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401 Milwaukee AvenueDeer Lodge, MT 59722Price: $499,000

  • Price: $499,000
  • 61 Days on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $499,000List Price
  • 0.46Acreage
  • 4,000Square Feet

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Listed by David Wells and Robert Grant of PureWest Real Estate - Missoula

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Exceptional opportunity to acquire a well-located commercial property in rural Deer Lodge, Montana, offering both income potential and future flexibility. Positioned on the corner of 4th St and Milwaukee, the property consists of two parcels totaling approximately 0.458 acres. The primary lot (0.298 acres) features a 4,000 SF building with excellent visibility and functional layout, well-suited for a variety of commercial uses; once a bank and now a retail space. The secondary lot (0.16 acres) provides valuable additional space currently utilized as outdoor yard storage, ideal for equipment, materials, or future expansion or development. This parcel also includes a newly constructed 1,140 SF commercial shop (built in 2024) with approximately 14' clear height, offering versatility for warehousing, service, or additional retail space. The property is currently leased to a ranch supply retailer on a month-to-month triple net lease at $3,500/month, providing immediate income while maintaining flexibility for a future owner-user. With its combination of income, usable yard space, and redevelopment potential, this property presents a compelling opportunity for both investors and owner-users in the Deer Lodge market.

Property Details of 401 Milwaukee Avenue

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MT MRMLS

Based on information submitted to Montana Regional MLS as of May 20, 2026 9:08 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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