About This Home

This 0-bedroom, 0-bathroom commercial at 401 Milwaukee Avenue in Deer Lodge, MT is listed for $450,000 ($113 per sqft). Built in 1970, the home offers 4,000 sqft of living space on a 0.46 acres lot.

Key Features

  • Built in 1970
  • 0.46 acre lot

Property Details

1970

Amenities

A/C
Listing Description

Exceptional opportunity to acquire a well-located commercial property in rural Deer Lodge, Montana, offering both income potential and future flexibility. Positioned on the corner of 4th St and Milwaukee, the property consists of two parcels totaling approximately 0.458 acres.

The primary lot (0.298 acres) features a 4,000 SF building with excellent visibility and functional layout, well-suited for a variety of commercial uses; once a bank and now a retail space. The secondary lot (0.16 acres) provides valuable additional space currently utilized as outdoor yard storage, ideal for equipment, materials, or future expansion or development.

This parcel also includes a newly constructed 1,140 SF commercial shop (built in 2024) with approximately 14' clear height, offering versatility for warehousing, service, or additional retail space. The property is currently leased to a ranch supply retailer on a month-to-month lease at $4,000/month, providing immediate income while maintaining flexibility for a future owner-user.

With its combination of income, usable yard space, and redevelopment potential, this property presents a compelling opportunity for both investors and owner-users in the Deer Lodge market.

Monthly Cost Estimate

$2,407/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131

Estimates only. Actual payments may vary.

Location

401 Milwaukee Avenue

Deer Lodge, MT 59722

Features & Amenities

Interior Features

VaultedCeilings

Property Details

Heating

Hot Water(Heating)Natural Gas

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 401 Milwaukee Avenue is listed at $450,000 ($113/sqft). The estimated monthly payment is $2,406 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1970, 0.46 acre lot. Interior Features: VaultedCeilings.

This property is listed by David Jacob Wells.

DW

David Jacob Wells

License RRE-RBS-LIC-71532

Agent at PureWest Real Estate

Listed by PureWest Real Estate · Broker phone: (406) 751-5605 · Broker website

MLS# 30067139· Source: Montana Regional MLS· 224 days on PropertySimple

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

401 Milwaukee Avenue, Deer Lodge, MT 59722

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