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Leased units and immediate income anchor this historic downtown Livingston building, offering 8,151 square feet of flexible mixed use space just a short drive from Bozeman. Six units of varying sizes include two offices facing the street, shared conference rooms, a common area with kitchenette, air conditioning, and oversized windows that bring in natural light and downtown views. A separate studio apartment with private alley access adds residential income and works well as a live/work setup, a long term lease, or a nightly rental. Offered at a 7% pro forma cap rate, this commercial investment property delivers cash flow today and clear upside for an owner ready to add value. Limited use restrictions in the historic district support professional offices, retail, medical, creative studios, coworking, and residential concepts, surrounded by established neighboring businesses. As a northern gateway to Yellowstone National Park, the location draws visitors throughout the year while keeping its authentic small town Montana character. Review the floor plans in the listing photos, then schedule a private tour to see the income potential in person.

• Sq Footage
  8151
• Days on Market
  55

Additional Features

• Building Area Total
  8151
• City
  Livingston
• Co List Agent Direct Phone
  (406) 522-0288
• Co List Agent Email
  jackson.cyr@bhhsmt.com
• Co List Agent Full Name
  Jackson Cyr
• Co List Office Name
  Berkshire Hathaway - Bozeman
• Contract Status Change Date
  2026-09-05
• Cooling
  Varies By Unit
• Cumulative Days On Market
  504
• Directions
  Turn right onto 2nd Street and continue south; 126 S 2nd Street will be on your right-hand side shortly after the intersection with Park Street.
• Documents Count
  3
• Heating
  Forced Air
• Heating
  Yes
• Latitude
  45.659922
• Levels
  Other
• Listing Contract Date
  2026-09-05
• Listing Key
  1190278825
• List Price
  849000
• Living Area
  8151
• Longitude
  -110.560447
• MLS Area Major
  Park County
• MLS Area Minor
  6 C - Livingston City Limits
• MLS Status
  Active
• Original List Price
  849000
• Originating System Name
  S W M T
• Ownership
  Full
• Parcel Number
  0000008700
• Parking Features
  Off Site, Paved, On Street
• Photos Count
  73
• Postal Code
  59047
• Property Sub Type
  Building
• Property Type
  Commercial Sale
• Sewer
  Public Sewer
• Standard Status
  Active
• Subdivision Name
  Livingston Original Plat
• Tax Annual Amount
  12215.00
• Tax Legal Description
  LIVINGSTON ORIGINAL TOWNSITE, S13, T02 S, R09 E, BLOCK 80, LOT 13 - 14
• Tax Year
  2025
• Unparsed Address
  124/126 S 2nd
• Utilities
  Sewer Available, Water Available
• Water Source
  Public
• Year Built
  1934

Let me show you this listing!