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4 Beds
6 Baths
8,062 sqft

$596,000

124 E Commercial Avenue, Anaconda MT, 59711

Price per sqft$73.93
Built in1950
Property size8,062 sqft
Property typeCommercial

Overview

Active

Listed May 30, 2026

Updated Aug 29

Prime Downtown Mixed-Use Investment Opportunity! Located just one block from Main Street in the heart of downtown, this well-maintained property offers immediate income and long-term potential. The building features two fully leased commercial storefronts and four residential apartments, creating a strong and diversified revenue stream. In addition, the property includes a considerable amount of basement square footage, providing excellent potential for storage, future expansion, or additional income-producing use. Two of the apartments have been recently remodeled, adding modern appeal for tenants, while all residents enjoy access to a shared laundry area and covered patio. The property also includes valuable off-street parking, a rare and desirable downtown amenity. Adding even more upside, an unused ground-level space is ready for conversion into an additional commercial unit, storage rental, or another income-producing use. The sale also includes an adjoining lot, offering opportunities for expanded parking, future development, or other value-added improvements. A turnkey investment with solid cash flow, multiple income sources, and room to grow—this is a rare opportunity in a prime downtown location.

Additional information

MLS® ID
411737

Interior Features

Bedrooms
4
Bathrooms
6
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.16 Acres

Other Property Details

Taxes
$5,917
Tax Frequency
Annually

 

Courtesy of Michael Moreni, Century 21 Shea Realty

Based on information from Big Sky Country MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Vivian Yoon & Company | CA DRE# 01925833 MT #88432 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

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