201 S Main Street
Livingston, Montana 59047
MLS #403287 | $4,750,000Listing Details
- 24900Sq Footage
- 0.241Acres
- $4,750,000Price
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.
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Additional Features
- Building Area Total
24900 - City
Livingston - Contract Status Change Date
2025-06-17 - Cooling
Central Air, Wall Window Units - Cooling
Yes - Directions
Downtown Livingston, corner of Main & Lewis - Documents Count
4 - Heating
Forced Air - Heating
Yes - Latitude
45.660432 - Listing Contract Date
2025-06-17 - Listing Key
1117474399 - List Price
4750000 - Living Area
24900 - Longitude
-110.558426 - Lot Size Acres
0.24100 - Lot Size Square Feet
10500 - MLS Area Major
Park County - MLS Area Minor
6 C - Livingston City Limits - MLS Status
Active - Original List Price
4750000 - Originating System Name
S W M T - Ownership
Full - Parcel Number
0000011380 - Parking Features
On Street - Photos Count
28 - Postal Code
59047 - Property Sub Type
Building - Property Type
Commercial Sale - Sewer
Public Sewer - Standard Status
Active - Tax Annual Amount
29302 - Tax Legal Description
LIVINGSTON ORIGINAL TOWNSITE, S13, T02 S, R09 E, BLOCK 96, LOT 30 - 32 - Tax Year
2024 - Unparsed Address
201 S Main Street - Utilities
Electricity Available, Natural Gas Available, Sewer Available, Water Available - Water Source
Public - Year Built
1906
Contact So Red About This Listing
Listing Provided By Scout Real Estate, Reese Milner
Information provided by Big Sky Country MLS is compiled from miscellaneous sources. Neither the Association, listing brokers, agents or subagents are responsible for its accuracy. MLS users should be advised and should advise prospective purchasers to verify all information regarding the property by their own independent investigation prior to submitting an offer to purchase the property.
