# 401 Milwaukee Avenue, Deer Lodge, MT 59722

> **TL;DR:** commercial, $499,000, built 1970.
> A/C. Est. $2,162/mo. Listed 80 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $499,000 |
| Year Built | 1970 |
| Lot Size | 19,950 sqft (0.46 acres) |
| Property Type | Commercial (Retail) |
| Status | For Sale |
| Days on Market | 80 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,162 |
| **Total** | **$2,162** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1970
- 0.46 acre lot

## Description

### 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.

## Location

- **Address:** 401 Milwaukee Avenue, Deer Lodge, MT 59722
- **County:** Powell
- **Coordinates:** 46.39801261, -112.7333743
- **Google Maps:** https://www.google.com/maps?q=46.39801261,-112.7333743

## Listing Agent

- **Name:** David Jacob Wells
- **Brokerage:** PureWest Real Estate - Missoula
- **Phone:** 4066401279
- **Email:** davew@purewestmt.com

## Primary Photo

![401 Milwaukee Avenue - Primary Photo](http://lh.rdcpix.com/b766cd10250b9977b62b0ee424f00d2fl-f3038007371r.jpg)

*49 total photos available on [listing page](https://www.propertysimple.com/listing/401-milwaukee-avenue-deer-lodge-mt-59722-30067139)*

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**MLS#:** 30067139 | **Updated:** 2026-06-19
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/401-milwaukee-avenue-deer-lodge-mt-59722-30067139)

---

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