124/126 S 2nd, Livingston, MT 59047

$849,000
8,151
SqFt

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List Price
$849,000
Status
ACTIVE
Days on Market
1
MLS#
414701
Subtype
Commercial Sale
Year Built
1934
Living Area
8,151
Subdivision
Livingston Original Plat
MLS Area Major
Park County

Property Description

Units leased! Downtown mixed-use building with character, income, and flexibility in the historic district. This 8,151-square-foot property features six units of varying sizes, including two front-facing offices, plus a shared common area, kitchenette, conference rooms, A/C, and large windows that let in natural light and downtown views. An alley-accessed studio apartment creates a true live/work setup or an excellent short-term or long-term rental opportunity. Priced at a pro-forma 6.5% cap rate, the property offers an attractive investment with current cash flow and room to add value. Set in the historic downtown district with limited use restrictions and strong neighboring businesses, the building suits a range of concepts including professional services, retail, creative studios, residential, medical, or co-working. As a northern gateway to Yellowstone National Park and just a short drive from Bozeman, this location blends small town character with year-round visitor traffic. Floor plans are included in the listing photos.

Additional Information

Taxes
$12,215
Zoning
Downtown District
Heating
Forced Air
Air Conditioning
Varies by Unit
Parking Features
Off Site, Paved, On Street

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Calculator source: Real Geeks

Courtesy of Ryley Kerik with Berkshire Hathaway - Bozeman.