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$5,450,000
358713 MLS
The Residences at Lordwith is a stabilized 24-unit multifamily in a central Billings infill location near Pioneer Park and downtown. The property is fully occupied with a waitlist, providing consistent cash flow supported by strong demand and professional management. It offers clear upside through renovation of remaining classic units, with updated units already achieving higher rents and demonstrating a repeatable path to increased NOI. An approved condo conversion adds flexibility, allowing for long-term hold, phased sell-off, or full retail disposition. With proven performance, continued rent growth, and demand from both renters and potential owner-occupants, this asset presents a strong blend of stability and upside. See related listings for Building A (MLS #358656), Building B (MLS #358710) and Building C (MLS #358712).

420 Lordwith Drive, Billings

Listing courtesy of Lukas Seely from Century 21 Americana
$2,800,000
410290 MLS
Midtown Market is a rare chance to own an established, community-centered grocery and retail business in the heart of Harlowton, Montana. Long regarded as an essential part of everyday life in Wheatland County, the store serves local families, ranchers, farmers, and travelers alike, offering a dependable source for groceries, fresh foods, specialty goods, and daily necessities. This is more than a business opportunity — it is a chance to carry forward a trusted local institution with deep roots and lasting importance. The sale includes the real estate, operating business, equipment, goodwill, and inventory, offering a turnkey transition for the next owner. With its strong community presence, broad product mix, and irreplaceable role in the region, Midtown Market is well-suited for a buyer seeking both purpose and opportunity in a classic Montana town.

207 3rd Street NE, Harlowton

Courtesy of Staci Corder with Corder & Associates.
$399,000
30068701 MLS
NEW PRICE!! Maximize your visibility on this prime corner lot along Highway 2, the primary gateway to Glacier National Park, where over 2 million annual visitors pass your front door. This versatile turnkey property offers an immediate income stream with three residential rental units generating $2,700 per month, complemented by a commercial unit and a spacious owner-utilized tandem garage. With a successful 30-year operational history, this seasonal gem provides the ultimate Montana lifestyle—thriving during the high-energy summer months while offering a peaceful retreat the rest of the year. Perfect for a "mom-and-pop" endeavor or a savvy investor, the sale includes the land, buildings, and select fixtures, making it a seamless transition as the current owner moves into retirement.

201 & 205 Hungry Horse Boulevard, Hungry Horse

Listing courtesy of Listing Agent: Jacob Kaider | jacob@beckmansrealestatemt.com from Listing Office: Beckman's Real Estate.
$2,800,000
358706 MLS
Midtown Market is a rare chance to own an established, community-centered grocery and retail business in the heart of Harlowton, Montana. Long regarded as an essential part of everyday life in Wheatland County, the store serves local families, ranchers, farmers, and travelers alike, offering a dependable source for groceries, fresh foods, specialty goods, and daily necessities. This is more than a business opportunity — it is a chance to carry forward a trusted local institution with deep roots and lasting importance. The sale includes the real estate, operating business, equipment, goodwill, and inventory, offering a turnkey transition for the next owner. With its strong community presence, broad product mix, and irreplaceable role in the region, Midtown Market is well-suited for a buyer seeking both purpose and opportunity in a classic Montana town.

207 3rd Street NE, Harlowton

Listing courtesy of Trampus Corder from Corder and Associates LLC
$2,800,000
30068725 MLS
Midtown Market is a rare chance to own an established, community-centered grocery and retail business in the heart of Harlowton, Montana. Long regarded as an essential part of everyday life in Wheatland County, the store serves local families, ranchers, farmers, and travelers alike, offering a dependable source for groceries, fresh foods, specialty goods, and daily necessities. This is more than a business opportunity — it is a chance to carry forward a trusted local institution with deep roots and lasting importance. The sale includes the real estate, operating business, equipment, goodwill, and inventory, offering a turnkey transition for the next owner. With its strong community presence, broad product mix, and irreplaceable role in the region, Midtown Market is well-suited for a buyer seeking both purpose and opportunity in a classic Montana town.

