124 E Commercial Avenue, Anaconda, MT

$596,000

Previous Next

4

Beds

6

Baths

8,062

Square feet

0.16

Acres

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.

Features of 124 E Commercial Avenue

MLS® # 411737
Price $596,000
Bedrooms 4
Bathrooms 6.00
Square Footage 8,062
Acres 0.16
Year Built 1950
Type Commercial Sale
Sub-Type Building
Status Active

Community Information

Address 124 E Commercial Avenue
Area 10A - Anaconda
City Anaconda
County Deer Lodge
State MT
Zip Code 59711

Amenities

Utilities Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Parking Common, Gravel
Is Waterfront No
Has Pool No

Interior

Cooling Ceiling Fan(s)
Fireplace No
Has Basement No

Additional Information

Date Listed May 30th, 2026
Days on Market 88
Zoning Call Listing Agent for Details
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentMichael Moreni
OfficeCentury 21 Shea Realty

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?