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$650,000
30076542 MLS
Turnkey opportunity to own both a profitable steakhouse business and a historic commercial property in the heart of downtown Harlowton! Offering over 4,100 sq ft, this well-maintained two-story building is home to an established, profitable steakhouse serving Eastern Montana. The spacious main level provides functional restaurant space, while the upper level offers additional room with excellent potential for expansion, private events, office space, storage, or future redevelopment. The business features a full beverage license with a casino option, along with a great staff and strong reputation in the community. Located along Central Avenue with excellent visibility, easy access, and strong local traffic, the property combines historic character with an established operating business. This is a unique opportunity to acquire both the real estate and a successful restaurant business with an existing presence in the community. Call today for additional information or to schedule a private showing. Info deemed reliable but not guaranteed. Buyer/buyer agent to verify.

11 Central Avenue N, Harlowton

Listing courtesy of Listing Agent: Shonna Ruble | shonna@shonnakeyteam.com from Listing Office: LPT Realty.

$650,000
361193 MLS
Turnkey opportunity to own both a profitable steakhouse business and a historic commercial property in the heart of downtown Harlowton! Offering over 4,100 sq ft, this well-maintained two-story building is home to an established, profitable steakhouse serving Eastern Montana. The spacious main level provides functional restaurant space, while the upper level offers additional room with excellent potential for expansion, private events, office space, storage, or future redevelopment. The business features a full beverage license with a casino option, along with a great staff and strong reputation in the community. Located along Central Avenue with excellent visibility, easy access, and strong local traffic, the property combines historic character with an established operating business. This is a unique opportunity to acquire both the real estate and a successful restaurant business with an existing presence in the community. Call today for additional information or to schedule a private showing. Info deemed reliable but not guaranteed. Buyer/buyer agent to verify.

11 Central Avenue N, Harlowton

Listing courtesy of Shonna Ruble from LPT Realty

$425,000
413923 MLS
Rare opportunity to own a well-maintained 1,044 SF second-floor office condo featuring THREE private offices in the Valley Commons Professional Campus. A recent build-out ADDED A THIRD private office, giving an owner-occupant a functional, ready-to-use layout with three dedicated offices — each with exterior windows for great natural light and scenic Bridger Mountain views. It's a rare find at this size: three true private offices rather than open space a buyer has to divide themselves. Rounding out the suite is a right-sized reception area, ideal for a waiting space or small conference room, and a large kitchen/breakroom — freshly repainted — that can also accommodate additional desks or workstations. The building offers elevator access to the second floor, shared restrooms and common areas, and professional on-site maintenance. An excellent fit for an owner-occupant looking to control their space or an investor seeking a well-located professional asset.

3805 Valley Commons Drive Unit 12, Bozeman

Courtesy of Marley McKenna with McKenna Adams Commercial.

$995,000
30076585 MLS
Multi-use building walkable to downtown Whitefish located on Spokane Ave. Prime for your professional office with high visibility for signage and accessibility. Could be converted to residential dwelling where the WR-4 Zoning gives way to multi-use potential. Paved driveway off Spokane as well as alley access with plenty of extra parking space in the back. Main level has handicap ramp and is used as a professional office. Upstairs is a 1-bedroom furnished apartment that can be rented for residential or used as extra office space. Main floor has a reception area, 3 individual office spaces, and bathroom. Many exterior updates include new front porch & steps, roof, windows, and exterior paint.

533 Spokane Avenue, Whitefish

Listing courtesy of Listing Agent: Austin Zomer | austin@discovermt.com from Listing Office: Shadow Creek Land Company.

$150,000
361197 MLS
Be part of the exciting rejuvenation of downtown Roundup with this versatile Main Street storefront! This property offers excellent potential for an entrepreneur, established business, or investor looking to bring a new vision to the community. With its flexible layout & prime location, possibilities are endless. Imagine this space as a retail shop, fitness & or dance studio, hair/nail/ massage salon, or a unique business of your own. Full basement has a loading dock to the alley. Once used as an apartment with a full kitchen & bathroom, this could be an income source while you run your business on the main level. Whether ready to launch your dream business or expand an existing one, this storefront provides a wonderful opportunity to become part of Roundup's growing downtown revitalization. Bring your ideas, creativity, and vision—this space is ready for its next chapter!

