645 Grand Ave

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.