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124 E Commercial Avenue
Anaconda MT 59711 US

$596,000

Active Listing ID 411505
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Lot: 0.16 Acres
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$596,000

Active Listing ID 411505
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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.

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Property Features

  • Facts
  • Lot Size: 0.16 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Ceiling Fan(s)
  • Heating Fuels: Forced Air

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 596000
  • unparsedaddress: 124 E Commercial Avenue
  • postalcity: Anaconda
  • stateorprovince: MT
  • country: US
  • postalcode: 59711
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1607
  • lotsizeunits: Acres
  • lotsizearea: 0.1607
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 46.13038
  • longitude: -112.951325
  • listagentfullname: Michael Moreni
  • listagentemail: mike@c21shea.com
  • listagentkey: 3yd-GARMT-Moreni
  • listagentmlsid: Moreni
  • listagentpreferredphone: 4065604426
  • listagentofficephone: 4067235455
  • listofficekey: 3yd-GARMT-764
  • listagentstatelicense: BRO-108216
  • listofficemlsid: 764
  • disclaimer: 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.
  • sourcesystemid: GARMT
  • yearbuilt: 1950
  • listingcontractdate: 2026-05-30
  • listagenturl: http://www.c21shearealty.com
  • countyorparish: Deer Lodge
  • parcelnumber: 0000221900
  • cooling: Ceiling Fan(s)
  • heating: Forced Air
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Century 21 Real Estate
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -112.951324, 46.13038
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Century 21 Shea Realtors", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"mike@c21shea.com", "ListBrokerageCity":"Butte", "ListBrokerageCountry":"US", "ListBrokerageEmail":"gary@shearealtors.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Century 21 Shea Realtors", "ListBrokeragePhone":"(406) 490-7432", "ListBrokeragePostalCode":"59701", "ListBrokerageStateOrProvince":"MT", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1900 Harrison Ave.", "ListBrokerageWebsiteUrl":"http://www.c21shearealty.com", "ListOfficeAddress1":"1900 Harrison Ave ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"764", "ListOfficeCity":"Butte", "ListOfficeCountry":"US", "ListOfficeEmail":"gary@shearealtors.com", "ListOfficePostalCode":"59701", "ListOfficeStateOrProvince":"MT", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Other - Anaconda, MT", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/124-E-Commercial-Ave_Anaconda_MT_59711_M85066-39283?f=listhub&s=GARMT&m=411505&c=rexren", "MLSModificationTimestamp":"2026-06-01 01:50:56", "Neighborhoods":[{"Description":null, "Name":"10A - Anaconda"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":5917, "TaxDescription":"ANACONDA ORIGINAL TOWNSITE, S03, T04 N, R11 W, BLOCK 6, LOT 23 - 24", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/1/2026 7:52:11 PM GMT
Source Updated Date: 6/4/2026 12:54:43 AM GMT

Courtesy of: Michael Moreni, Century 21 Shea Realty, mike@c21shea.com

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.