$596,000
 $3,199 est/mo Sourced by Back At You

124 E Commercial Avenue,Anaconda, MT 59711

Anaconda, MT 59711

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Description

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.

Details

MLS #411505
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1950
Days On Site148
Listing Provided ByCentury 21 Shea Realty | Michael Moreni

Features

Story(s)2
Units4
ZoningNone/Unknown
Acreage0.16

Parking

Parking FeaturesCommon, Gravel

Taxes

Tax Annual Amount5917

Area Information

StateMT
CountyDeer Lodge
CityAnaconda
Zip Code59711
AreaButte and Surrounding Areas
Subarea10A Anaconda
Community NameOther
Listing VS Median (in Other)
Price:
$596,000
low | high
Med:
$564,450
55.293624161074% of Average
On site:
148
low | high
Med:
508
29.133858267717% of Average
Sourced by Back At You

Market Activity 59711

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Additional Information


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All information is deemed reliable; however, it is not guaranteed and should be independently verified. Real Estate offerings are subject to error, omissions, prior sale, change, withdrawal without notice and approval of seller. Properties are provided courtesy of Big Sky Country MLS. 

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Learn More About This Property

StateMT
CountyDeer Lodge
CityAnaconda
Zip Code59711
AreaButte and Surrounding Areas
Subarea10A Anaconda
Community NameOther
Listing VS Median (in Other)
Price:
$596,000
low | high
Med:
$564,450
55.293624161074% of Average
On site:
148
low | high
Med:
508
29.133858267717% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 7:01:41 AM PDT