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Downtown Mixed-Use Income Building
For Sale
$596,000
Pending

124 E Commercial Avenue, Anaconda, MT 59711

MULTI_FAMILY - Other - Anaconda, MT

Property SizeContact for details
Lot Size0.16 Acres
Days on Market73

Property Features for 124 E Commercial Avenue

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning description None/Unknown
Directions See Map
Subdivision 10A - Anaconda
Standard status Pending
APN 0000221900
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description ANACONDA ORIGINAL TOWNSITE, S03, T04 N, R11 W, BLOCK 6, LOT 23 - 24
Tax Annual Amount 5917
Legal Description ANACONDA ORIGINAL TOWNSITE, S03, T04 N, R11 W, BLOCK 6, LOT 23 - 24

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Ceiling Fan(s)
Water source Public

Building Details

Year built 1950
Floors in Building 2
Number of units 4
Architectural style Other
Listing Agency: Century 21 Shea Realty · Century 21 Real Estate
Listed By: Michael Moreni · License #BRO-108216
Added: May 30 Changed: Aug 4 Last Checked: Aug 10 at 8:06AM
MLS# 411505

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.

This downtown mixed-use building at 124 E Commercial Avenue includes two fully leased commercial storefronts and four residential apartments. The property also offers a shared laundry area and a covered patio for residents, and basement space that can support storage and other uses. Two of the apartments have been recently remodeled.

The building is located about one block from Main Street in Anaconda, within Deer Lodge County. It includes off-street parking and an unused ground-level space that is ready for conversion into an additional commercial unit, storage rental, or another income-producing use. An adjoining lot is included, which may support expanded parking or other future improvements.

With commercial and residential income in place, this property provides a diversified operating setup while offering additional space on-site for potential conversion and growth.

Key Highlights

  • Prime downtown location, just one block from Main Street
  • Diversified income stream from two commercial storefronts and four residential apartments
  • Includes an adjoining lot for expanded parking or future development

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Furniture & Home Goods (Bike/Boat/Book/etc) Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

384
Businesses Nearby

Demographics for 59711, MT

9,234
Population
6,108
Households
1.5
Avg Household Size
50
Median Age
23%
College-Educated
93%
High-School Grad
558.6 sq mi
ZIP Area
17
Density / Sq Mi
$50,965
Median Household Income
$33,725
Median Earnings
$666
Median Rent
$215,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Mixed-use property with two leased storefronts and four residential apartments, plus off-street parking and an unused ground-level space.
Where is this quadplex located?
The property is located at 124 E Commercial Avenue Anaconda, MT.
What is the asking price?
The asking price for this property is $596,000.
What are key features of this property?
This property features: Prime downtown location, just one block from Main Street; Diversified income stream from two commercial storefronts and four residential apartments; Includes an adjoining lot for expanded parking or future development
More about this property
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