How welcoming is Billings, MT, to new business owners? The town was once named the nation’s best place to start a small business by Fortune Small Business magazine. That may be because it offers such a diverse mix of industries. There truly is a spot for everyone in this bustling town.
Health care, service and manufacturing all thrive in the city, which is also home to several oil refineries and the headquarters of a number of nationally renowned and varied businesses, including Kampground of America, Computers Unlimited and Ryan Restaurant Corp.
Billings has a young population, and the Big Sky Economic Development has made an effort to keep recent graduates and other young people in town as the over-55 population moves toward retirement. Billings attracts workers who are eager to take advantage of the recent booms in:
The unemployment rate is much lower than the national average and current job growth has exploded at nearly double the rate of the rest of the country. The future job growth outlook is sunny for this town, which is also the home to the Montana State University Billings Campus.
Montana does not charge sales tax. That makes Billings a popular destination for tourists as well as visitors from nearby North and South Dakota and Wyoming, who visit to take advantage of the tax-free purchases. If you plan to open a retail location or expand from a nearby town, Billings makes an excellent destination.
Billings also has loads of natural resources available, increasing its attractiveness to manufacturers and refiners. It has oil and gas fields and a huge reserve of coal.
Whether you are searching for a warehouse for sale or retail space for rent, your first move should be contacting one of our Coldwell Banker Commercial agents in Billings, MT. They live in this area and they have an extensive knowledge of local real estate you can draw on to find your own perfect space. They have the knowledge and experience that can help you get a good deal on your property and also avoid undesirable locations.
You know you can trust us with your commercial real estate needs thanks to our impressive reputation. Our global network includes more than 40 countries and we boast a proven track record, having been in business for over a century. The Coldwell Banker Commercial team is proud of this legacy and works hard to uphold it and please our clients with every transaction.
Are you ready to explore your options in Billings, MT? Whether you want to open a new flower shop or extend your already-existing manufacturing empire, the Coldwell Banker Commercial team can assist you. Check out our data and statistics on the Billings, MT, commercial real estate market, and call us to ask any questions you may have about the area. Reach out to our Billings, MT, agents today.