218 Main Street, Roundup

Listing courtesy of Marie Barth from Kelly Right Real Estate

$799,999
30076360 MLS
Prime turn-key cannabis commercial facility with exceptional US Highway 93 frontage in Florence! Built in 2021 and spanning 2,500 sq. ft. on 2.32 acres, this facility is custom-designed for the industry with dedicated cultivation/grow rooms, an extraction lab, and a specialized commercial kitchen. Updated heavy-duty 480V 3-Phase electricity, ductless heating/cooling, metal siding and roof, and high-speed internet capability. Unbeatable highway visibility, room for expansion, and heavy utility infrastructure make this an ideal setup for a licensed operator ready to launch or expand immediately! Supplemental Remarks Highway frontage on US Highway 93 N Strong daily traffic counts Excellent visibility and signage potential Flexible commercial use potential (subject to zoning) Ample parking and easy ingress/egress Growing surrounding commercial and residential development Zoning, development potential, and future use subject to local jurisdiction approval. Buyer to conduct independent due diligence regarding land use, access, utilities, and development regulations

5701 US Hwy 93 N, Florence

Listing courtesy of Listing Agent: Dominic Hyde | dominic@hyderealtycompany.com from Listing Office: Real Broker, LLC.

$6,750,000
30076458 MLS
Waypointe represents one of the premier urban infill redevelopment opportunities in Missoula's celebrated Hip Strip district. Ownership has assembled a contiguous 41,700-square-foot development site - a rare feat in this supply constrained corridor - following the successful approval of an alley vacation in June 2025. The result is a clean, unencumbered footprint with no alley bisecting the site, significantly expanding buildable area and design flexibility. The property currently generates approximately $298,788 of stabilized annual NOI from seven commercial tenants operating under predominantly triple-net lease structures with leases staggered through 2026-2029. Most redevelopment sites generate little or no income during entitlement, design and permitting - Waypointe provides a developer nearly $300,000 annually to offset carrying costs, equation to $896,000 in aggregate NOI through the current lease term. Missoula's new Unified Development Code (Title 22, effective March 4, 2026) has transformed the regulatory environment. Parking minimums have been eliminated citywide, density maximums removed, and by-right development is now permitted - eliminating discretionary review risk. The Hip Strip is zoned to match the City's highest density downtown. Attached in Documents is the OM and a history of the property PDF with more information. In my 34 years of real estate this is probably the 2nd or 3rd best redevelopment site I've seen in Missoula.

115 S 4th Street W, Missoula

Listing courtesy of Listing Agent: Jessie M Eagen | jessie@jessieeagen.com from Listing Office: Eagen Real Estate.

$575,000
413945 MLS
Opportunity awaits at 24 Ohio Street! This versatile commercial property offers an excellent combination of office, shop, and outdoor space with plenty of flexibility for a wide range of business uses. Situated on a spacious 26,920± sq. ft. lot, the 2,760± sq. ft. building provides dedicated space for both office operations and hands-on work or storage. The expansive lot offers plenty of room for parking, equipment, company vehicles, materials, or additional outdoor workspace. With its combination of functional indoor space and a large usable lot, this property could be a great fit for contractors, trades, service-based businesses, storage operations, or a company looking for a dedicated headquarters in Butte. Whether you’re ready to move your business out of the home garage, need more room for a growing operation, or are looking for a commercial property with space to make your own, 24 Ohio Street offers the room and versatility to bring your plans to life.

24 S Ohio, Butte

Courtesy of Markee Richards with Platinum Real Estate.

$15,500,000
30076460 MLS
RA-2 Zoned 36-Unit Multi-Family Portfolio Opportunity in North Kalispell. Bruyer Heights presents an exceptional turn-key investment with versatile income streams, fully approved for short-term vacation rentals (Airbnb/VRBO via City administrative permit), flexible mid-term, or long-term leasing. Phased Delivery Structure: Offered as a 36-unit master agreement with two planned closings—Phase 1 (12-plex) available early 2027, with Phase 2 (24 units) delivered upon CO. Modern 2 Bed / 2 Bath floor plans feature low-maintenance construction, ductless heat pumps, and high-efficiency finishes. Prime regional location just 10 minutes to Glacier Park International Airport (FCA), 20 minutes to Whitefish, and 35 minutes to Glacier National Park. Full financial pro-forma and investor packet available upon request. Listing agent has ownership interest in the property.

95 & 101 Village Loop, Kalispell

Listing courtesy of Listing Agent: Janet Cantrell | radiantrealtymt@gmail.com from Listing Office: Ideal Real Estate.

