Mixed-Use Historic
For Sale
$895,000
124/126 S 2nd, Livingston, MT 59047
Downtown live-work building with offices, studio apartment, and shared amenities for flexible commercial and residential use.
Property Size8,151 SF
Price / SF$109.80
Days on Market252
Property Features for 124/126 S 2nd
General Information
Standard status
Active
Size
8,151 SF
Property subtype
Commercial
Zoning
DD
Financials
Cap Rate
6.5%
Business Included
Yes
Additional Details
Office Units
2
Taxes and HOA fees
Annual Taxes
$12,214
Building Details
Building Size
8,151 SF
Year Built
1934
Tenancy
Multi
Listing Agency:
Berkshire Hathaway - Bozeman
(406) 570-6336
Listed By:
Carrie Bryan
(406) 570-6336
Source:
Outlaw
Added: Dec 8, 2025
Changed: Aug 16
Last Checked: Aug 16 at 3:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway - Bozeman
Investment Insights
Based on property information with market context.
This downtown mixed-use building totals 8,151 square feet and is configured as six units of mixed sizes. Two front-facing offices are supported by a shared common area, kitchenette, and conference rooms, along with air conditioning and large windows designed to bring in natural light and downtown views. An alley-accessed studio apartment supports a true live-work setup and can also operate as a short-term or long-term rental option.
The property is located in the historic downtown district and is described as having limited use restrictions. Additional described context includes neighboring businesses and a location in the area associated with the northern gateway to Yellowstone National Park, with a short drive to Bozeman. Seller financing is available, and floor plans are included in the listing photos.
For tenants, buyers, or operators, the mix of front office space and a dedicated studio apartment can fit professional services, retail, creative studio uses, residential operations, medical uses, or co-working concepts. The shared office amenities—common area, kitchenette, and conference rooms—may help support day-to-day workflows, while the alley-accessed unit provides a separate residential-style entry point for a live-work or rental component. The listing is offered with a pro-forma 6.5% cap rate as stated in the remarks.
The property is located in the historic downtown district and is described as having limited use restrictions. Additional described context includes neighboring businesses and a location in the area associated with the northern gateway to Yellowstone National Park, with a short drive to Bozeman. Seller financing is available, and floor plans are included in the listing photos.
For tenants, buyers, or operators, the mix of front office space and a dedicated studio apartment can fit professional services, retail, creative studio uses, residential operations, medical uses, or co-working concepts. The shared office amenities—common area, kitchenette, and conference rooms—may help support day-to-day workflows, while the alley-accessed unit provides a separate residential-style entry point for a live-work or rental component. The listing is offered with a pro-forma 6.5% cap rate as stated in the remarks.
Key Highlights
- 8,151 SF downtown mixed‑use building built in 1934 with six units of mixed sizes
- Two front‑facing offices plus shared common area, kitchenette, and conference rooms
- A/C and large windows for natural light and downtown views
Property Analytics
Property Profile
Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
957
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?
Live-work space - Downtown live-work building with offices, studio apartment, and shared amenities for flexible commercial and residential use.
Where is this live-work space 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 SF downtown mixed‑use building built in 1934 with six units of mixed sizes; Two front‑facing offices plus shared common area, kitchenette, and conference rooms; A/C and large windows for natural light and downtown views
