Peggy Lou Heckenlaible - Coldwell Banker Distinctive Properties Logo
$895,000
( $109.80Per Sq Foot )
 $4,805 est/mo Sourced by Back At You

124/126 S 2nd,Livingston, MT 59047

Livingston, MT 59047

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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. ASK ABOUT SELLER FINANCING OPTIONS.

Details

MLS #407430
Listing TypeFor Sale
StyleBuilding
Sub-TypeResale
StatusActive
Year1934
Days On Site256
Listing Provided ByBerkshire Hathaway - Bozeman | Ryley Kerik

Features

SQ Feet8,151
ZoningDD

Parking

Parking FeaturesOff Site, Paved, On Street

Taxes

Tax Annual Amount12214

Area Information

StateMT
CountyPark
CityLivingston
Zip Code59047
AreaPark County
Subarea6C Livingston City Limits
Listing VS Median (in 59047)
Price:
$895,000
low | high
Med:
$699,000
71.899441340782% of Average
sqft:
8,151
low | high
Med:
2,240
100% of Average
$ / sqft:
$110
low | high
Med:
$312
100% of Average
On site:
256
low | high
Med:
84
100% of Average
Sourced by Back At You

Market Activity 59047

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Additional Information

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All information is deemed reliable; however, it is not guaranteed and should be independently verified. Real Estate offerings are subject to error, omissions, prior sale, change, withdrawal without notice and approval of seller. Properties are provided courtesy of Big Sky Country MLS. 

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Learn More About This Property

Peggy Lou Heckenlaible

Peggy Lou Heckenlaible

Coldwell Banker Distinctive Prop

98791 (406) 579-4911peggylou.cbdp@gmail.com
StateMT
CountyPark
CityLivingston
Zip Code59047
AreaPark County
Subarea6C Livingston City Limits
Listing VS Median (in 59047)
Price:
$895,000
low | high
Med:
$699,000
71.899441340782% of Average
sqft:
8,151
low | high
Med:
2,240
100% of Average
$ / sqft:
$110
low | high
Med:
$312
100% of Average
On site:
256
low | high
Med:
84
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $671K - $1.118M
sqft: 6,000 - 10,000
Nearby Listings Property ImageNearby Listings Details
107 S Main Street Property Photo 1
$1,750,000
107 S Main Street
Livingston, MT 59047
236 S 3rd Street Property Photo 1
$1,900,000
236 S 3rd Street
Livingston, MT 59047
329 S B Street Property Photo 1
$1,700,000
329 S B Street
Livingston, MT 59047
Listing Updated: August 13, 2026 at 3:24:04 PM PDT

Peggy Lou Heckenlaible - Coldwell Banker Distinctive Properties