UPDATED:
Key Details
Property Type Commercial
Sub Type Building
Listing Status Active
Purchase Type For Sale
Square Footage 14,229 sqft
Price per Sqft $43
MLS Listing ID 414980
Year Built 1895
Annual Tax Amount $8,600
Tax Year 2026
Lot Size 7,013 Sqft
Acres 0.161
Property Sub-Type Building
Property Description
Building systems have been substantially updated: plumbing, heating, and electrical work completed within the last 25 years; newer roof. The second floor is partially remodeled, with electrical, HVAC, and most plumbing already in place, and is well suited for additional office space or conversion to approximately 14 apartments.
One of Anaconda's nicest and most distinctive historic downtown buildings, with a rich local history and irreplaceable brick architecture. Operates at an approximately 8% cap rate on a pro forma basis. Strong fit for 1031 exchange buyers seeking a manageable commercial property with in-place income and a clear value-add path upstairs.
Located in an IRS Opportunity Zone. May be eligible for 25% federal/state historic tax credit programs. Local TIF funds are also available to support restoration of downtown Anaconda buildings. Buyer to independently verify square footage, unit mix, leases, zoning, Opportunity Zone status, historic-credit eligibility, and TIF availability.
Location
State MT
County Deer Lodge
Area Butte And Surrounding Areas
Zoning CBDD
Direction East Park and Cherry St
Interior
Heating Baseboard, Central, Forced Air, Gas
Cooling None
Fireplace No
Exterior
Parking Features Off Site, Paved, On Street
Utilities Available Cable Available, Electricity Connected, Natural Gas Available, Sewer Available, Water Available
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Others
Tax ID 0000547700
Ownership Full
Acceptable Financing Cash, 1031 Exchange, Owner May Carry
Listing Terms Cash, 1031 Exchange, Owner May Carry
Special Listing Condition None