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Historic Downtown Mixed-Use Building
New
For Sale
$849,000

124/126 S 2nd, Livingston, MT 59047

ResidentialIncome, Livingston, MT

Property Size8,151 SF
Price / SF$104.16
Days on Market6

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 12215
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

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: Sep 5 Changed: Sep 9 Last Checked: Sep 10 at 3:06AM
MLS# 414700

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 property contains six units, including two offices oriented toward the front of the building and an alley-accessed studio apartment. Interior features include shared common space, a kitchenette, conference rooms, air conditioning, and large windows. The units are leased, and the studio supports a live-work arrangement within the existing layout.

The property is located at 124/126 S 2nd in Livingston’s historic downtown district. Public water and public sewer serve the building, with on-street and offsite parking available. Heating is provided by forced air, while cooling varies by unit. The property is identified with a pro-forma 6.5% cap rate and includes a 1934 building that combines office, residential, and shared-use elements.

Key Highlights

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

Property Analytics

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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.

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Six-unit configuration combines offices, shared amenities, and a live-work component within a 1934 commercial building.
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 $849,000.
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 space and conference rooms; Alley‑accessed studio apartment supports a live‑work configuration
More about this property
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