111 N 1st Street Montevideo, MN $ 185,000
111 N 1st Street
$ 185,000
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111 N 1st Street

Montevideo, MN, 56265
$ 185,000
Baths0.0 Sq 4,450

Monthly Estimate*

$ 1,292

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Studio

Commercial Property for sale in Montevideo, MN

for $185,000. This 4,450 square foot building was built in 1930 on a lot size of 0.07.

This wonderful main street building was completly remodeled and updated in 2012-2013. Some of the updates includes furnace and air conditioning, all new electrical, new windows upstairs, computer lighting, full kitchen and conference room, flooring, plus updated offices and bathrooms. Currently there are 4 offices, kitchen, bathroom and conference room on the main level which could be opened up for retail space if wanted. The upper level has 13 offices and 2 bathrooms. The basement offers nice storage complete with loading dock. There is 2,225 sq ft of space on each level just waiting for your business ideas.

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Commercial Active

Price

$ 185,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,764

Style

Lot Size

0.07

Year Built

1930

Town/City

Montevideo

County/Region

Chippewa

MLS | Web ID

6492269

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Common Heating Common
Roof Other
Garage Spaces 0
Construction Materials Brick/Stone
Year Built 1930
Levels Two
Tax Year 2023
Current Use Office
Accessibility None
County Chippewa
Insurance Expense 2782
Property Type Commercial Sale
Association Amenities None
Contingency None
Possible Use Office Professional Service Rest/Lounge Retail
Directions From Theodore Christianson Dr go east on Canton Ave to 1st street. Go south on 1st street to 111 N. The building is on the west side of the street.
City Montevideo
Buyer Agent Compensation 2.25
High School District Montevideo
Zoning Description Business/Commercial
Total Units 2
Street Name 1st
Land Lease Y/N N
Tax Annual Amount 2764
Electric Expense 7204
Fuel Expense 2020
Water Sewer Expense 2725
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Full Stone/Rock Unfinished
Basement (Y/N) Y
Street Suffix Street
Foundation Dimensions 25x89
Fuel Natural Gas
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Exterior
Parking Features Off Site On-Street Parking Only
Water Source City Water/Connected
Inclusions Building Land
Lot Size Area 0.07
Building Area Total 4450
Lot Dimensions 26x120
Lot Size Units Acres
Foundation Area 2225
Road Frontage Type City Street
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Internal Only
Street Number 1 111
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* Excluded Features
List By
Kuhlmann Real Estate, Inc.

Broker

bruce@montevideohomes.com

Email

Affordability Calculator

$1,523
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,292
Monthly Property Taxes
$230
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3048759 Elementary School
3048582 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/23/2024$185,000 Listed Price

Map


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111 N 1st Street, Montevideo, MN, 56265 is a Commercial Property for sale at $185,000 with 4,450 sqft and a lot size of 0.07. 111 N 1st Street is a studio with 0.0 baths and was built in 1930. The property's zip code is 56265 which is in Montevideo, MN