124 E Commercial Avenue Anaconda, MT 59711

Property Photo: 124 E Commercial Avenue MT 59711

Listing Courtesy of: Big Sky Country MLS - IDX / Listed By: Michael "Mike" Moreni, Century 21 Shea Realty

124 E Commercial Avenue Anaconda, MT 59711

Active (26 Days)

$596,000 ^(USD)

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Description

Prime Downtown Mixed-Use Investment Opportunity! Located just one block from Main Street in the heart of downtown, this well-maintained property offers immediate income and long-term potential. The building features two fully leased commercial storefronts and four residential apartments, creating a strong and diversified revenue stream. In addition, the property includes a considerable amount of basement square footage, providing excellent potential for storage, future expansion, or additional income-producing use. Two of the apartments have been recently remodeled, adding modern appeal for tenants, while all residents enjoy access to a shared laundry area and covered patio. The property also includes valuable off-street parking, a rare and desirable downtown amenity. Adding even more upside, an unused ground-level space is ready for conversion into an additional commercial unit, storage rental, or another income-producing use. The sale also includes an adjoining lot, offering opportunities for expanded parking, future development, or other value-added improvements.
A turnkey investment with solid cash flow, multiple income sources, and room to grow—this is a rare opportunity in a prime downtown location.

MLS #:
411505

Taxes
$5,917(2025)

Lot Size
7,000 SQFT

Type
Multifamily

Year Built
1950

Style
Fourplex

County
Deer Lodge County

Listed By

Michael "Mike" Moreni, Century 21 Shea Realty

Source
Big Sky Country MLS - IDX
Last checked Jun 25 2026 at 5:38 AM GMT+0000

Bathroom Details

Heating and Cooling

Forced Air
Ceiling Fan(s)

Utility Information

Utilities: Water Source: Public, Water Available, Sewer Available, Natural Gas Available, Electricity Available
Sewer: Public Sewer

Parking

Gravel
Common

Stories

Location

Map View | Street View

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Address to Listing

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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price

Down payment

Interest rate

Mortgage calculator estimates are provided by C21 Shea Realty and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.

Disclaimer: IDX information is provided by the Big Sky Country Multiple Listing Service exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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Mike Moreni has been rated by 116 clients.

My Recent Testimonials

“Mike was always there to answer any questions and then some. He is a true professional and a great person.”

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Mikal Harpster, Anaconda MT

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Don Swanson, Boise, Idaho

“I would recommend Mike to all of my friends!!! I wish I would have gone with Mike in the very beginning!!! thank you Mike...”

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Darryl Deeks, Anaconda Montana

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Melissa, PR, Anaconda, MT

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Kevin & Jess, Jefferson Valley

“From start to finish, reliable, trustworthy, encouraging, realistic, hardworking, and available when we needed him. So thankful for Mike and his services to help us finally buy our very first house.”

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Sarah Barry, Butte, MT

“Mike was great to work with. Very helpful with the sale of our property. I would recommend Mike to anybody selling property.”

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Tom Sawyer, Anaconda mt

“Mike did such a great job for us in a time of need. Very professional, helpful and kind representative. Definitely knows the area and is realistic and forthright.”

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Brett, Helena

“You know you've hired the best realtor in Anaconda, Montana when: - The guidance and advice are direct, on-point and always in the client's best interest - The levels of trust, expertise and market knowledge are unsurpassed - The care and service extend long past closing - The details are always water-tight - The beers are a regular thing His name is Mike Moreni and he works at Century 21 Shea realty. Call him. It's the only call you'll have to make.”

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Keith W., Anaconda, MT

“Mike was very honest and helpful when it came to the things that needed to be adressed in order sell our house. He has an outreach with lots of customers that are looking to buy so he can show your house to the customers in the market that would be well suited for the home you are selling.”

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Rob Roe, Anaconda, MT

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Lacee Thomas, Anaconda MT

“Mike should be your first choice for any of your real estate needs. He make the hectic process very easy for you as a buyer or seller. Mike is the gold standard for realtors.”

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Lee Klemann, Anaconda, Mt

“Mike did an excellent job displaying our family home of 38 years. He had many showings of our house with positive feedback. He took the best pictures and videos of our house where prospective buyers could see the features of our home. I have known Mike all of my life and knew he would do the best job for us and he came through for us. We would definitely recommend Mike Moreni to anyone buying or selling a home in Anaconda Montana.”

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Nancy Moquist, Anaconda Montana

“Mike was extremely helpful in all our needs and everything we needed to do to get through this project. We will do it with him again in a second highly recommend him.”

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Greg Hareland, Butte mt

“He is awesome, could not ask for a better agent to sell my house, from the beginning, he listened and understood what was important to us and our objective and he proformed an outstanding outcome for us, I could not be happier with the results, he is as good as they come, I was surprised to find such talent in a small town like anaconda. Thank you Mike, I won't forget you.”

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Billy nehrir, Anaconda mt

“Mike was so easy to work with and did a wonderful job communicating and responding quickly to our needs. I would 100% recommend Mike. he was professional and very knowledgeable.”

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Rona McOmber, Anaconda. MT

“We know of no way we could be more satisfied with the services provided by Mike. He was thorough, professional, knowledgeable, approachable, efficient, cordial and has now become a friend to us through this experience!”

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Ann and Wally Wright, Boise, Idaho

“Mike did a great job with pricing our property, showing our property, keeping us informed of the progress of the sale, and the final closing. I would recommend Mike to anyone selling property!”

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Karen Bennett, Anaconda, Montana

“Mike was amazing to work with. He is very patient and understanding. He made the house buying process easier. It was important to me that I work with somebody trustworthy and Mike is 100% that guy.”

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Kathryn, Anaconda, MY

“Mike made the home buying process extremely easy! He was very knowledgeable and was able to explain everything happening and the following step so we weren't blindsided by anything. Mike worked very hard to get us the house we wanted and we cannot begin to express our gratitude!”

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Scott Fitzpatrick, Anaconda, MT

“An A experience in A-town with Mike!”

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A-town homie, Missoula

“Mike Moreni was incredible to work with on the listing and sale of my Mom's estate. From beginning to finish, he was understanding and professional. His communication levels were off the chart. He quickly addressed any bumps along the way during the sale and closing process. Which, I might add, he sold in a very short period of time. I would HIGHLY recommend Mike to anyone looking to buy or sell property!! Thanks again.”

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Jerri Chastain, Anaconda, MT

“Even after five years of searching for the right property, Mike never gave up on me. He put 200% into every property I viewed, made offers on, or almost closed on. And in that five years, there were many. Mike's commitment to me and his excellent service stayed steady over the years. When I finally did secure the property of my dreams, he helped me negotiate the terms favorable for me in a calm, highly professional manner. Over my life I've purchased many properties and Mike is hands down the best realtor I've ever worked with. He's my trusted advisor in all matters real estate.”

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MS, Anaconda, MT

“Mike goes above and beyond to help locals stay local in a fast changing RE market. Local knowledge and connections are huge in an area like SW Montana. Willing to help through all stages and stays in contact after his commisson check hits.”

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Elijah & Kelsey Mathias, Anaconda, MT

“Working with Mike Moreni on the sale of my house was an absolute pleasure. Mike's knowledge of the local market, pricing, and marketing are seond to none. We had so many offers within the first couple of days that it could have been very overwhelming if not for Mike's thoughtful feedback and guidance. He works day/night/weekends to keep communications flowing. Above all else, Mike works with intergity and honest transparency at all times. Our whole experience was smooth and enjoyable. I highly recommend Mike for anyones real estate needs. He truly is one of the most intelligent and honest agents I have ever met. I'm so grateful.”

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Meagan Montgomery, Anaconda MT

“We were impressed by so much of what Mike did as he guided us through finding a house in an area unfamiliar to us. As we were looking at houses he was also carefully looking at them, and many times he pointed out things to consider that we hadn't noticed. He also showed a lot concern about how we were feeling about the property - well beyond the price and location. It was clear he didn't want us to settle for something we weren't truly happy with. As we got close to the closing date he noted that the sellers were likely not able to move out in time - not much packed. He alerted the seller's agent and helped her help the sellers. I have only great things to say about our experience with Mike.”

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Gail, Butte, MT

“I sold real estate for over 25 years before I retired. I have worked with many agents in the past but can tell you that Mike is exceptional. He's very knowledgeable, professional, and most of all personable. I would highly recommend Mike to anyone who is interested in selling our purchasing real estate.”

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Cindy Monroe, Townsend, MT

“Not only was Mike the best to work with, I know he will be there for us in the future. He made the transaction seamless!”