$2,700,000
30076419 MLS
Looking for that great investment property, just outside the city limits of Hamilton, MT. Walk to the blue-ribbon rated, Bitterroot River, and along the way visit the Linda Massa Memorial Art Park with unique, moving sculptures (one of a kind).. The main building features the Bitterroot General store (discount prices); Bitterroot Finds (treasures old and new); 2 - 1 bedroom apts.; 3 bed/2 bath apt; 2 bed/2 bath apt.; Much of this main building has been tastefully refreshed inside and out. Also included, is a 3 bed/2 bath doublewide mobile home also recently refreshed inside and out; an extra RV spot (all hookups) to put another mobile home/RV on; Hamilton, MT is constantly mentioned as a great place to retire and invest. Some say it may turn into the next Jackson Hole, WY. Owner financing is a big plus in our current economic environment. This property features a good cap rate and a 1031 Exchange possibility. The two businesses are not included in the sale, Give me a call/text/email for more details. Thanks for your interest.

529 W River Road SE corner Bowman Rd/W River Rd, Hamilton

Listing courtesy of Listing Agent: Marty G. Kukich | martykukich@hotmail.com from Listing Office: Martin G. Kukich Broker.

$349,000
413901 MLS
An excellent opportunity to take over a fully equipped, turnkey automotive mechanic shop with everything needed to begin or continue operating a professional repair business. The shop offers a functional layout, comprehensive selection of automotive equipment and hand tools, and an affordable assumable lease, making this an attractive opportunity for an experienced mechanic, automotive business owner, or entrepreneur looking to establish a shop without the expense of purchasing and outfitting a new facility. One of the biggest advantages of this opportunity is the affordable existing lease, which may be assumable by a qualified new tenant, subject to landlord approval and the terms of the current lease. Taking over an existing automotive shop space can significantly reduce the cost and time involved in starting a new operation. The facility is already configured for automotive repair, allowing a new owner/operator to focus on servicing customers rather than building out a shop from scratch.

40 Big Timber Loop Road, Big Timber

Courtesy of Mary Ann Duffey with Sonny Todd Real Estate.

$1,799,999
412699 MLS
COMMERCIAL OPPORTUNITY with EXISTING INCOME & SHOP on 3+ Acres. NO COVENANTS & HOA. Don't miss this exceptional investment opportunity located on the highly sought-after Bozeman-to-Big Sky corridor, boasting ~520 feet of premium frontage on Gallatin Road / Hwy 191. This unique property offers incredible visibility, flexibility, & long-term, future potential in one of Southwest Montana's fastest-growing markets with approximately 16,000 vehicles passing daily. This strategic location captures year-round commuter, recreation, tourism, & Yellowstone traffic traveling between Bozeman, Four Corners, Gallatin Gateway, & Big Sky. Whether you're an investor, developer, entrepreneur, or business owner, opportunities with this level of exposure are becoming increasingly rare. The property includes multiple tenant occupied modular residences, & a shop that provide immediate utility for storage, rental income, business operations, or live/work flexibility. While the existing improvements offer short-term functionality, the true value lies in the land itself & the commercial opportunity it presents. Unlike many properties, this parcel benefits from no zoning restrictions, allowing exceptional flexibility for a wide variety of future uses. Potential opportunities include mixed-use development, workforce housing, contractor or service-based businesses, retail, hospitality, convenience services, storage, or other commercial ventures designed to meet the growing needs of this rapidly expanding corridor. Positioned between Bozeman (14 miles), Belgrade (15 miles), & Big Sky (25 miles), this property sits within the path of continued growth where commercial land with Hwy 191 frontage remains in limited supply & rarely exchanges hands. As development continues to expand south from Bozeman & north from Big Sky, well-positioned parcels like this are becoming increasingly difficult to find. With multiple access points, outstanding visibility, & unmatched location, this is an opportunity to secure land where future demand is expected to continue outpacing supply. Whether you're looking to establish a business, expand your investment portfolio, generate interim income, or position yourself for future development, 72652 Gallatin Road offers the location, flexibility, & long-term upside that savvy buyers recognize. Opportunities with this combination of frontage, acreage, & development potential rarely become available.

72652 Gallatin Road, Gallatin Gateway

Courtesy of Carissa Maus with ERA Landmark Real Estate.

$1,595,000
30076415 MLS
Six units. Eighteen bedrooms. One address that checks every box on an investor's list. This fully-realized 6-plex delivers a unit mix you rarely find in multifamily: all six units are true 3 bedroom / 2 bath floor plans — the configuration families and long-term tenants actively search for and stay in. Larger units mean stronger rents, lower turnover, and a tenant pool that treats the property like home. Location does the heavy lifting here. Situated just steps from Super 1 Foods, tenants enjoy walkable access to groceries, dining, and everyday services — a genuine convenience premium in a market where most rentals require a drive for the basics. Columbia Falls itself continues to ride the momentum of the Flathead Valley, anchored by its position as the gateway to Glacier National Park, a thriving downtown, and steady employment across Kalispell, Whitefish, and the surrounding trade area. This spacious 3/2 units in one of Montana's tightest rental markets, the numbers speak for themselves. The Flathead Valley's persistent housing shortage keeps vacancy low and demand high — and family-sized units in walkable locations sit at the top of that demand curve. Whether you're a seasoned multifamily investor scaling your Montana portfolio or a 1031 exchange buyer seeking a stable, income-producing asset in a growth corridor, this property offers durable cash flow with long-term appreciation upside. Opportunities like this — six large-format units, one parcel, prime location — don't surface often in Columbia Falls. Schedule your showing today.