207 3rd Street NE, Harlowton

Listing courtesy of Listing Agent: Staci Corder | staci@corderland.com from Listing Office: Corder and Associates LLC.
$500,000
1 Baths ⋅ 410057 MLS
This offering is currently operated as a daycare in Livingston's Central Business District. This was originally a residential duplex but was long ago changed into a commercial property with a large addition that was originally used for candle production. This is a 7,000 square foot lot. The same Seller is offering the adjoining property that currently has a fourplex apartment. (MLS #410042) Combining the two properties would create a 17,500 square foot lot that would be ideal for development into a combination commercial/residential project. There are so many possibilities. Bring your ideas check out these two offerings.

324 S Main Street, Livingston

Courtesy of Ernie Meador with ERA Landmark Western Land.
$879,000
30068643 MLS
The Crossroads Opportunity - A place where traffic, growth, and vision intersect. Positioned at the intersection of Marcus St and Big Corral Rd, this high-visibility commercial offering presents a rare opportunity to secure a strategic foothold in one of the Bitterroot Valley’s steadily growing corridors. With daily traffic counts exceeding 6,000 vehicles, the property delivers the kind of consistent exposure that drives successful businesses—making it ideally suited for a convenience store, neighborhood market, service-based operation, or contractor hub. Set on two parcels, the property provides both flexibility and scale—an increasingly valuable combination in today’s market. Originally constructed as a meat processing facility, the existing structure offers a functional footprint with core infrastructure. Whether reimagined, repurposed, or redeveloped, the foundation is already in place for a wide range of commercial uses. The property is connected to city water and supported by an updated septic system, offering practical utility access while maintaining independence from full municipal constraints. Located in Ravalli County this offering allows for a level of adaptability that is becoming increasingly difficult to find—giving buyers the ability to shape the property around their business vision rather than conforming to rigid use restrictions. Surrounded by a mix of residential growth, local traffic patterns, and easy access routes, this location naturally captures both commuter and community flow. Its corner positioning enhances ingress and egress, increases visibility, and reinforces its long-term commercial viability. In a market where location, flexibility, and infrastructure define value, 333 Marcus Street stands apart as a compelling investment and development opportunity. For those seeking to establish, expand, or reposition a business in the Bitterroot Valley, this property offers not just a place—but a strategic advantage.

333 Marcus Street, Hamilton

Listing courtesy of Listing Agent: Cindi Hayne | cindi@come2montana.com from Listing Office: Glacier Sotheby's International Realty Hamilton.
$675,000
30068570 MLS
Rare Beer & Wine License – Whitefish, Montana Exceptional opportunity to acquire a highly sought-after beer and wine license within the city limits of Whitefish. This versatile license is not tied to food service, offering maximum flexibility for a wide range of business concepts. Key features include: • Service hours from 8:00 AM to 2:00 AM•full beer and wine service • Retail sales permitted • Catering endorsement included • Gaming eligibility option • Not contingent on food sales This is a rare find in a tightly controlled market, ideal for operators looking to establish or expand their limited cabaret, or brewery etc limitations, tasting room, lounge, or hybrid retail concept in one of Montana’s most desirable resort communities.

nhm Central Avenue, Whitefish

Listing courtesy of Listing Agent: Joey Michael Dauenhauer | joeystyme@gmail.com from Listing Office: Glacier Park Realty.
$1,100,000
30068172 MLS
Prime Investment Opportunity in Downtown Troy, Montana! Don’t miss this rare chance to own a versatile, income-producing property in the heart of downtown Troy. This unique offering features a 7-room motel, fully operational gas station, propane dispensing station, convenience store, residential home, and high-visibility signage, all situated on a prime, high-traffic location. Motel with seven guest rooms, ideal for travelers, outdoor enthusiasts, and those passing through this scenic Northwest Montana destination. The gas station adds another strong revenue stream, serving both locals and highway traffic year-round. Included on the property is a residential home, perfect for owner occupancy, on-site management, or additional rental income. The prominent roadside sign offers excellent visibility and advertising exposure, maximizing business potential. Located near the Kootenai River and surrounded by endless recreational opportunities, Troy attracts visitors year-round for fishing, hunting, hiking, and exploring the beauty of Montana. This property is perfectly positioned to capitalize on both tourism and local demand. Whether you’re looking to expand your investment portfolio or step into a turnkey business opportunity, this multi-use property delivers location, visibility, and multiple income streams all in one package. Don’t miss your chance to own a thriving business in one of Northwest Montana’s most scenic regions!

