Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 4-bedroom, 6-bathroom single family at 124 E Commercial Avenue in Anaconda, MT is listed for $596,000 ($74 per sqft). Built in 1950, the home offers 8,062 sqft of living space on a 0.16 acres lot.

Agent 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.

Key Features

  • Built in 1950
  • 0.16 acre lot

Property Details

6 full
1950

Monthly Cost Estimate

$3,188/mo

20% down · 6.5% · 30 years

Principal$431
Interest$2,583
Insurance$174

Estimates only. Actual payments may vary.

Location

124 E Commercial Avenue

Anaconda, MT 59711

Property Details

Cooling

Ceiling Fan(s)

Questions & Answers

This 4-bedroom, 6-bathroom single family at 124 E Commercial Avenue is listed at $596,000 ($74/sqft). The estimated monthly payment is $2,583 based on 20% down at 6.5% interest.

Key features include: Built in 1950, 0.16 acre lot.

This property is listed by Michael Moreni and can be reached at 4065604426 or mike@c21shea.com.

MM

Michael Moreni

Agent at Century 21 Shea Realty

(406) 560-4426

Listed by Century 21 Shea Realty

MLS# 411737· Source: listhub· Updated 3 days ago

Copyright © 2026 Big Sky Country MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

124 E Commercial Avenue, Anaconda, MT 59711

Open this listing in: