Downtown Mixed-Use
For Sale
$596,000
124 E Commercial Avenue, Anaconda, MT 59711
Mixed-use property with leased retail storefronts and residential apartments, plus an unused ground-level space for conversion.
Property Size8,062 SF
Price / SF$73.93
Days on Market60
Property Features for 124 E Commercial Avenue
General Information
Standard status
Active
Size
8,062 SF
Property subtype
Commercial
Additional Details
Multifamily Units
4
Building Details
Year Built
1950
Tenancy
Multi
Listing Agency:
Century 21 Shea Realty
Listed By:
Michael Moreni
Source:
Clearwaterproperties
Added: Jun 2
Changed: Jul 10
Last Checked: Jul 31 at 5:25AM
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 Century 21 Shea Realty
Investment Insights
Based on property information with market context.
This downtown mixed-use building combines two fully leased commercial storefronts with four residential apartments, creating a diversified income profile within one property. The layout also includes a considerable amount of basement square footage that can support storage and other flexible, income-related uses. Two of the apartments have been recently remodeled, while residents share access to a laundry area and a covered patio. In addition, there is off-street parking available for tenants and visitors, and an unused ground-level space that could be converted into an additional commercial unit, storage rental, or another income-producing use.
Located at 124 E Commercial Avenue in Anaconda, MT 59711, the property is described as being about one block from Main Street in the heart of downtown. An adjoining lot is included with the sale, which may support expanded parking needs, future development, or other value-added improvements based on the buyer’s plans.
For buyers seeking a turnkey, multi-income asset, the combination of leased storefront tenants and residential units provides immediate utilization of the property. The included adjoining lot and basement area add practical flexibility for storage or reconfiguration, while the unused ground-level space offers a clear path for additional revenue should the buyer choose to convert it for commercial or storage use.
Located at 124 E Commercial Avenue in Anaconda, MT 59711, the property is described as being about one block from Main Street in the heart of downtown. An adjoining lot is included with the sale, which may support expanded parking needs, future development, or other value-added improvements based on the buyer’s plans.
For buyers seeking a turnkey, multi-income asset, the combination of leased storefront tenants and residential units provides immediate utilization of the property. The included adjoining lot and basement area add practical flexibility for storage or reconfiguration, while the unused ground-level space offers a clear path for additional revenue should the buyer choose to convert it for commercial or storage use.
Key Highlights
- Mixed‑use property with 2 fully leased commercial storefronts and 4 residential apartments
- 6.00 total bathrooms with 4 total bedrooms across the residential units
- Two apartments recently remodeled
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
384
Businesses Nearby
Explore this area
Business Placement
Demographics for 59711, MT
9,234
Population
6,108
Households
1.5
Avg Household Size
50
Median Age
23%
College-Educated
93%
High-School Grad
558.6 sq mi
ZIP Area
17
Density / Sq Mi
$50,965
Median Household Income
$33,725
Median Earnings
$666
Median Rent
$215,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with leased retail storefronts and residential apartments, plus an unused ground-level space for conversion.
Where is this mixed-use property located?
The property is located at 124 E Commercial Avenue Anaconda, MT.
What is the asking price?
The asking price for this property is $596,000.
What are key features of this property?
This property features: Mixed‑use property with 2 fully leased commercial storefronts and 4 residential apartments; 6.00 total bathrooms with 4 total bedrooms across the residential units; Two apartments recently remodeled
