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Active
$169,900
/mo Edit
Commercial:  2 Stories
Built 1885
0.07 acres
Montevideo schools
MLS# 6685014
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    Property Description

    Prime Opportunity on 1st Street in Montevideo! Discover the perfect combination of business and living space with this professionally updated commercial building in a highly desirable location. Situated on 1st Street, this property offers unmatched versatility and potential. The main level boasts a bright and inviting office/retail space, ideal for your entrepreneurial dreams. Whether you're starting a new venture or expanding your business, this space is ready to move into and make your own. Above, you'll find a beautifully designed two-bedroom apartment, complete with modern finishes and ample natural light. Imagine living comfortably and conveniently while your business thrives belowâ??or leasing the main level to help with the mortgage payment. The options are endless: live upstairs and operate your business downstairs or maximize your investment by renting out both levels for consistent income. Located steps away from restaurants, pubs, and grocery stores, this property is nestled in a prime area that attracts foot traffic and offers easy walking access to essential amenities. With its modern updates and move-in readiness, this building is poised to meet all your residential and commercial needs. Don't miss out on this incredible opportunity to own a versatile, income-producing property in the heart of Montevideo. Your future starts here!

    Listing

    Contingency: None
    City: Montevideo
    County: Chippewa
    State: MN
    Property Style: 2 Stories
    Zip Code: 56265
    Subdivision Name: Frinks 1st Add

    Exterior

    Stories: Two
    Garage Spaces: 0
    Other Parking Spaces: 3
    Air Conditioning: Central Air
    Foundation Size: 1,400 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: On-Street Parking Only
    Exterior Material:
    • Brick/Stone
    • Stucco

    Lot & Land

    Acres: 0.07
    Geolocation: 44.944307, -95.723691
    Inclusions: Building
    Lot Dimensions: 25X143
    Zoning: Business/Commercial

    Schools

    School District: 129
    District Phone: 320-269-8833

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $1,398
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,458

    Units

    Total Units: 2

    Miscellaneous

    Current Use: Vacant
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities: Electric Separate
    Water System: City Water/Connected

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    Payment:  /mo

    Listing provided by RMLS, courtesy of Kuhlmann Real Estate, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.