551 SW 1st Street Montevideo, MN ^$ 175,000

551 SW 1st Street

^$ 175,000

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551 SW 1st Street

Montevideo, MN, 56265

^$ 175,000

Bedrooms-- Baths-- Sq 1,755

Monthly Estimate*

^$ 1,209

551 SW 1st Street, Montevideo, MN 56265 - Image 1

551 SW 1st Street, Montevideo, MN 56265 - Image 2

551 SW 1st Street, Montevideo, MN 56265 - Image 3

551 SW 1st Street, Montevideo, MN 56265 - Image 4

551 SW 1st Street, Montevideo, MN 56265 - Image 5

551 SW 1st Street, Montevideo, MN 56265 - Image 6

551 SW 1st Street, Montevideo, MN 56265 - Image 7

551 SW 1st Street, Montevideo, MN 56265 - Image 8

551 SW 1st Street, Montevideo, MN 56265 - Image 9

551 SW 1st Street, Montevideo, MN 56265 - Image 10

551 SW 1st Street, Montevideo, MN 56265 - Image 11

551 SW 1st Street, Montevideo, MN 56265 - Image 12

551 SW 1st Street, Montevideo, MN 56265 - Image 13

Commercial Property for sale in Montevideo, MN

for $175,000. This 1,755 square foot building was built in 1948 on a lot size of 0.173.

Commercial Active

Price

^$ 175,000

Property Type

Commercial

Taxes

^$ 3,264

Style

Lot Size

0.173

Year Built

1948

Town/City

Montevideo

County/Region

Chippewa

MLS | Web ID

7085777

Features

General

Sewer City Sewer/Connected City Sewer - In Street

Heating Forced Air

Cooling Central Air

Utilities Electric Separate Hot Water Separate

Roof Age 8 Years or Less

Appliances Electric Water Heater

Garage Spaces 0

Construction Materials Block Frame

Year Built 1948

Levels One

Tax Year 2025

Current Use Professional Service

Accessibility Doors 36 + Fully Wheelchair

County Chippewa

New Construction N

Property Type Commercial Sale

Contingency None

Subdivision Name First Street

Directions 1/4 mile NE of Hwy 212 & 7

City Montevideo

High School District Montevideo

Zoning Description Business/Commercial

Number Of Units Total 1

Lot Size Units Acres

Carport Spaces 0

Land Lease Y/N N

Tax Annual Amount 3264

Additional Parcels Y/N N

Standard Status Active

Lender Owned No

Interior

Basement Block Storage Space Unfinished

Basement (Y/N) Y

Ceiling Height 8-10

Foundation Dimensions 39x45

Fuel Natural Gas

Garage Dimensions 0

Garage Door Width 0

Garage Square Feet 0

Exterior

Fencing None

Parking Features Gravel Guest Parking Parking Lot Paved Lot

Lot Features Irregular Lot

Water Source City Water/Connected City Water - In Street

Inclusions Building Land

Lot Size Area 0.173

Building Area Total 1755

Lot Dimensions Irregular

Waterfront Y/N N

Foundation Area 1755

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 551

* Excluded Features

List By

Van Binsbergen & Associates Llc

Broker

scott@vanbllc.com

Affordability Calculator

$1,481

Per Month

Monthly Principal & Interest: $1,209
Monthly Property Taxes: $272
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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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Nearby

Trends
Schools

Commerical listings in Montevideo, MN

Average List Price ^$267,394

Percent of Sale Price 53%

About Montevideo, MN

5,362 Population

0% Since 2002

^$50,118 Median Income

40.78 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3048759 Elementary School

3048582 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/3/2026	$175,000		Listed Price

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551 SW 1st Street, Montevideo, MN, 56265 is a Commercial Property for sale at $175,000 with 1,755 sqft and a lot size of 0.173. 551 SW 1st Street was built in 1948. The property's zip code is 56265 which is in Montevideo, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 10/15/2026.

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551 SW 1st Street

Commercial Property for sale in Montevideo, MN

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