About This Home

This 4-bedroom, 6-bathroom commercial at 124 E Commercial Avenue in Anaconda, MT is listed for $596,000 ($74 per sqft). Built in 1950, the home offers 8,062 sqft of living space on a 0.16 acres lot.

Key Features

  • Built in 1950
  • 0.16 acre lot

Property Details

6 full
1950
Listing Description

Prime Downtown Mixed-Use Investment Opportunity! Located just one block from Main Street in the heart of downtown, this well-maintained property offers immediate income and long-term potential. The building features two fully leased commercial storefronts and four residential apartments, creating a strong and diversified revenue stream.

In addition, the property includes a considerable amount of basement square footage, providing excellent potential for storage, future expansion, or additional income-producing use. Two of the apartments have been recently remodeled, adding modern appeal for tenants, while all residents enjoy access to a shared laundry area and covered patio.

The property also includes valuable off-street parking, a rare and desirable downtown amenity. Adding even more upside, 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. A turnkey investment with solid cash flow, multiple income sources, and room to grow-this is a rare opportunity in a prime downtown location.

Monthly Cost Estimate

$3,188/mo

20% down · 6.5% · 30 years

Principal$431
Interest$2,583
Insurance$174

Estimates only. Actual payments may vary.

Location

124 E Commercial Avenue

Anaconda, MT 59711

Property Details

Cooling

Ceiling Fan(s)

Questions & Answers

This 4-bedroom, 6-bathroom commercial at 124 E Commercial Avenue is listed at $596,000 ($74/sqft). The estimated monthly payment is $3,188 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 0.16 acre lot.

This property is listed by Michael Moreni.

MM

Michael Moreni

License BRO-108216

Agent at Century 21 Shea Realtors

Listed by Century 21 Shea Realtors · Broker phone: (406) 490-7432 · Broker website

MLS# 411737· Source: Big Sky Country MLS· 153 days on PropertySimple

Copyright © 2026 Big Sky Country MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

124 E Commercial Avenue, Anaconda, MT 59711

Open this listing in: