124/126 S 2nd, Livingston, MT 59047

Property Description

This leased mixed use building sits in the heart of historic downtown Livingston, Montana, an easy drive from Bozeman, and it is already producing income. The 8,151 square feet hold six units in a range of sizes, including two offices facing the street that put tenants front and center. Tenants share conference rooms, a common area with a kitchenette, and air conditioning, and generous windows fill the rooms with daylight and frame views of downtown. Behind the building, a studio apartment with an alley entrance adds a second, residential source of income. You can live on site, sign a long term tenant, or run it as a nightly rental. Listed at a 6.9% pro forma cap rate, this commercial investment brings steady cash flow now and room to add value for the next owner. Limited use restrictions in the historic district allow professional services, medical, retail, creative studios, coworking, and residential uses, and neighboring businesses are strong. As a northern gateway to Yellowstone National Park, Livingston sees visitors throughout the year and still keeps its authentic small town Montana feel. See the floor plans in the listing photos and schedule your private tour today.