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$2,500,000
22 Days On Site

410 Bernard
Billings, MT 59101

For Sale|Industrial|Active
0
Beds
0
Full Baths
0
Partial Baths
34,800
SqFt
$72
/SqFt
1965
Built
Subdivision:
Burlington Northern
County:
Yellowstone
Listing courtesy of Lauren Bond of THE Agency Montana

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410 Bernard410 Bernard410 Bernard410 Bernard
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Great industrial investment opportunity that’s had a long term tenant and a new 5 year lease just put in place offering an 8% 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. Approx 5600 sq ft of office & 29,200 sq ft of shop, featuring 9 OH doors, wash bay, 3 phase power, large open reception 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, incl roof, asphalt, furnaces, bathroom and all new LED lighting, which takes care of the majority of owners responsibilities in the lease.

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Listing Snapshot
Price 
$2,500,000
Days On Site 
22 Days
Bedrooms 
N/A
Inside Area (SqFt) 
34,800 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
3.17 Acres
Year Built 
1965
MLS® Number 
351162
Status 
Active
Property Tax 
$24,168
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoPrice changed to $2,500,000
3 days agoListing updated with changes from the MLS®
3 weeks agoListing first seen on site
General Features
Acres 
3.17
Disclosures 
Sellers Disclosure Not Available
Property Sub Type 
Industrial
Sewer 
Public Sewer
Stories 
One
Water Source 
Public
Zoning 
Light Industrial
Interior Features
Cooling 
Central AirOther
Heating 
Natural Gas
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Community Features
Financing Terms Available 
Cash1031 Exchange
MLS Area 
(08) West Billings
Roads 
Asphalt
Listing courtesy of Lauren Bond of THE Agency Montana

All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information.

Copyright © Billings Association of REALTORS® Incorporated and Billings Multiple Listing Service Incorporated.

Neighborhood & Commute
Source: Walkscore
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