For Sale Commercial MLS# 411737

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
commercial
Year built
1950
Living area
8,062 sqft
Price / sqft
$74
Lot
0.1607 ac
List date
May 30, 2026

Schools

District
Anaconda Elementary School District

Location

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.