Hours of Operation: Monday - Friday: 10:00 AM - 5:00 PM | Weekend Showings Available By Appointment | Information Is Deemed Reliable but Not Guaranteed

Commercial Real Estate Specialists

Black Line

Find a perfect location for your business. At Ray & Co. Realtors, we specialize in commercial real estate throughout the Billings area. We currently have several commercial properties available for lease in prime locations, including Heights, West End, Lockwood, and Downtown. Better still, we will beat prices on any comparable property—so you can be sure you'll pay the lowest rates around.

The Right Commercial Property

Whether you want an office, retail space, warehouse, or apartment-retail combination, we'll help you find what you're looking for. Some of the properties are already remodeled and the owners of some of these properties will remodel to suit your needs. All inquiries are confidential. Contact us to book a showing.

711 Central Avenue

711 Central Avenue—Surprisingly Affordable!

This property is zoned community commercial and has been completely remodeled, including new carpet and paint.

The building has been ADA-approved since 1985, and an elevator provides access to all three floors. Janitorial service is provided for the common area, and there is a large parking lot. You'll also have access to a coffee/lunch room. Multiple single and larger suites are available, with small suits starting at just $235. Call us to learn more about availability.

2018 Main Street

2018 Main Street—Suites Available Now!

There are 10 suites in this Main Street facility. Entire units 1, 3, 6, 7, 8, and 9 are available now. Each unit has 672 sq. ft. of retail space, 672 sq. ft. of office space, and a garage/workshop with 12' x 14' overhead doors. Each unit features a total of 2,112 sq. ft. of space, as well as:

  • 2 Bathrooms
  • Gas Forced-Air Heat
  • Separate Utilities
  • Air Conditioning


Units 1 and 2 have a high-efficiency apartment, so you have the option to live where you work. Ask us about our move-in specials!

1943 Main Street

1943 Main Street—High-Traffic Area!

This property is zoned highway commercial. We currently have approximately 1,800 sq. ft. of open space for lease with an apartment option. The ground floor has 1,330 sq. ft. of office/retail space. Two warehouses are now available with 1,500 sq. ft. and 2,500 sq. ft. of space.

1804 Grand Avenue

1804 Grand Avenue—Great Exposure!

This Grand Avenue location features 4,500 sq. ft. of retail space and a 4,500 sq. ft. basement with an escalator. It is available as an NNN lease for less than $7.00 per sq. ft.

1812 Grand Avenue

1812 Grand Avenue—Ideal for Any Business!

This building has 1,400 sq. ft. of space available now. It is located in a high-traffic area with excellent sign visibility and ample parking. It is ideal for any business, including:

  • Day Care
  • Medical Offices
  • CPA Offices
  • Law Offices
  • Professional Offices

1819-1821 Grand Avenue

1819-1821 Grand Avenue—Prime Location!

This building is located in a prime location on busy Grand Avenue. 2881 sq. ft. are currently available for lease. The building was a successful retail store for more than 35 years

2330 North Frontage Road

2330 North Frontage Road—Ideal Lockwood/I-90 Location!

This property is ideally situated for a dealership or sales location. It has a large shop and lots of parking.

The three-acre property has 288' of frontage on I-90. It features 3,600 sq. ft. of office, retail, or showroom space and 9,600 sq. ft. of shop or warehouse space with 19' side walls and three-phase power.

4819 Midland Road

4819 Midland Road—Unavailable
(Recently Leased!)

This property is located in a prime location with interstate frontage at the corner of Midland Road and South Billings Boulevard. It is an industrial building that is perfect for a dealership or sales location. It features a 1,700 sq. ft. showroom with 16' sidewalls, three offices, and lots of windows. The showroom has central A/C, ADA-compliant restrooms, and energy-efficient apartment or breakroom. The property also features 9,600 sq. ft. of warehouse space with six 14' x 14' overhead doors and 20' sidewalls. The warehouse has radiant heat, two offices, and a restroom.

2024 3rd Avenue North

2024 3rd Avenue North—Unavailable (Leased!)

This building features 4,350 sq. ft. of space with 11 offices. It has new carpets, new paint, and a secure, fenced parking lot.

1749 Main Street

1749 Main Street—Available!

Located in front of busy Walmart Store, next to GNC, Game Stop, and Sally's Beauty. 2800 sq. ft.