Six-Unit Mixed-Use
For Sale
$895,000
124/126 S 2nd, Livingston, MT 59047
ResidentialIncome, Livingston, MT
Property Size8,151 SF
Price / SF$109.80
Days on Market268
Property Features for 124/126 S 2nd
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
DD
Parking features
On Street, Offsite
Subdivision
Livingston Original Plat
Directions
Turn right onto 2nd Street and continue south; 126 S 2nd Street will be on your right-hand side shortly after the intersection with Park Street.
Standard status
Active
APN
0000008700
Taxes and HOA fees
Tax Year
2025
Tax Description
LIVINGSTON ORIGINAL TOWNSITE, S13, T02 S, R09 E, BLOCK 80, LOT 13 - 14
Tax Annual Amount
12214
Legal Description
LIVINGSTON ORIGINAL TOWNSITE, S13, T02 S, R09 E, BLOCK 80, LOT 13 - 14
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Varies by Unit
Water source
Public
Amenities
shared common area
kitchenette
conference rooms
A/C
large windows
Building Details
Year built
1934
Number of units
1
Listing Agency:
Berkshire Hathaway - Bozeman · Berkshire Hathaway HomeServices
(406) 586-7676
Listed By:
Ryley Kerik · License #RBS-99844
(406) 404-8466
Added: Dec 5, 2025
Changed: Aug 27
Last Checked: Aug 30 at 5:06PM
MLS# 407602
Copyright © 2026 Big Sky Country MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1934, this 8,151-square-foot mixed-use building contains six leased units with varied layouts. The property includes two offices oriented toward the front, shared common space, a kitchenette, conference rooms, air conditioning, and large windows providing natural light and downtown views. An alley-accessed studio apartment adds a live-work component alongside the commercial spaces.
The building is located at 124/126 S 2nd in Livingston’s historic downtown district. Public water and sewer serve the property, with forced-air heating and cooling that varies by unit. Parking is available offsite and on street. The property is described with limited use restrictions and a pro-forma 6.5% cap rate.
The building is located at 124/126 S 2nd in Livingston’s historic downtown district. Public water and sewer serve the property, with forced-air heating and cooling that varies by unit. Parking is available offsite and on street. The property is described with limited use restrictions and a pro-forma 6.5% cap rate.
Key Highlights
- 8,151‑square‑foot mixed‑use building with six leased units
- Two front‑facing offices plus shared common space, kitchenette, and conference rooms
- Alley‑accessed studio apartment supports a live‑work configuration
Property Analytics
Property Profile
Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
978
Businesses Nearby
Explore this area
Business Placement
Demographics for 59047, MT
13,319
Population
6,710
Households
2
Avg Household Size
45
Median Age
36%
College-Educated
97%
High-School Grad
781.3 sq mi
ZIP Area
17
Density / Sq Mi
$70,176
Median Household Income
$41,117
Median Earnings
$980
Median Rent
$420,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Historic-district property combines office suites with an alley-accessed studio apartment.
Where is this mixed-use property located?
The property is located at 124/126 S 2nd Livingston, MT.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 8,151‑square‑foot mixed‑use building with six leased units; Two front‑facing offices plus shared common space, kitchenette, and conference rooms; Alley‑accessed studio apartment supports a live‑work configuration
