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Downtown Mixed-Use Building

124 E Commercial Avenue Anaconda, MT 59711

124 E Commercial Avenue, Anaconda, MT, 59711
$596,000
For Sale
$596,000

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 Market50

Property Features for 124 E Commercial Avenue

General Information

Standard status
Active
Size
8,062 SF
Property subtype
Commercial

Building Details

Year Built
1950
Listing agency Century 21 Shea Realty
Listed by Michael Moreni
Source Clearwaterproperties
Added: Jun 2 Updated: Jul 10 at 1:48PM Checked: Jul 21 at 4:19AM

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.

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 Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Parking Lot & Garage Law Firm Furniture & Home Goods (Bike/Boat/Book/etc) Store Skin Care Clinic Building Supply (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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
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