124 E Commercial Avenue, Anaconda, MT 59711

$596,000
4
BD
6
BA
8,062
SqFt

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List Price
$596,000
MLS#
411737
Status
ACTIVE
County
Deer Lodge
City
Anaconda
Bedrooms
4
Bathrooms
6
Living Area
8,062
Acres
0.16
Property Subtype
Building

Property 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.

Additional Information

Days on Market
140
Year Built
1950
Cooling
Ceiling Fan(s)

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Calculator source: Real Geeks

Courtesy of Michael Moreni with Century 21 Shea Realty.