Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Baseboard, Central, Forced Air, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Off Site, Paved, On Street

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.161

  • Lot Size(square feet)

    7,013

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $625,000

  • Tax Amount

    $8,600

  • Zoning

    CBD

  • Sq. Footage

    14,229

  • Price/SqFt

    $43

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Ownership

    Full

  • Sewer

    Public Sewer

  • Water Source

    Public

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Listing Courtesy of Lucas Nelson, Montana Ranch & Commercial

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The Davidson — 1885 historic brick landmark in downtown Anaconda, Montana. Approximately 14,000 SF with five ground-floor commercial suites and premier storefront visibility on a walkable downtown block in an emerging, highly desirable Montana town. Occupied, income-producing, and offered as a turnkey commercial asset with meaningful upside.
Building systems have been substantially updated: plumbing, heating, and electrical work completed within the last 25 years; newer roof. The second floor is partially remodeled, with electrical, HVAC, and most plumbing already in place, and is well suited for additional office space or conversion to approximately 14 apartments.
One of Anaconda’s nicest and most distinctive historic downtown buildings, with a rich local history and irreplaceable brick architecture. Operates at an approximately 8% cap rate on a pro forma basis. Strong fit for 1031 exchange buyers seeking a manageable commercial property with in-place income and a clear value-add path upstairs.
Located in an IRS Opportunity Zone. May be eligible for 25% federal/state historic tax credit programs. Local TIF funds are also available to support restoration of downtown Anaconda buildings. Buyer to independently verify square footage, unit mix, leases, zoning, Opportunity Zone status, historic-credit eligibility, and TIF availability.

209 Cherry Street

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Related Properties

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.
#411737

Anaconda

124 E Commercial Avenue

4 Beds

None Baths

8,062 Sq.Ft.

$596,000

MLS#: 411737

 - property

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