4 Diane Road, Columbia Falls

Listing courtesy of Listing Agent: Burke L Tyree | burke@tyreerealestate.com from Listing Office: Tyree Real Estate, Inc..

$575,000
361160 MLS
0 Boulder St. – Prime Commercial Corner Lot in Big Timber Excellent high-visibility corner property located at the intersection of 4th Ave. and Boulder St. in Big Timber. This versatile commercial property offers outstanding exposure and is zoned Highway Business, allowing for a wide range of commercial uses. Property features include: • Older 25' x 100' warehouse situated along 4th Ave. • 200-amp electrical service already installed. • Natural gas service connected to the building. • Water and sewer utilities available along the rear property line. • The lot is 17,337 square feet (0.40± acres). Whether you're looking to establish a new business, expand your operations, or invest in a highly visible commercial property, this location offers exceptional potential in one of Big Timber's most accessible commercial corridors.

Boulder Street, Big Timber

Listing courtesy of Donald Logan Todd from Sonny Todd Real Estate

$575,000
413896 MLS
0 Boulder St. – Prime Commercial Corner Lot in Big Timber Excellent high-visibility corner property located at the intersection of 4th Ave. and Boulder St. in Big Timber. This versatile commercial property offers outstanding exposure and is zoned Highway Business, allowing for a wide range of commercial uses. Property features include: • Older 25' x 100' warehouse situated along 4th Ave. • 200-amp electrical service already installed. • Natural gas service connected to the building. • Water and sewer utilities available along the rear property line. • The lot is 17,337 square feet (0.40± acres). Whether you're looking to establish a new business, expand your operations, or invest in a highly visible commercial property, this location offers exceptional potential in one of Big Timber's most accessible commercial corridors.

Boulder Street, Big Timber

Courtesy of Logan Todd with Sonny Todd Real Estate.

$499,900
30076399 MLS
Opportunity meets flexibility with this 5-bedroom, 2-bath home on a mixed-use two lot property in Boulder, Montana. Whether you're looking for a primary residence, or an investment with versatile potential, this property offers a variety of possibilities. The home features an additional family room for flexible living space, while outside you'll find a large shop with ample room for equipment, storage, projects, or business operations. An RV pad adds even more convenience for recreational vehicles, work trailers, or guest parking. Set against the backdrop of Montana's beautiful mountain ranges, you'll enjoy scenic views and the charm of small-town living with the added benefit of mixed-use zoning. This is a unique opportunity to live, work, and invest—all in one property

5 Lenore Lane & TBD Garden Drive, Boulder

Listing courtesy of Listing Agent: Heidi Lagerquist | heidi@cbmountainside.com from Listing Office: Coldwell Banker Mountainside Realty.

$2,950,000
413881 MLS
Exceptional investment opportunity in the heart of Bozeman! .....offering includes two side-by-side income-producing properties at 516 and 520 W Main Street, ideally positioned just west of Willson School and across new Hampton Inn Hotel in Bozeman's midtown redevelopment corridor. Both operate currently as a combination of residential apartments and vacation rentals, offering immediate cash flow with flexibility for future use. Both buildings have been extensively updated, including electrical, plumbing, furnaces, water heaters, kitchens, and bathrooms. Each unit is separately metered, making ownership and management efficient. Beyond the current income, both properties present outstanding long-term value. The combined site is adjacent to another parcel that is separately offered for sale, creating the potential for a larger West Main Street assemblage and future redevelopment. Investors may continue operating the properties as income-producing assets or explore redevelopment opportunities in one of Bozeman's most active growth corridors. The properties also offer flexibility to be purchased individually...but Sellers prefer to sell both together. Whether a Buyer/investor is seeking stable rental income, short-term rental potential, or a strategic land investment with future development upside, this is a rare opportunity in a highly desirable Main Street location.

516 & 520 W Main Street, Bozeman

Courtesy of Joe Cobb with Cobb Realty Group.

