Downtown mixed-use building with character, income, and flexibility in the historic district. This 8,151 square foot property offers six units of mixed sizes with two front facing offices, plus a shared common area, kitchenette, conference rooms, A/C, and large windows that capture natural light and downtown views. The alley-accessed studio apartment creates a true live/work setup or an excellent option for either short-term or long-term rental income. Priced at a pro-forma 6.5% cap rate, it is an attractive investment with both current cash flow and room to add value. Located in the historic downtown district with limited use restrictions and strong neighboring businesses, this building is well-suited for professional services, retail, creative studios, residential, medical, or co-working concepts. As a northern gateway to Yellowstone National Park and just a short drive from Bozeman, this location blends small-town character with year-round visitor traffic. SELLER FINANCING IS AVAILABLE! Floor plans included in the listing photos.

Big Sky MLS / Gallatin Association

Based on information submitted to Big Sky MLS / Gallatin Association as of May 20, 2026 5:09 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Property Details of 124/126 S 2nd

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Derek Joseph

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Property Details of 124/126 S 2nd

Property Details

Basic Information

Building

Location

Finance

Interior Features

Interior Features

Utilities and Appliances

Utilities and Appliances

Map Location

Hi there! How can we help you?

Hi there! How can we help you?

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