$849,000

Income is already in place at this mixed use building in historic downtown Livingston, Montana, a short drive from Bozeman. The 8,151 square foot property has six units of varying sizes, led by two offices facing the street. Tenants also share conference rooms, a common area with a kitchenette, air conditioning, and large windows with natural light and downtown views. A studio apartment off the alley has its own entrance, so you can live where you work, keep a long term tenant, or run a nightly rental. At a 7% pro forma cap rate, the building pairs cash flow from its leased units with room to grow returns over time. Limited use restrictions in the historic district welcome many types of tenants: professional and medical offices, retail, creative studios, coworking, and residential. Neighboring businesses are well established. Livingston is a northern gateway to Yellowstone National Park, so visitors come through in every season, and the downtown keeps its genuine small town Montana character. Floor plans are in the listing photos. Book a private showing to walk the space and judge the opportunity for yourself.