1108 – 1116 Broadwater Ave

1108 – 1116 Broadwater Ave, Billings, MT
*For Sale $1,400,000
*7,492 SF Class A Retail Center
*Completely Renovated Over Last 4 Years
*New Roof, Siding, Electrical, HVAC, Sewer Lines, Plumbing & Interior Remodels For All Tenants
*5 Separately Metered Units
*3 Tenants Currently
*1,254 SF Retail Space is Currently Vacant (1108 Broadwater)
*2,714 SF Retail Space is Coming Available (1110 Broadwater)
*Triple Net Leases
*3 Phase Power
*Ideal for Owner Occupied Building or Restaurant
*7.5% Cap Rate Once 1108 & 1110 Broadwater are Leased, 8% Potential Cap Rate
*Financials Available Upon Request

NOTE: Owner is a Licensed Real Estate Agent in the State of Montana

1108-1116 Broadwater Ave is one of Billings most recent retail redevelopments of a building that was previously known as the Suds Hut into a Class A retail center that received a modern facelift, ADA accessibility and a complete renovation to all 5 units that included taking all units down to the studs and doing a build to suit for each tenant.

Notable upgrades include 100% new HVAC units, upgraded electrical service (including 3 phase power) with new electrical wiring in all 5 units, 2 new sewer lines all the way out to the alley, new plumbing in all 5 units, new TPO roof on ½ the building and new modern siding.

Whether you are looking for an owner-occupied retail center or low maintenance, triple net lease building for your 1031 exchange, this building will make a great addition to your real estate portfolio.