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

124/126 S 2nd, Livingston, MT 59047

CommercialSale, Livingston, MT

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

Property Features for 124/126 S 2nd

General Information

Property type Commercial Sale
Property subtype Other
Zoning Downtown District
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
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: Sep 5 Changed: Sep 9 Last Checked: Sep 10 at 3:06AM
MLS# 414701

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 with varied layouts, including two offices oriented toward the street. Shared amenities include a common area, kitchenette, and conference rooms, while air conditioning varies by unit. Large windows provide natural light and views over downtown. An alley-accessed studio apartment adds live-work functionality and residential flexibility.

The building is located within the historic downtown district and carries Downtown District zoning. Public water and sewer serve the property. Parking is available through offsite and on-street options. The property is positioned in Livingston, a northern gateway to Yellowstone National Park and within a short drive of Bozeman. A pro-forma 6.5% cap rate is stated in the property information.

Key Highlights

  • 8,151‑square‑foot mixed‑use building constructed in 1934
  • Six leased units with varied sizes and configurations
  • Two street‑facing offices plus shared common area and conference rooms

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.

Lease Details

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
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 leased units include offices and an alley-accessed 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 $849,000.
What are key features of this property?
This property features: 8,151‑square‑foot mixed‑use building constructed in 1934; Six leased units with varied sizes and configurations; Two street‑facing offices plus shared common area and conference rooms
More about this property
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