Located in the heart of downtown Big Timber, Montana, 236 McLeod Street offers a rare opportunity to own a substantial and versatile commercial property with income-producing potential already in place. Encompassing over ±9,680 square feet, this historic building combines strong street presence, flexible commercial space, and modern updates in one of Montana's most authentic western communities. The property currently features a street-front commercial tenant, providing immediate rental income and excellent visibility along McLeod Street. Behind the retail frontage lies a spacious shop and warehouse area that has been newly rewired and upgraded with new lighting, creating a highly functional space ideal for storage, light industrial use, manufacturing, trades, inventory, equipment, or additional commercial tenants. Adding further value and flexibility, the building also includes a one-bedroom apartment that offers additional income potential or on-site living accommodations for an owner, manager, or employee. With its combination of downtown frontage, warehouse capability, updated infrastructure, mixed-use functionality, and existing income streams, 236 McLeod Street presents a unique investment opportunity in the growing Big Timber market. Whether you are seeking a commercial headquarters, income-producing asset, live/work setup, or redevelopment opportunity, this property offers the size, character, and versatility to bring a wide range of visions to life.