213 & 217 E Missoula Avenue, Troy

Listing courtesy of Listing Agent: Shawna Norry | shawna@remaxlifestyleproperties.com from Listing Office: RE/MAX Lifestyle Properties.
$315,000
30068008 MLS ⋅ KSI Surveying BLDG.
Looking for a space to start your commercial business or rent office space? This established office space presents a rare chance to own a commercial building located right on California Avenue/State Hwy 37. Designed for functionality and convenience, the office features multiple desk areas (up to 6!), a dedicated conference room, a staff break room, and a private bathroom. The property also offers rear parking for staff, along with convenient street parking for clients and customers. There are storage lockers in the back for outdoor storage of equipment. Whether you're expanding or starting fresh, this space is ready for immediate use. Contact your real estate professional today to schedule a showing!

314 California Avenue, Libby

Listing courtesy of Listing Agent: Shawna Norry | shawna@remaxlifestyleproperties.com from Listing Office: RE/MAX Lifestyle Properties.
$450,000
30068329 MLS ⋅ Sinclair Gas Station BLDG.
Prime Investment Opportunity in Troy, Montana! Located in the heart of Troy, this established gas station presents a rare opportunity to own a turnkey business in a high-visibility, high-traffic location. Positioned along a main travel route, Highway 2, the property benefits from consistent local patronage as well as steady pass-through traffic from visitors and outdoor enthusiasts heading to nearby recreation areas. The property features fuel pumps, propane service fill tank, convenience store, and ample room for product expansion or additional services. There is room onsite for an electric charging station if one wanted to install. The store layout offers flexibility for retail growth whether expanding food and beverage options, adding grab-and-go items, or incorporating additional revenue streams such as lottery, tobacco, or quick-service food offerings. With a strong community presence and loyal customer base, this station serves as a reliable stop for residents, commuters, and travelers alike. The surrounding area is known for its access to outdoor recreation, drawing year-round traffic from those exploring Northwest Montana’s rivers, forests, and scenic destinations. Additional highlights include: Excellent visibility with easy in-and-out access, generous parking, and room for larger vehicles, trailers, or RVs. Potential to expand operating hours or services. Established infrastructure in place for a smooth transition. This property offers not only a business opportunity but also the chance to become a staple in a growing and vibrant small-town community. With the right vision, there is significant upside potential to increase profitability and build long-term value. Whether you’re looking to expand your investment portfolio or step into a business with proven demand, this Troy location delivers the perfect combination of stability, opportunity, and Montana charm. Several other businesses for sale next door to Sinclair Gas Station. MLS #'s 30068279/ 30068172 Don’t miss your chance to own a thriving business in one of Northwest Montana’s most scenic regions!

217 E Missoula Avenue, Troy

Listing courtesy of Listing Agent: Shawna Norry | shawna@remaxlifestyleproperties.com from Listing Office: RE/MAX Lifestyle Properties.
$440,000
30068481 MLS
Turnkey pet grooming and boarding business in Black Eagle, MT — building included. Bathe Your Own Dog Bed & Breakfast is a fully equipped, established facility featuring professional grooming stations, self-service bathing areas, and boarding spaces! Loyal clientele already in place. Everything transfers — real estate, equipment, and brand. Unique self-service model keeps overhead low while boarding adds a second revenue stream. Strong opportunity for owner-operators or investors looking to step into a thriving, day-one-ready business in the growing pet services industry. Rare chance to acquire both the real estate and a proven concept in one transaction. Contact listing agent for financials and to schedule a private showing.

