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124 E Commercial Avenue, 
Anaconda, MT 59711

$596,000


Bed


Bath


-

Sq Ft


Multi-Family

Pending

Listed by

Michael Moreni

Century 21 Shea Realty

406-723-5455

Last updated:

August 11, 2026, 07:53 AM

MLS#

411505

Source:

MT BZM

About This Home

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.

Home Facts

Multi-Family

Built in 1950

Subdivision & Development:

Other

Price Summary

596,000

MLS #:

411505

Last Updated:

August 11, 2026, 07:53 AM

Added:

2 month(s) ago


Structure

Structure

Architectural Style:

Fourplex

Year Built:

1950


Lot

Lot Size (Sq. Ft):

7,000


Finances & Disclosures

Finances

Price:

$596,000

Source:MT BZM
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.