645 Grand Ave
Billings, MT 59101
Office Property For Sale

For Sale | Value-Add Investment Opportunity
A well-positioned opportunity at the peak of Grand Hill along one of Billings' most traveled corridors. Located on the corner of 7th Street West and Grand Avenue, 645 Grand Avenue offers investors and owner-users a versatile multi-level commercial building with immediate upside.
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.