1100 Smelter Avenue NE, Black Eagle

Listing courtesy of Listing Agent: Seth Haak | sethnhaak@gmail.com from Listing Office: Keller Williams Northern MT.
$440,000
30068519 MLS
Turnkey pet grooming and boarding business in Black Eagle, MT — building included. Bathe Your Own Dog Bed & Breakfast is a fully equipped, established facility featuring professional grooming stations, self-service bathing areas, and boarding spaces! Loyal clientele already in place. Everything transfers — real estate, equipment, and brand. Unique self-service model keeps overhead low while boarding adds a second revenue stream. Strong opportunity for owner-operators or investors looking to step into a thriving, day-one-ready business in the growing pet services industry. Rare chance to acquire both the real estate and a proven concept in one transaction. Contact listing agent for financials and to schedule a private showing.

1100 Smelter Avenue NE, Black Eagle

Listing courtesy of Listing Agent: Seth Haak | sethnhaak@gmail.com from Listing Office: Keller Williams Northern MT.
$139,900
410173 MLS
Prime location with significant growth potential. This well-established Great Harvest Bread Co. franchise bakery-café in Butte, Montana offers a proven, scratch-made concept focused on wholesome alternatives to big-box retailers. The business features a diverse menu of fresh breads, sandwiches, salads, and baked goods, all prepared daily using simple, high-quality ingredients. As Montana’s leading bakery brand with strong local recognition dating back to the 1970s, the location benefits from excellent visibility at a high-traffic corner intersection, a loyal and established customer base, and integrated delivery services through DoorDash. This turnkey operation provides comprehensive support for a seamless transition, including a three-week training program in Dillon, Montana covering all aspects of operations, along with one to two weeks of post-sale owner support. Backed by established franchise systems and ongoing corporate assistance, this opportunity offers a solid foundation for continued success and expansion in a thriving market. The business is being offered for sale due to family obligations. (Business & Equipment Only)

1803 Harrison Avenue, Butte

Courtesy of Kurry Mills Hoffman with Clearwater Montana Properties.
$978,554
410190 MLS
State land lease transfer with improvements. This industrial property is ready for your development. Build your property with ease by accessing land at a reasonable rate through a 99 year lease with the state of Montana. All utilities and improvements finished. Unbelievable location between I-90 and Frontage off of Nth 7th. Easy access to amenities. This parcel is ready for your development.

TBD Cultivar Street - Lot 6g, Bozeman

Courtesy of Katie Adams with McKenna Adams Commercial.
$931,770
410187 MLS
State land lease transfer with improvements. This industrial property is ready for your development. Build your property with ease by accessing land at a reasonable rate through a 99 year lease with the state of Montana. All utilities and improvements finished. Unbelievable location between I-90 and Frontage off of Nth 7th. Easy access to amenities. This parcel is ready for your development.

TBD Flora Lane - Lot 6a, Bozeman

Courtesy of Katie Adams with McKenna Adams Commercial.
$2,038,978
410183 MLS
State land lease transfer with improvements. This industrial property is ready for your development. Build your property with ease by accessing land at a reasonable rate through a 99 year lease with the state of Montana. All utilities and improvements finished. Unbelievable location between I-90 and Frontage off of Nth 7th. Easy access to amenities. This parcel is ready for your development.

TBD Flora Lane - Lot 6b, Bozeman

Courtesy of Marley McKenna with McKenna Adams Commercial.
$697,853
410181 MLS
State land lease transfer with improvements. This industrial property is ready for your development. Build your property with ease by accessing land at a reasonable rate through a 99 year lease with the state of Montana. All utilities and improvements finished. Unbelievable location between I-90 and Frontage off of Nth 7th. Easy access to amenities. This parcel is ready for your development.

