422 Main StLivingston, MT 59047

Property Details for 422 Main St

Year built

1980

Construction

WOOD

Lot size

0.78 AC

Property size (Sq ft)

24,680 SF

Zone code

2

Property type

Medical offices

Property subtype

Medical centers

APN

49-0802-13-4-04-06-0000

APU

49080213404060000

Description

This exceptional multi-use property at 422 S Main Street, Livingston, MT, presents a compelling investment opportunity. Boasting 24,680 square feet on a 0.92-acre lot, the building offers a unique blend of commercial and residential spaces. The ground floor encompasses commercial units, while the second floor features eight residential units, all benefiting from convenient access via two automatic lift chairs. Below ground, a substantial garage provides 18 parking spaces, enhanced by an automatic door, CO2 exhaust system, and a heated ramp for winter accessibility. Commercial tenants enjoy an additional 38 outdoor parking spaces, complete with a wheelchair ramp and ADA-compliant doors. The property's prime location adjacent to schools and the downtown area ensures high visibility and strong tenant demand. A history of excellent rental occupancy and robust cash flow further underscores the investment potential. The asking price is $2,990,000. This is a rare opportunity to acquire a well-established, high-performing multi-use building in a thriving Montana community. The property's diverse income streams and strategic location make it an ideal investment for discerning buyers seeking strong returns. The virtual tour is highly recommended for a comprehensive view of this remarkable property.

• CAP approach

  CAP return

  Valuation

  6%

  $4,413,658

  6.5%

  $4,074,146

  7%

  $3,783,135

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,262,023

  Geo Method

  $5,262,023

• Alternative Use

  Use

  Valuation

  Residential

  $5,051,940

  Hospitality

  $4,627,550

  Educational

  $3,850,068

  Medical

  $3,982,477

  Retail

  $5,988,994

Location Insight

City

Livingston

County

Park

State

Montana

Latitude

45.6577

Longitude

-110.556

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].