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Downtown Mixed-Use Investment Opportunity

124 E Commercial Avenue Anaconda, MT 59711

124 E Commercial Avenue, Anaconda, MT, 59711

$596,000

For Sale

$596,000

MULTI_FAMILY - Other - Anaconda, MT

Lot Size0.16 Acres

AddedMay 30

Days on Market48

Last RefreshJul 16 at 12:06 am

Property Features for 124 E Commercial Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Standard status: Active
APN: 0000221900
Lot size: 0.16 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Description: ANACONDA ORIGINAL TOWNSITE, S03, T04 N, R11 W, BLOCK 6, LOT 23 - 24
Tax Annual Amount: 5917

Utilities

Sewer type: Public Sewer
Heating system: Forced Air
Cooling system: Ceiling Fan(s)
Water source: Public

Building Details

Year built: 1950
Floors in Building: 2
Number of units: 4
Architectural style: Other

Listing agent Michael Moreni License #BRO-108216

Listing office Century 21 Shea Realty 1900 Harrison Ave, Butte, MT

Listing date May 30, 2026

MLS# 411505 Listing URL

Investment Insights

Based on property information with market context.

This well-maintained mixed-use property is located one block from Main Street in downtown Anaconda. It features two fully leased commercial storefronts and four residential apartments, providing a diversified revenue stream. A considerable amount of basement square footage offers potential for storage, future expansion, or additional income-producing use. Two of the apartments have been recently remodeled, adding modern appeal for tenants. All residents have access to a shared laundry area and covered patio. The property includes off-street parking. An unused ground-level space is ready for conversion into an additional commercial unit, storage rental, or another income-producing use. The sale also includes an adjoining lot, offering opportunities for expanded parking, future development, or other value-added improvements. The property is a turnkey investment with solid cash flow, multiple income sources, and room to grow. The lot size is 0.1607 acres.

Key Highlights

Prime downtown location, just one block from Main Street
Diversified income stream from two commercial storefronts and four residential apartments
Includes an adjoining lot for expanded parking or future development

Property Analytics

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For sale
Mixed-use properties
MT
Anaconda
59711
124 E Commercial Avenue

What type of property is this?

Mixed-use property - Prime mixed-use property with income and growth potential.

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: Prime downtown location, just one block from Main Street; Diversified income stream from two commercial storefronts and four residential apartments; Includes an adjoining lot for expanded parking or future development