TBD Fauna Street - Lot 6c, Bozeman

Courtesy of Marley McKenna with McKenna Adams Commercial.
$4,500,000
30068487 MLS
Ideal owner user opportunity in Missoula, MT with a 28,965 SF industrial facility ideally located in West Missoula less than a mile from Interstate 90. Constructed in 1995, this property is fully sprinkled with an ideal layout of office space and warehouse facilities with racking, grade level and dock doors which makes it perfectly suited for warehouse and distribution operations. Additionally, the facility includes 3,655 SF of cold storage (cooler and freezer space) for any food distributor or this space can be repurposed to increase the total useable warehouse SF from 22,066 up to 25,721 SF. 28,965 SF industrial building Constructed in 1995 Zoned M1-2 Strategic Missoula location

5625 Expressway Drive, Missoula

Listing courtesy of Listing Agent: Andrew Squires | andrew.squires@evusa.com from Listing Office: Engel & Völkers Western Frontier - Missoula.
$803,116
410172 MLS
State land lease transfer with improvements. This industrial property is ready for your development. Build your property with ease by accessing land at a reasonable rate through a 99 year lease with the state of Montana. All utilities and improvements finished. Unbelievable location between I-90 and Frontage off of Nth 7th. Easy access to amenities. This parcel is ready for your development.

TBD Fauna Street - Lot 6d, Bozeman

Courtesy of Marley McKenna with McKenna Adams Commercial.
$822,609
410167 MLS
State land lease transfer with improvements. This industrial property is ready for your development. Build your property with ease by accessing land at a reasonable rate through a 99 year lease with the state of Montana. All utilities and improvements finished. Unbelievable location between I-90 and Frontage off of Nth 7th. Easy access to amenities. This parcel is ready for your development.

TBD Fauna Street - Lot 6e, Bozeman

Courtesy of Katie Adams with McKenna Adams Commercial.
$413,254
410165 MLS
State land lease transfer with improvements. This industrial property is ready for your development. Build your property with ease by accessing land at a reasonable rate through a 99 year lease with the state of Montana. All utilities and improvements finished. Unbelievable location between I-90 and Frontage off of Nth 7th. Easy access to amenities. This parcel is ready for your development.

TBD Cultivar Street - Lot 6j, Bozeman

Courtesy of Marley McKenna with McKenna Adams Commercial.
$417,152
410163 MLS
State land lease transfer with improvements. This industrial property is ready for your development. Build your property with ease by accessing land at a reasonable rate through a 99 year lease with the state of Montana. All utilities and improvements finished. Unbelievable location between I-90 and Frontage off of Nth 7th. Easy access to amenities. This parcel is ready for your development.

TBD Wheat Drive - Lot 6i, Bozeman

Courtesy of Katie Adams with McKenna Adams Commercial.
$440,544
410161 MLS
State land lease transfer with improvements. This industrial property is ready for your development. Build your property with ease by accessing land at a reasonable rate through a 99 year lease with the state of Montana. All utilities and improvements finished. Unbelievable location between I-90 and Frontage off of Nth 7th. Easy access to amenities. This parcel is ready for your development.

TBD Flora Lane - Lot 6h, Bozeman

Courtesy of Marley McKenna with McKenna Adams Commercial.
$2,031,180
410158 MLS
State land lease transfer with improvements. This industrial property is ready for your development. Build your property with ease by accessing land at a reasonable rate through a 99 year lease with the state of Montana. All utilities and improvements finished. Unbelievable location between I-90 and Frontage off of Nth 7th. Easy access to amenities. This parcel is ready for your development.

TBD Wheat Drive - Lot 6f, Bozeman

Courtesy of Katie Adams with McKenna Adams Commercial.
$1,700,000
30068421 MLS
Situated in an 11,000+ sqft facility off Airway boulevard. This property has been used as a brewery and a tap room. Features include multiple offices, a separate space that has been used as a video/photography studio, a large walk in cooler, and a sunny green space off two french doors. The smaller warehouse space has an overhead door and ample ceiling height. The larger warehouse space also features 2 overhead doors and a covered loaing area. This sale does not include the brewing or taproom equipment or fixtures. Contact listing agent or your Realtor for the extensive list of brewing equipment and inventory.

5646 W Harrier Drive, Missoula

Listing courtesy of Listing Agent: Matt Rosbarsky | matt@clarkforkrealty.com from Listing Office: Clark Fork Realty.
$775,000
30068307 MLS
Turnkey business opportunity in the heart of Libby! This established indoor climbing gym offers a rare chance to own a unique recreational and fitness destination in one of Northwest Montana's most scenic communities. The facilities features a variety of climbing walls and has training available for all skill levels from beginners to experienced climbers. With a strong local following and growing interest in health and fitness, this business is well-positioned for continued success. This is a fully equipped, ready to-operate business with excellent potential. The facility is thoughtfully designed with a weight room, locker rooms, office space, and event spaces/party rooms. Whether you're an entrepreneur, investor, or climbing enthusiast this is your chance to own a lifestyle business in beautiful Libby, Montana. Call and schedule your tour today.

