For Sale Multi-Family MLS# 411505

124 E Commercial Avenue

Anaconda, MT 59711

$596,000

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About 124 E Commercial Avenue

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.

Property details

Property

Type
multi
Year built
1950
Lot
0.1607 ac
List date
May 30, 2026

Schools

District
Anaconda Elementary School District

Location

Subdivision
Other

Location

Neighborhood
Other
School district
Anaconda Elementary School District

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Listed by Michael Moreni, Century 21 Shea Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.