For Sale
Hawk Creek Lot
5 Central Ave, Billings, MT 59106
This vacant lot spans just under 2.2 acres and is strategically positioned between Albertsons, Starbucks, First Interstate Bank, Western Security 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.
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
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Contacts
Todd Sherman
Coldwell Banker Commercial CBS
Building Details
- For Sale $1,630,000
- Property Type VacantLand
- Lot Size 2.16 Acre
- Date Updated May 26, 2026
Getting Around
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Bike Score ®
Somewhat Bikeable (11)
Powered by Walk Score ®
Location
- City Billings, MT
- Zip Code 59106
5 Central Ave Listing Summary
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What is the asking price at Hawk Creek Lot?
Hawk Creek Lot is currently listed for sale at Contact for pricing.
Contact Listing Broker
Todd Sherman
Coldwell Banker Commercial CBS