412 Mineral Avenue, Libby

Listing courtesy of Listing Agent: Brody Goucher | brody@c21summitrealty.com from Listing Office: CENTURY 21 Summit Realty.
$775,000
30068394 MLS
Rare opportunity to acquire an All-Beverage Liquor License within the City of Missoula. With a limited number of licenses available and continued growth in the local market, opportunities like this are increasingly difficult to find. This license permits the sale of beer, wine, and spirits for on-premises consumption, making it well-suited for a variety of hospitality uses including restaurants, bars, and entertainment venues. Due to state-imposed restrictions on new license issuance, existing licenses remain in high demand and are a critical component for operators looking to establish or expand in Missoula's food and beverage sector. This offering presents a strong opportunity to secure a valuable and limited asset in a growing market. Contact listing agent for additional information regarding transfer requirements and eligibility.

All Beverage Liquor License, Missoula

Listing courtesy of Listing Agent: Christopher Funston | chrisfunston@eralambros.com from Listing Office: ERA Lambros Real Estate Missoula.
$5,390,000
409694 MLS
Positioned for commercial potential in the highly sought-after Springhill area of Gallatin Valley, this property offers 33 acres with 20+/- acres eligible for subdivision or future development. With no HOA and no active covenants, this property presents a rare opportunity for investors, event operators, or equestrian ventures seeking flexibility and expansion potential just 8 miles from Bozeman and 10 minutes from BZN/Yellowstone International Airport. At the heart of the property, the historic Star M Barn—originally hand-raised in 1917 and extensively restored from 2018 to present—offers exceptional versatility as an established seasonal wedding venue, with potential for expanded event operations or alternative commercial uses such as an equestrian facility. The barn features a fire suppression system, high-speed internet capability, LED lighting, and a propane fire pit, creating an inviting and functional gathering space. Set against sweeping views of the Bridger Mountains and Ross Peak, the property includes a seasonal creek flowing through the property. Multiple residential structures enhance both livability and income potential, including a 3 bed, 2 bath reclaimed lumber guest house (2022), a newly completed 1 bed 1 bath guest cabin (2024) and an upgraded 4 bed, 2 bath historical farmhouse with new furnace and septic. Additional improvements include a heated and insulated 40x60 shop (2021), converted office space, and an RV pad with full hookups. For agricultural or equestrian operations, the property is equipped with a corral area, small smokehouse, and two squeeze chutes. The north and south 10-acre parcels remain undeveloped and are currently leased for farming, offering agricultural tax benefits. Infrastructure is in place for future expansion, including 800-amp electrical service, four wells, and three septic systems—two of which allow for additional structures. Combining commercial opportunity, development potential, and Montana heritage, Star M is a truly rare offering suited for investors, business owners, or those seeking a legacy property with multiple revenue streams.

4186 Stimson Lane, Belgrade

Courtesy of Ami Sayer with Berkshire Hathaway - Bozeman.
$625,000
30068314 MLS
Opportunity to own a piece of downtown Kalispell history at 736 Main St. This well located property features six private office spaces and two bathrooms, offering a functional layout suited for a variety of professional uses. Alley access and on site parking add to the overall convenience. Just a 3 minute walk from the Flathead County Courthouse, the property is especially practical for legal, administrative, and service oriented users. Flexible R5 zoning allows for a range of potential uses, including office, residential, or mixed use configurations. Ideal for professional users seeking a central location with excellent accessibility in downtown Kalispell.

736 S Main Street, Kalispell

Listing courtesy of Listing Agent: Nathan Feliksa | nfeliksa@sage-montana.com from Listing Office: Silvercreek Realty Group LLC - MT.

board logoIDX information provided courtesy of the Montana Regional MLS, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.