Block 1 Lot 5, Billings, MT 59106 - Yellowstone County

This vacant lot spans just under 2.2 acres and is strategically positioned between Albertsons, First Interstate Bank, and Diamond X, placing it in one of the most up-and-coming commercial corridors in the market. The site offers excellent visibility and strong traffic counts, making it a prime opportunity for high-impact development.

The property is surrounded by a thriving mix of restaurants, coffee shops, retail, and service-oriented businesses that draw consistent daily traffic. The vibrant, walkable atmosphere supports a wide range of commercial and mixed-use concepts.

The site is well-suited for a master-planned mixed-use development and represents a true legacy location within a growing community. Potential uses include restaurant or food service concepts, multi-family residential, fitness or wellness facilities, medical or professional offices, and neighborhood-serving retail—all positioned to benefit from ongoing growth and nearby commercial momentum.

Ownership is open to considering a long-term land lease, offering meaningful advantages to users and developers, including:

Lower upfront capital requirements

Potential tax advantages

Increased flexibility while securing a premier location long-term

This structure can be particularly attractive for businesses or developers seeking to deploy capital more efficiently while maintaining a strong presence in a high-demand corridor.