124 E Commercial Avenue
1 / 73
Active
Commercial

$596,000

$$51 / sq ft
124 E Commercial Avenue, Anaconda, MT 59711
11,602sq ft
1950year built

Property Highlights

Hot TubInvestment OpportunityWater Feature
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.

Listing updated: 705h ago

Property Details

Overview

Property Type:Commercial
Listing Type:MLS
Living Area:11,602 sq ft
Lot Size:0.161 acres
Year Built:1950
MLS #:30072010
MLS Source:Montana Regional MLS (MRMLS)
ZIP Code:59711
County:Deer Lodge
Days on Market:107
Parcel Number:30128503113010000
Special Conditions:Standard

Exterior

Zoning:Commercial
Lot Sq Ft:7,013
Tax & Assessment
Tax Year2026
Total Market Value$496,700
Land Value$83,079
Building Value$413,621
Acres (GIS)0.16029139
Legal DescriptionANACONDA ORIGINAL TOWNSITE, S03, T04 N, R11 W, BLOCK 6, Lot 23 - 24
Parcel ID30128503113010000

Source: Montana Department of Revenue — Montana Cadastral (public record).

Location
$596K
Leaflet © Esri, and the GIS User Community
Listed By:Mike D MoreniCentury 21 Shea Realty - Butte406-560-4426mike@c21shea.com

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Epique Realty Inc — IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the Montana Regional MLS, LLC (MRMLS). Based on information from MRMLS for the period through October 13, 2026.

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