Search
Six-Unit Mixed-Use Building
For Sale
$895,000

124/126 S 2nd, Livingston, MT 59047

CommercialSale, Livingston, MT

Property Size8,151 SF
Price / SF$109.80
Days on Market257

Property Features for 124/126 S 2nd

General Information

Property type Commercial Sale
Property subtype Other
Zoning description DD
Parking features Offsite, On Street
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.
Subdivision 6C - Livingston City Limits
Standard status Active
APN 0000008700
Size 8,151 SF

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 Central Air
Water source Public

Amenities

conference rooms
A/C
large windows
shared common area
kitchenette

Building Details

Year built 1934
Listing Agency: Berkshire Hathaway - Bozeman · Berkshire Hathaway HomeServices
Listed By: Ryley Kerik · License #RBS-99844
Added: Dec 8, 2025 Changed: Aug 19 Last Checked: Aug 22 at 8:06PM
MLS# 407430

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 8,151-square-foot mixed-use building contains six units with varied layouts, including two offices oriented toward the front of the property. Shared features include a common area, kitchenette, conference rooms, central air conditioning, and large windows. An alley-accessed studio apartment adds a live-work component and can also support residential occupancy. The six units are leased.

Built in 1934, the property is located at 124/126 S 2nd in Livingston’s historic downtown district. Public water and sewer serve the building, with forced-air heat, central air conditioning, off-site parking, and on-street parking. The property is presented with a pro-forma 6.5% cap rate and offers flexible space for office, retail, creative, medical, residential, or co-working uses as supported by the existing configuration and stated use flexibility.

Key Highlights

  • 8,151‑square‑foot mixed‑use building with six units
  • Two front‑facing offices plus shared common area, kitchenette, and conference rooms
  • Alley‑accessed studio apartment supports a live‑work configuration

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick HVAC Service Garden Center (Bike/Boat/Book/etc) Store Veterinary Clinic Nail Salon Catering Service

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

2
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

978
Businesses Nearby

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

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Leased multi-unit property with offices, shared amenities, and a live-work studio.
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 units; Two front‑facing offices plus shared common area, kitchenette, and conference rooms; Alley‑accessed studio apartment supports a live‑work configuration
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message