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Tom Burckhard, Los Angeles

“Great job. Very professional at every level. We were very satisfied with presentation of our listing. Price was spot on. Took seven days and we had two contracts to sell our property. We couldn't have been anymore satisfied.”

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G&B Branson, Billings montana

“Mike Moreni was very knowledgeable of the area and the best approaches to marketing the property. He went above and beyond in ensuring that our needs were met and in preparation for buyers visits. I highly recommend Mike to anyone looking to buy or sell property.”

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Bob Tribelhorn, Mead, WA

“Mike went above and beyond selling our property. Faced with insurmountable, uncontrollable adversity, Mike mitagated the situations faced and got us listing price as well as went out of his way to make the process seamless.”

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Erick Brittain, Kennewick, WA

“Mike made the purchase of our home go so smooth! His knowledge of the area and procedures are unparalleled in his field. I could not recommend him high enough. I'm not sure we would have been able to purchase our home without him.”

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Tracy W., Anaconda, Mt

“Awesome!!!! Highly recommend”

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Hannah Blaz, Anaconda Montana

“Best Realtor in Anaconda. Professional. Kind. Understanding. Knowledge. Presistent. Could not have asked for a better person to sell my property. He should have earned more, he deserved it. Love the man.”

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Scott L Fitzpatrick, Anaconda, MT

“Mike was awesome! Made everything super easy and fast! He took care of the property in between owners such as mowing the lawn and watering it! He made my family's dream come true and would use him again as well as refer my friends and family to him. Mike is 5 stars!”

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Shawn Strickland, Anaconda, MT

“I've known and worked with Mike for many years so when it came time to sell my home there wasn't a question of who to contact. Not only will you have a Real Estate professional who works tirelessly, you will have a new friend in Mike. Thanks Michael for your help. It truly was a pleasure having you as my Realtor.”

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Kevin Stanley, Anaconda MT

“I have worked with Mike on several listings in the area. Terrific results every time.”

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“Mike is the best!! , He worked so hard He broke His leg!”

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Jonesie, Hamilton mt

“Mike was professional and did a great job for us. Enjoyed working with him!”

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Diane Tocher, Boise ID

“Mike was wonderful to work with, we couldn't have asked for a better experience. He was professional, honest, and upfront with all of our questions. We would highly recommend to all of our friends.”

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Matt & Hannah, Anaconda, MT

“It was an honor to work with Mike, a true professional!”

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“Mike is honest and upfront. He helped me make decisions on things I didn't know much about but he did. Very professional. I need to be able to trust my realtor to be honest and blunt of good and bad. He did just that.”

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Julie Bunnis, Butte MT

“Mike was very helpful in our search for a new home. He was easy to get ahold of and trustworthy when viewing many homes in the Anaconda/DeerLodge area. Always professional and knowledgeable regarding the properties we were interested in. We will absolutely recommend Mike to everyone we know!!”

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McKenah, Anaconda, MT

“We worked with Mike Moreni on our recent Real Estate purchase in Anaconda, MT. As we currently live out of state, we had to rely on Mike's knowledge and experience a great deal throughout the process. Mike was always very prompt to respond to our needs and questions, and was willing to drop his Sunday plans when we were suddenly ready to make an offer. We enjoyed our interactions, and we feel great about our purchase. We are very grateful to Mike for the part that he played in this process. Mike and Isabel Conger”

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Mike Conger, Colorado

“Working with Mike over the last few months was such a great experience! He is incredibly knowledgeable, responsive, and genuinely cares about helping his clients find the perfect property. I really appreciated his ability to provide valuable insights and support every step of the way. Thanks so much, Mike!”

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Kayla Sheridan, Butte, MT

“I thoroughly enjoy working with all agents at Century 21 Shea Realty. Mike is the top of his field in all aspects. He's spot on with communication, is always easy to get ahold of, and follows up extremely well. His sales tactics and personality are perfect. Low pressure but very effective. I've witnessed a couple times working with Mike where he closed the deal using these skills and all parties are always happy. Mike in my eyes is the perfect Real Estate agent for our market.”

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Curt Gannon, Anaconda

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“Mike did a great job facilitating a fast transaction. Thanks for all your help Mike!”

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Brian Solan, Helena, MT

“Could not ask or hope for a better agent, in every way, than Mike Moreni. Kind, knowledgable, efficient and takes all the time needed to explain the unexplainable. An easy recommendation.”

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Ann Munoz, Richard Herbolich, Mike Herbolich. Pocatello, Lexington, Naperville

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