124 E Commercial Avenue, Anaconda, MT 59711

$596,000

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List Price
$596,000
MLS#
30072009
Status
ACTIVE UNDER CONTRACT
County
Deer Lodge
City
Anaconda
Acres
0.16
Property Subtype
Quadruplex

Property Description

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.

Additional Information

Days on Market
69
Year Built
1950
Garage Spaces
3

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Mike D Moreni | mike@c21shea.com from Listing Office: Century 21 Shea Realty - Butte.

board logoIDX information provided courtesy of the Montana Regional MLS, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.