422 Main St, Livingston, MT 59047-3456
This exceptional multi-use property at 422 S Main Street, Livingston, MT, presents a compelling investment opportunity. Boasting 24,680 square feet on a 0.92-acre lot, the building offers a unique blend of commercial and residential spaces. The ground floor encompasses commercial units, while the second floor features eight residential units, all benefiting from convenient access via two automatic lift chairs. Below ground, a substantial garage provides 18 parking spaces, enhanced by an automatic door, CO2 exhaust system, and a heated ramp for winter accessibility. Commercial tenants enjoy an additional 38 outdoor parking spaces, complete with a wheelchair ramp and ADA-compliant doors. The property's prime location adjacent to schools and the downtown area ensures high visibility and strong tenant demand. A history of excellent rental occupancy and robust cash flow further underscores the investment potential. The asking price is $2,990,000. This is a rare opportunity to acquire a well-established, high-performing multi-use building in a thriving Montana community. The property's diverse income streams and strategic location make it an ideal investment for discerning buyers seeking strong returns. The virtual tour is highly recommended for a comprehensive view of this remarkable property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
2 · Livingston, MTLivingston. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.