Mayes

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BROKER-OWNER, GRI, EPRO, PSA

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RYAN MAYES

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LA

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BROKER, GRI, CLHMS GUILD 406-850-7426

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KALLI WESCOTT

410 E PIKE AVE Mixed Use. Approx 700-725 sq ft of store front rent $900/utilities pd & $700-$725 Studio on the main level (rents for $800/utilities pd.)1450 sq ft each in basement (unfinished/storage) & upper spacious 3 bdrm 1 1/2 bath rental unit (rents for $1400/tenant pays utilities).Main floor is GFA/CA & upper apt is gas heat & EBB supplement & no AC. The Montana Cadastral shows updates in 1984 & the current owner also updated in 2024. There is access in the front & rear for the upper unit.

Some parking at the back of the building as well as street parking. The lower store front was used as a studio. It could be retail or office. Great location in downtown Columbus. Put your business here & have additional rent income from the apartments. Upper level could be owner occupied.

Many possibilities.

MLS# 356781 ~ $315,000 Call Hazel Klein

LA

406-855-9527

COWGIRL WAY This prime 1.4+ acre commercial lot offers a rare opportunity for development in an increasingly high-traffic area. With easy access to major roads, the property is ideal for a variety of commercial ventures. The simple topography and accessible utilities are great features to streamline your build process. Electric is available on edge of lot. Septic tie ins are believed to be available on lot per plat map, not guaranteed. Whether you’re looking to expand your operations or invest in a growing area, this lot provides the perfect foundation for your next project.

Lot 3 $175,000 / ML# 353216 & 356421 Call Kalli Wescott

LA

BROKER-OWNER, GRI

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M BI LL IN GS , HAZEL KLEIN

CO LU M BU S, M T

WWW.MONTANACOMMERCIALREALESTATE.COM T

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TBD WEST MAIN STREET 10 Acres Hwy Commercial Zoning (per county) just W of Laurel on W Main St (Hwy 10 W). Great piece for development or use the whole parcel County location. Call Laurel, MT for possibile city services. Backs up to RR. I-90 Exposure. Seller doing a 1031 Exchange. Opportunity is knocking!

MLS# 353710 ~ $980,100 Call Hazel Klein

This commercial condo is approximmately 3855 sf with 288 sf mezzanine or total 4143 sf. Concrete floors are 5“ thick with reinforced rebar for heavy trucks.

Concrete floors are sloped into drain boxes. The walls are sips panels & are 6”. Floor to ceiling is 17‘ high so mezzanine is approx 8’ high. The office is approx 12 x 12 with a mini split for heat & cooling. There is a 12 x 12 mechanical room with toilet, sink & shower stall. mechanical room has electric baseboard heat.

There is hot & cold water to the shop & washer & dryer hook up. Shop is heated with 300,000 btu modine natural gas unit. interior of shop is painted white with white metal ceiling. There is a 200 amp electrical panel & high bay led lights. These units are very economical to heat. Three phase power is available. buyer to verify sf. Seller is a licensed real estate broker in the state of montana! The lot allows big trucks to loop around building & there is great access for backing large trailers to front 12 x 14 overhead doors. Some pics are of a simular unit! $850,000 ($205.16/sqft)

craigdelgrande@gmail.com

WWW.MONTANACOMMERCIALREALESTATE.COM 1002 HOLLENBACK LN – DEER LODGE, MT

Well situated office building w/long-established leases in place. 8,520 SQFT Building has been very well maintained & is in excellent condition. 1.23 Ac lot has mature landscaping & UGSP. Easy access location - right off I90, close to Gas Station, restaurants & Hospital. Tenants are the State of Montana w/a 5-year lease & the USDA w/a 10-year lease.

2300 Euclid Ave - Helena, MT $690,000 - MLS#30065511

Positioned along busy Euclid Avenue in Helena, 2300 & 2230 Euclid present a flexible commercial opportunity with excellent visibility and convenient access. The property includes professional office space suited for a wide range of businesses, plus a 3,337 sqft heated shop, ideal for storage, light industrial, or service-related uses. A paved lot offers ample parking and outdoor storage potential, supporting a variety of operational needs. With strong frontage and high exposure, this property is an excellent fit for both owner-users & investors seeking a functional, well-located commercial asset in Helena.

$1,400,000 – MLS#30016883

1136 E. Clark Street - E Helena, MT $1,700,000 - MLS#30043603

3203 AIRPORT RD - HELENA, MT

THIS SALE IS FOR 50% OWNERSHIP OF THIS HANGAR. PILOTS: If you are looking for a safe. secure and reasonably-priced Hangar, LOOK NO FURTHER! This hangar is 48’x81’x14’ and has an all-metal exterior. With 40’ Sliding Doors, you can easily move your planes in & out of the building. Great Location within the Hangar community!

$109,000 – MLS#30057792

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Are you searching for a prime investment opportunity in Helena, MT? Look no further than this unique mobile/trailer park, which offers a diverse mix of income-generating properties. The park features 13 park-owned trailers, a duplex, a single-family home, & a lot that is currently leased to a tenant-owned trailer. There are several vacant spots available for the placement of more trailers, providing room for expansion & increased revenue potential. Recent substantial upgrades to the utilities enhanced the property’s value, including a newly connected city sewer system, cleanouts, a new well pump, & updated water shutoffs for the trailers. These improvements ensure the property is well-maintained & ready for future growth. Ideally situated in close proximity to a variety of local amenties, this trailer park is posisitioned for longterm success. Don’t miss out on this incredible opportunity in one of Montana’s most desireable areas!

JOSH LaFROMBOISE , Broker 1060 Helena Avenue Helena, MT 59601

(406)439-3873

Jlafromboise@remax.net

JOSH@VALLEYSTEELLLC.COM • WWW.VALLEYSTEELLLC.COM

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