$1,500,000
30074811 MLS
Don't miss this opportunity to acquire a stable, income-producing commercial investment at 4545 Majestic Drive, Missoula, MT. This professionally maintained commercial condominium is 100% leased to an established long-term tenant under a Triple Net (NNN) lease through December 2031, providing dependable cash flow with minimal landlord responsibilities. The lease includes annual rent escalations, offering built-in income growth throughout the remaining lease term. With the tenant responsible for taxes, insurance, and maintenance, this property delivers the low-management ownership experience investors seek. As part of a condominium association, the property benefits from quality exterior maintenance and common area management, allowing for a truly passive investment. The combination of a long-term lease, annual rent increases, and a strong tenant makes this an exceptional opportunity for investors seeking stability and predictable returns. Offered at $1,500,000, this property is well suited for investors looking to expand their commercial portfolio or complete a 1031 exchange. Secure an established, fully leased asset with long-term income potential in one of Western Montana's strongest commercial markets.

4545 Majestic Drive Unit B, Missoula

Listing courtesy of Listing Agent: Courtney Tyler | courtney.tyler@evrealestate.com from Listing Office: Engel & Völkers Western Frontier - Missoula.

$679,000
30076260 MLS
Prime Kalispell professional office on the high-visibility Four Mile Drive corridor — roughly 27,700 vehicles per day, just off Highway 93 and minutes from the Logan Health medical campus. This 1,722+/- SF office condominium has been extensively updated and is move-in ready: fresh paint, new flooring, room-darkening window treatments, and a flexible exam-room/private-office build-out that makes it truly turnkey for medical, dental, or professional users. Built in 2005 and fully ADA-accessible via a shared elevator, the suite offers high-speed internet, central heating and air, four common-area restrooms, and a shared paved parking lot. Vacant and available for quick possession in one of the Flathead Valley's fastest-growing commercial nodes. Zoned R-5/PUD.

20 Four Mile Drive Unit 4, Kalispell

Listing courtesy of Listing Agent: Tyler Powell | tyler@catalyst-cre.com from Listing Office: Catalyst Commercial.

$415,000
1 Baths 413583 MLS
This versatile commercial shop condominium delivers the height, access, and functional workspace that are increasingly difficult to find in the Belgrade market. The approximately 1,600-square-foot main level features an impressive 17-foot ceiling and a 14-foot-tall overhead door, providing excellent clearance for large vehicles, trailers, equipment, automotive lifts, and vertical storage. The open shop area is complemented by a separate entry, finished office, private bathroom, and an upper mezzanine that provides additional office, storage, or flexible workspace. The deep, functional layout allows ample room for vehicles and equipment while maintaining dedicated space for day-to-day business operations. Ideal for a contractor, trades business, automotive enthusiast, recreational vehicle owner, or anyone seeking secure personal warehouse space near the airport and Belgrade’s growing commercial corridor. The combination of substantial ceiling height, oversized access, finished office space, and additional mezzanine makes this unit a highly adaptable opportunity for business or personal use.

211 Jetway Drive Unit D, Belgrade

Courtesy of Kari Francisco with Engel & Volkers - Bozeman.

$130,000
30076314 MLS
Don’t miss this investment opportunity in the heart of Dutton, Montana. This trailer park features 4 trailer lots and includes one park-owned trailer, offering immediate income potential with room for future growth. Currently operating at 75% occupancy, this property presents an opportunity for investors looking to increase cash flow through lease-up, improvements, or long-term ownership. The property is being sold AS-IS, WHERE-IS, with the buyer accepting the property in its current condition. Whether you’re an experienced investor or looking to expand your portfolio, this is a chance to acquire an income-producing property with upside potential in a small-town Montana community.

3 3rd Avenue SE, Dutton

Listing courtesy of Listing Agent: Sierra Johnson | sfjohnson091997@gmail.com from Listing Office: The Front Agency.

$1,350,000
361120 MLS
Position your business at one of the Red Lodge area's most visible commercial locations. Just two miles north of town, this 10.28± acre property offers approximately 970 feet of frontage along US Highway 212, capturing year-round local traffic and visitors traveling to Red Lodge, the Beartooth Highway, and Yellowstone National Park. Exceptional water features include two scenic spring-fed ponds, a developed spring, private well, and transferable water rights, including a historic commercial right once used to produce ice for surrounding communities. Flexible topography, mountain views, natural amenities, and outstanding highway exposure create an ideal setting for a hotel, restaurant, brewery, distillery, event venue, resort, campground, RV park, wellness retreat, mixed-use development, or other commercial venture. Rare location, visibility, water resources, and development potential.

7209 US Highway 212, Red Lodge

Listing courtesy of Donald Logan Todd from Sonny Todd Real Estate

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.