222 1st Street S Montgomery, MN $ 539,900
222 1st Street S
$ 539,900
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222 1st Street S

Montgomery, MN, 56069
$ 539,900
Bedrooms-- Baths-- Sq 16,964

Monthly Estimate*

$ 3,729

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Commercial Property for sale in Montgomery, MN

for $539,900. This 16,964 square foot building was built in 1910 on a lot size of 0.16.

Iconic Main Street Landmark- Incredible Investment Opportunity! Discover the historic Monty Bar & Hotel, prominently situated on a highly visible corner lot in the heart of downtown. This impressive brick commercial building offers nearly 17,000 sq ft of character, history and endless possibilities. The main level features a well established bar, proudly operated by the same owner for 41 years, along with spacious rentable party room, formerly a restaurant. A longtime community gathering place where friendships and memories have been made for generations. The third level offers a charming hotel with 12 guest rooms and one-bedroom apartment, capturing the warmth and nostalgia of yesteryear. The fourth level features 10 additional rooms awaiting TLC and a new vision. An unfinished basement provides abundant storage and utility space. Sale includes equipment, furniture and fixtures. Continue the legacy or explore exciting possibilities for apartments, condos, vacation rentals, retail or mixed-use development, subject to approvals. A rare opportunity to own a piece of Main Street history and bring new life to this treasured landmark.

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Commercial Active

Price

$ 539,900

Property Type

Commercial

Taxes

$ 6,040

Style

Lot Size

0.16

Year Built

1910

Town/City

Montgomery

County/Region

Le Sueur

MLS | Web ID

7169933

Features
General
Sewer City Sewer/Connected
Heating Baseboard Forced Air Zoned
Utilities Electric Common Heating Common Hot Water Common
Roof Age Over 8 Years Flat Rubber Tar/Gravel
Appliances Water Softener Owned
Garage Spaces 0
Construction Materials Brick
Year Built 1910
Topography Level
Levels Three Or More
Tax Year 2026
Current Use Professional/Office Commercial Event Space Hotel/Motel Bar/Tavern
Accessibility None
County Le Sueur
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name City Of Montgomery
Possible Use Other Restaurant Retail Income
Directions Hwy 13 S to Fir Ave NW to 1st Ave N to building on right. Building located on corner of 1st Street S and Elm Ave. This is the Monty Bar and Hotel.
City Montgomery
High School District Tri-City United
Zoning Description Business/Commercial
Number Of Units Total 13
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 6040
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Full Unfinished
Basement (Y/N) Y
Foundation Dimensions 4412
Fuel Electric Natural Gas
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Exterior
Parking Features Guest Parking Parking Garage
Lot Features Corner Lot
Water Source City Water/Connected
Inclusions Building Business Fixture/Equipment Land
Lot Size Area 0.16
Building Area Total 16964
Lot Dimensions 134x44
Waterfront Y/N N
Foundation Area 4412
Road Frontage Type City Street Curbs Paved Streets Sidewalks Street Lights
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 222
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* Excluded Features
List By
Re/Max Advantage Plus

Broker

lisasklu@yahoo.com

Email

Affordability Calculator

$4,232
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,729
Monthly Property Taxes
$503
Monthly 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
708761 Elementary School
708957 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/6/2026$539,900 Listed Price

Map


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222 1st Street S, Montgomery, MN, 56069 is a Commercial Property for sale at $539,900 with 16,964 sqft and a lot size of 0.16. 222 1st Street S was built in 1910. The property's zip code is 56069 which is in Montgomery, MN