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Commercial Property with Redevelopment Potential
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401 Milwaukee Avenue, Deer Lodge, MT 59722

Commercial property in Deer Lodge with income and expansion possibilities.

Property Size4,000 SF
Lot Size0.46 Acres
Price / SF$124.75
Days on Market132

Property Features for 401 Milwaukee Avenue

General Information

Standard status Active
Size 4,000 SF
Lot size 0.46 Acres
Property subtype Retail

Building Details

Year Built 1970
Listing Agency: SVN PureWest Commercial Real Estate.
Listed By: David Wells · License #RRE-RBS-LIC-71532
Source: Crexi
Added: Mar 22 Changed: Jul 10 Last Checked: Jul 30 at 12:31PM

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 SVN PureWest Commercial Real Estate.

Investment Insights

Based on property information with market context.

This commercial property is located in Deer Lodge, Montana, at the corner of 4th St and Milwaukee. The property includes two parcels totaling approximately 0.458 acres. The primary lot, spanning 0.298 acres, features a 4,000 square foot building that offers visibility and a functional layout suitable for various commercial uses. The building was previously a bank and is currently used as a retail space. The secondary lot, covering 0.16 acres, is currently utilized as outdoor yard storage, suitable for equipment, materials, or future expansion or development. This lot includes a newly constructed 1,140 square foot commercial shop built in 2024, featuring approximately 14 feet of clear height, suitable for warehousing, service, or additional retail space. The property is currently leased to a ranch supply retailer on a month-to-month triple net lease at $3,500 per month, providing immediate income while allowing flexibility for a future owner-user. The property offers a combination of income, usable yard space, and redevelopment potential.

Key Highlights

  • Income‑producing property with a current month‑to‑month triple net lease at $3,500/month.
  • Includes a newly constructed (2024) 1,140 SF commercial shop with 14’ clear height.
  • Large 0.458 acre lot with a 4,000 SF building and additional 0.16 acre lot for outdoor storage or development.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Law Firm Building Supply Parking Lot & Garage Skin Care Clinic

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

350
Businesses Nearby
25k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 53% Shops & Services 34% Home Improvements & Furnishings 10% Hotels & Casinos 3%
Safeway Groceries
9,055 visits/mo 0.5 miles
Town Pump Shops & Services
5,313 visits/mo 0.5 miles
Valley Foods Groceries
4,156 visits/mo 0.3 miles
Rome Enterprises Home Improvements & Furnishings
2,582 visits/mo 0.4 miles
Les Schwab Tire Center Shops & Services
2,104 visits/mo 0.3 miles

Demographics for 59722, MT

5,697
Population
2,130
Households
2.7
Avg Household Size
45
Median Age
17%
College-Educated
94%
High-School Grad
391.1 sq mi
ZIP Area
15
Density / Sq Mi
$60,263
Median Household Income
$22,292
Median Earnings
$769
Median Rent
$226,600
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Commercial property in Deer Lodge with income and expansion possibilities.
Where is this retail space located?
The property is located at 401 Milwaukee Avenue Deer Lodge, MT.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Income‑producing property with a current month‑to‑month triple net lease at $3,500/month.; Includes a **newly constructed (2024) 1,140 SF commercial shop with 14’ clear height.**; Large 0.458 acre lot with a 4,000 SF building and additional 0.16 acre lot for outdoor storage or development.
(406) 404-6594 Call to check price and availability
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