1. Montana
  2. Livingston
  3. 201 S Main Street
$4,750,000

201 S Main Street, Livingston, MT 59047

  • 24,900 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1906
  • Property Lot Size Icon10,498sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $191/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

An exceptional investment opportunity presents itself with this extensively renovated, income-generating mixed-use property within Livingston’s vibrant downtown core. Erected in 1906, the historically significant Montana Block Building is an iconic fixture along Main Street. Architectural Digest acknowledges Livingston as the 19th most beautiful Main Street in America. Encompassing 24,900 square feet, the main floor is comprised of ten units: eight distinct retail spaces, complemented by an ancillary workshop area, with garage door access via the ally, concealed behind one of the retail units, and an office space currently available for lease. Ascending to the second floor reveals thirteen residential units, comprising a mix of six studios and seven one-bedroom units. The building incorporates a full-height basement, which is underutilized, providing rental upside for new owners. Recently completed in 2022, a substantial second-floor renovation has reinvigorated the building, marked by the installation of a new membrane roof and skylights, an upgraded HVAC system servicing the second-story common area, and the integration of new mini-split systems across all residential units. This meticulous transformation includes revealing the original brick facades, installing new flooring, new kitchens, and updating bathrooms. Simultaneously, modernization efforts extended to include extensive plumbing and electrical upgrades, energy efficiency through attic insulation, and the installation of a fully integrated fire alarm system, which communicates with the local fire department. Each commercial space, except for a small office, and 12 of the 13 residential units are currently leased. The listing Agent must accompany any showings. Showings are only available to qualified buyers. DO NOT DISTURB TENANTS. Financials and leases can be provided with a signed NDA; see associated docs for NDA.

Listing Status:
Active
Listing Office:
Scout Real Estate : 406-570-6369
Listing Agent:
Reese Milner : (406) 580-0636
MLS ID:
403287
  • A/C: Central AirWall/Window Unit(s)
  • Heating: Forced Air

This listing courtesy of Reese Milner, Scout Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

P

Park High School

102 View Vista Dr, Livingston, MT, 59047

Grades 9-12

0.34 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.