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118 N Main St 3,500 SF 100% Leased Retail Building Livingston, MT 59047 $825,000 ($235.71/SF)



Investment Highlights
- Heavy Main Street Foot Traffic
- Exposed brick on main level
- 3 updated apartments upstairs
Executive Summary
Built in 1895 and commanding the same stretch of North Main Street for over 130 years, the Stockman Building is one of Livingston's most recognizable and enduring landmarks — a two-story brick cornerstone with a basement that has witnessed the full arc of this remarkable western town. Step inside and the character is immediate. A sweeping curved wooden bar anchors the main level, its warm honey-toned wood and arched back bar mirror the centerpiece of a room that took generations to earn its patina. Full-length exposed brick walls lined with original timber posts run the length of the dining room — the kind of authentic interior atmosphere that simply cannot be replicated in new construction and that draws people in before they ever see a menu. At 6,250 square feet the building offers a fully operational main level restaurant and bar space with basement storage, and three updated upper-level apartments on the second floor — two one-bedroom units and one two-bedroom unit — all with generous windows and shared laundry. The Stockman Building sits prominently within Livingston's Downtown Commercial Historic District, listed on the National Register of Historic Places — a designation that reflects both the building's architectural integrity and its irreplaceable role in the cultural fabric of one of Montana's most storied communities. Flanked by thriving neighboring businesses and steps from the Yellowstone River, the Murray Hotel, and the best of downtown Livingston, the location is as strong as the bones. The seller's preference for owner financing at a 3% interest rate make this an incredible investment opportunity for someone who wants to be part of Livingston's colorful downtown history.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
3,500 SF
Building Class
C
Year Built
1895
Price
$825,000
Price Per SF
$235.71
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.08 AC
Zoning
Central Business District - Downtown Commercial Business District
Parking
2 Spaces (0.57 Spaces per 1,000 SF Leased)
Frontage
22’ on North Main Street
Amenities
- 24 Hour Access
- Restaurant
- Cafe
- Shower Facilities
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- The Wok
- Accommodation and Food Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| The Wok | Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | - |
Very walkable
80/100
Very drivable
80/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 49-0802-13-4-28-31-0000 | Total Assessment | $806,400 |
| Land Assessment | $0 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 | Tax Year | 2025 Payable 2025 |
Property Taxes
Parcel Number
49-0802-13-4-28-31-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$806,400
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025 Payable 2025
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
118 N Main St
