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

Year built

1950

Building area

11,602 Sq Ft

Lot size

0.16 acres

Garage spaces

3

Zoning

Commercial

Days on market

111

MLS^® Listing#

30072009

Property Features

Foundation

See Remarks

Financial Details

Annual taxes

$5,917Tax year 2025

Parcel number

30128503113010000

Directions

See Map