201 S Main Street
Livingston, Montana 59047

$4,750,000

MLS #403287

Listing Details

  • 24900Sq Footage
  • 0.241Acres
  • $4,750,000Price

An exceptional investment opportunity presents itself with this extensively renovated, income-generating mixed-use property within Livingston’s vibrant downtown core. Erected in 1906, the historically significant Montana Block Building is an iconic fixture along Main Street. Architectural Digest acknowledges Livingston as the 19th most beautiful Main Street in America. Encompassing 24,900 square feet, the main floor is comprised of ten units: eight distinct retail spaces, complemented by an ancillary workshop area, with garage door access via the ally, concealed behind one of the retail units, and an office space currently available for lease. Ascending to the second floor reveals thirteen residential units, comprising a mix of six studios and seven one-bedroom units. The building incorporates a full-height basement, which is underutilized, providing rental upside for new owners. Recently completed in 2022, a substantial second-floor renovation has reinvigorated the building, marked by the installation of a new membrane roof and skylights, an upgraded HVAC system servicing the second-story common area, and the integration of new mini-split systems across all residential units. This meticulous transformation includes revealing the original brick facades, installing new flooring, new kitchens, and updating bathrooms. Simultaneously, modernization efforts extended to include extensive plumbing and electrical upgrades, energy efficiency through attic insulation, and the installation of a fully integrated fire alarm system, which communicates with the local fire department. Each commercial space, except for a small office, and 12 of the 13 residential units are currently leased. The listing Agent must accompany any showings. Showings are only available to qualified buyers. DO NOT DISTURB TENANTS. Financials and leases can be provided with a signed NDA; see associated docs for NDA.

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Additional Features

  • Building Area Total
    24900
  • City
    Livingston
  • Contract Status Change Date
    2025-06-17
  • Cooling
    Central Air, Wall Window Units
  • Cooling
    Yes
  • Directions
    Downtown Livingston, corner of Main & Lewis
  • Documents Count
    4
  • Heating
    Forced Air
  • Heating
    Yes
  • Latitude
    45.660432
  • Listing Contract Date
    2025-06-17
  • Listing Key
    1117474399
  • List Price
    4750000
  • Living Area
    24900
  • Longitude
    -110.558426
  • Lot Size Acres
    0.24100
  • Lot Size Square Feet
    10500
  • MLS Area Major
    Park County
  • MLS Area Minor
    6 C - Livingston City Limits
  • MLS Status
    Active
  • Original List Price
    4750000
  • Originating System Name
    S W M T
  • Ownership
    Full
  • Parcel Number
    0000011380
  • Parking Features
    On Street
  • Photos Count
    28
  • Postal Code
    59047
  • Property Sub Type
    Building
  • Property Type
    Commercial Sale
  • Sewer
    Public Sewer
  • Standard Status
    Active
  • Tax Annual Amount
    29302
  • Tax Legal Description
    LIVINGSTON ORIGINAL TOWNSITE, S13, T02 S, R09 E, BLOCK 96, LOT 30 - 32
  • Tax Year
    2024
  • Unparsed Address
    201 S Main Street
  • Utilities
    Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source
    Public
  • Year Built
    1906
Jody Savage

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Listing Provided By Scout Real Estate, Reese Milner

Information provided by Big Sky Country MLS is compiled from miscellaneous sources. Neither the Association, listing brokers, agents or subagents are responsible for its accuracy. MLS users should be advised and should advise prospective purchasers to verify all information regarding the property by their own independent investigation prior to submitting an offer to purchase the property.

What our clients are saying:

Jody Savage is knowledgeable, trustworthy and tireless. I purchased a property this spring (2017) near Bozeman; Jody represented me as well as the seller in the transaction. Jody led me through the entire process because this was the first property I had ever purchased. HOA complications and other details made the purchase more difficult. Jody undertook a boat-load of legwork to make the transaction go smoothly. I hope to work with Jody again.

J.D.

My wife and I used Jody Savage for the sale of our home in Gallatin Gateway, MT. Jody was exceptional in all phases of our sale. We had multiple offers over asking price and sold our home in two days! Jody uses up to date modern marketing, was extremely professional and knowledgeable regarding our market and addressing our needs. She was great to work with and very responsive to any questions we had. Jody is the best in the business and we highly recommend her services!

G.B.

Jody is amazing. She knows the market and was able to advise us on all our many concerns. We so appreciated how responsive she was; within minutes of submitting an online request for realtor contact on a house, she had called us. All our communications with her were like that; we never had to wait long to hear back from her. She was patient and always willing to sit down and meet with us. When we found the house we wanted, she worked tirelessly to secure it for us, and she was extremely patient with us. She was easy to communicate with, understand, and a pleasure to work with – I highly recommend Jody!

J.T.

Jody is FANTASTIC!! We were first time home buyers and she was with us ever step of the way! She never made us feel silly for being new to the process. She definitely knows the area, always kept us up to date on new listings and was just a delight to work with. I would have absolutely zero hesitation recommending her to anyone. Thanks for all the hard-work Jody! We love our house!

K.G.

Jody was awesome to work with. We were new to the area and she was helpful and knowledgeable about not only the housing market, but schools, and lenders. She worked with my work schedule for showings. Jody also stayed late to write an offer to meet our schedule. I would recommend Jody to anyone needing a realtor.

M.L.