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124 & 126 S 2nd Street 124 S 2nd St 8,150 SF 34% Leased Retail Building Livingston, MT 59047 $995,000 ($122.09/SF) 6.29% Cap Rate
EXECUTIVE SUMMARY
Incredible potential for this prime commercial building in bustling downtown Livingston. Spanning 8,150 square feet on a 7,000 square foot lot, this building is an exceptional find for any savvy investor or business owner. On the street front, you'll encounter two professional spaces (124 and 126 S 2nd Street), each with four individual offices, break rooms equipped with kitchenettes, conference rooms, storage and beautiful refinished maple hardwood floors throughout! In the middle section, find two more office spaces, a common area, and another kitchenette, and two lavatories. The rear of the building features a studio apartment, an additional office/shop space line with brick, and 1,150 sq ft loft space, offering possibilities like executive offices, creative studios or possibly another dwelling unit. Positioned in vibrant downtown Livingston, this property places you in the heart of downtown Livingston a stones throw away from award winning restaurants, local art galleries and shopping.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$78,600
|
$9.64
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$78,600
|
$9.64
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$7,883
|
$0.97
|
| Net Operating Income |
$70,717
|
$8.68
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $78,600 |
| Annual Per SF | $9.64 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $78,600 |
| Annual Per SF | $9.64 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $7,883 |
| Annual Per SF | $0.97 |
| Net Operating Income | |
|---|---|
| Annual | $70,717 |
| Annual Per SF | $8.68 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Building Size
8,150 SF
Building Class
C
Year Built/Renovated
1934/2018
Price
$995,000
Price Per SF
$122.09
Cap Rate
6.29%
NOI
$62,586
Percent Leased
34%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.17
Lot Size
0.16 AC
Zoning
CBD - CENTRAL BUSINESS DISTRICT: Stores, hotels, government and cultural centers, professional offices, the emphasis is on large scale, dense buildings.
AMENITIES
- Wheelchair Accessible
Walk Score®
Very Walkable (89)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 49-0802-13-3-15-13-0000 | Improvements Assessment | $0 (2025) |
| Land Assessment | $0 (2025) | Total Assessment | $1,183,900 (2025) |
PROPERTY TAXES
Parcel Number
49-0802-13-3-15-13-0000
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$1,183,900 (2025)
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