About 124/126 S 2nd
Leased up downtown mixed-use building with character, income, and flexibility in the historic district. This 8,151 square foot property offers six units of mixed sizes with two front facing offices, plus a shared common area, kitchenette, conference rooms, A/C, and large windows that capture natural light and downtown views. The alley-accessed studio apartment creates a true live/work setup or an excellent option for either short-term or long-term rental income. Priced at a pro-forma 6.5% cap rate, it is an attractive investment with both current cash flow and room to add value. Located in the historic downtown district with limited use restrictions and strong neighboring businesses, this building is well-suited for professional services, retail, creative studios, residential, medical, or co-working concepts. 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. SELLER FINANCING IS AVAILABLE! Floor plans included in the listing photos.
Features of 124/126 S 2nd
| MLS® # | 407602 |
|---|---|
| Price | $895,000 |
| Year Built | 1934 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 124/126 S 2nd |
|---|---|
| Area | 6C - Livingston City Limits |
| Subdivision | Livingston Original Plat |
| City | Livingston |
| County | Park |
| State | MT |
| Zip Code | 59047 |
Amenities
| Utilities | Sewer Available, Water Available |
|---|---|
| Parking | Off Site, Paved, On Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Varies by Unit |
| Fireplace | No |
| Stories | Other |
| Has Basement | No |
Additional Information
| Date Listed | December 17th, 2025 |
|---|---|
| Days on Market | 96 |
| Zoning | DD |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Ryley Kerik |
|---|---|
| Office | Berkshire Hathaway - Bozeman |