124 E Commercial AvenueAnaconda, MT 59711

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.

Property Information

Property type

Residential Income

Sub-type

Quadruplex

Style

Fourplex

Year built

1950

Lot size

0.16 acres

Ownership

Full

Days on market

120

MLS^® Listing#

411505

Property Features

Cooling

Ceiling Fan(s)

Heating

Forced Air

Parking

Common · Gravel

Utilities

Electricity Available · Natural Gas Available · Sewer Available · Water Available

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

None

Annual taxes

$5,917Tax year 2025

Parcel number

0000221900

Directions

See Map