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About This Home

This 0-bedroom, 0-bathroom commercial at 401 Milwaukee Avenue in Deer Lodge, MT is listed for $499,000. Built in 1970, on a 0.46 acres lot.

Agent Description

Exceptional opportunity to acquire a well-located commercial property in rural Deer Lodge, Montana, offering both income potential and future flexibility. Positioned on the corner of 4th St and Milwaukee, the property consists of two parcels totaling approximately 0.458 acres.

The primary lot (0.298 acres) features a 4,000 SF building with excellent visibility and functional layout, well-suited for a variety of commercial uses; once a bank and now a retail space. The secondary lot (0.16 acres) provides valuable additional space currently utilized as outdoor yard storage, ideal for equipment, materials, or future expansion or development.

This parcel also includes a newly constructed 1,140 SF commercial shop (built in 2024) with approximately 14' clear height, offering versatility for warehousing, service, or additional retail space. The property is currently leased to a ranch supply retailer on a month-to-month triple net lease at $3,500/month, providing immediate income while maintaining flexibility for a future owner-user.

With its combination of income, usable yard space, and redevelopment potential, this property presents a compelling opportunity for both investors and owner-users in the Deer Lodge market.

Key Features

  • Built in 1970
  • 0.46 acre lot

Property Details

1970

Amenities

A/C

Monthly Cost Estimate

$2,669/mo

20% down · 6.5% · 30 years

Principal$361
Interest$2,162
Insurance$146

Estimates only. Actual payments may vary.

Location

401 Milwaukee Avenue

Deer Lodge, MT 59722

Features & Amenities

Interior Features

VaultedCeilings

Property Details

Heating

Natural GasHot Water(Heating)

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 401 Milwaukee Avenue is listed at $499,000. The estimated monthly payment is $2,162 based on 20% down at 6.5% interest.

Key features include: Built in 1970, 0.46 acre lot. Interior Features: VaultedCeilings.

This property is listed by David Jacob Wells and can be reached at 4066401279 or davew@purewestmt.com.

DW

David Jacob Wells

Agent at PureWest Real Estate - Missoula

(406) 640-1279

Listed by PureWest Real Estate - Missoula

MLS# 30067139· Source: listhub· Updated 80 days ago

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

401 Milwaukee Avenue, Deer Lodge, MT 59722

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