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6-Unit Mixed-Use Building
For Sale
$895,000

124/126 S 2nd, Livingston, MT 59047

MULTI_FAMILY - Livingston, MT

Property Size8,151 SF
Price / SF$109.80
Days on Market255

Property Features for 124/126 S 2nd

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description DD
Parking features Offsite, On Street
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
Listed By: Ryley Kerik · License #RBS-99844
Added: Dec 5, 2025 Changed: Aug 15 Last Checked: Aug 17 at 11:06AM
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 units with varied configurations. The property includes two offices positioned toward the front, shared common space, a kitchenette, conference rooms, air conditioning, and large windows. An alley-accessed studio apartment adds a residential component suited to a live-work arrangement or rental use. The units are leased.

The building is located at 124/126 S 2nd in Livingston’s historic downtown district. Public water and public sewer serve the property, while heating is provided by forced air. Parking consists of offsite and on-street options. The property carries a pro-forma 6.5% cap rate and has limited use restrictions.

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

Live-work space

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

957
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Includes front-facing offices, shared work areas, and 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 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
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