301 N 1st Street, Montevideo, MN 56265

$59,000
Property Type: Commercial Bedrooms: 3 Baths: 2 Lot Size (sq. ft.): 6,098 Status: Closed
Current Price: $59,000 List Date: 12/02/2024 Last Modified: 4/10/2026

Overview

Description

Priced to lease by the foot per year. Plus CAM, TX & INS. Aggregate of Tenant improvements ove initial lease term negotiable.... Nearly 20,000 square feet on three levels at 6,445 square feet per floor. Main floor meeting spaces, offices, breakroom and more. Upstairs could be used as a huge apartment or a few dwelling units or community living.... or multipurpose spaces or maybe a daycare? Basement has a walk out street level door making it useful for nearly any manner of use, it even has had a conditional use permit for an indoor gun range. Ample public parking at the rear of the building with easy pedestrian access by well kept sidewalks. All leases and spaces being leased are negotiable. Be sure to find the Virtual 3D Tour.

Listing Details MLS# 6636044

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
300
Owner Occupied
No
Waterfront Present
No
Year Built
1950
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
6445
For Sale or Lease
For Sale
Acres
0.14
Lot Dimensions
30x100
Assessment Pending
Unknown
Garage Stalls
0

Property Features

Accessible: None Air Conditioning: Central Air; Window Unit(s) Basement: Brick/Mortar; Concrete Block; Full; Unfinished; Other CMU Style: Apartments and Retail; Business Opportunity; Office; Other; Retail/Shopping Center; Warehouse Commercial Kitchen Appliances: Other Construction Materials: Block; Brick; Concrete; Other Construction Status: Previously Owned Current Use: Business Service; Church; Commercial; Event Space; Manufacturing; Office; Other; Professional Service; Recreational; Retail; Vacant; Wholesale Exterior: Brick/Stone Financing Terms: Cash Flooring: Carpet; Concrete Slab; Vinyl/Linoleum Foundation: Brick/Mortar; Concrete Block; Other Fuel: Natural Gas Heating: Forced Air Lock Box Type: Combo Lot Description: Irregular Lot; Zero Lot Line On Site Utilities: Electric Common; Electric Separate; Heating Common; Heating Separate; Hot Water Common; Hot Water Separate Parking Characteristics: Off Site; Unassigned; Other Rent Rate per Foot: Net; Other; Per Foot; Per Month Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Flat; Pitched; Rubber Sewer: City Sewer/Connected Stories: Three Or More Topography: High Ground; Hilly; Level; Rolling; Sloped; Solar Oriented; Walkout Wall Description: Drywall; Finished; Paneling Water: City Water/Connected

Contract Information

Off Market Date
2025-01-21
Closed Date
2025-04-08
Sales Close Price
59000
Contingency
None
ListPrice
59000
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

House Number
301
Street Direction Prefix
N
Street Name
1st
Street Suffix
Street
Postal City
Montevideo
County
Chippewa
State
MN
Zip Code
56265

Assessments

Tax With Assessments
3668
Assessment Balance
0

Basement

Foundation Dimensions
47x144
Brick/Mortar
Yes
Concrete Block
Yes
Full
Yes
Unfinished
Yes
Other
Yes

More Information

Building Information

Building Finished SqFt
19335
Building SqFt
19335
Ceiling Height
8-10

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Sale Options

Sale Includes
Other

Unit 1

Unit Number
Yes
Full Baths
Yes
Three-Quarter Baths
Yes
Total Bathrooms
2
Total Bedrooms
3
Total Rooms
11
Level
2nd Level
Unit Total SqFt
5660
Leased?
No

Unit 3

No. of 3 Bedroom Units
Yes

Unit Details

Total Units
3

Office/Member Info

Association
WCAR

Location, Tax and Other Information

Legal Description
leasing only that portion of pid 703751650 - ORIGINAL PLAT S 3 FT OF LOT 5 ALL OF LOT 6 & 20 FT X 21 FT ADJ lengthy see file
Listing City
Montevideo
Map Page
999
Municipality
Montevideo
School District
Montevideo
School District Phone
320-269-8833
Zip Plus 4
1592
Property ID Number
703751650
Tax Year
2023
Tax Amount
2913
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Priced to lease by the foot per year. Plus CAM, TX & INS. Aggregate of Tenant improvements ove initial lease term negotiable.... Nearly 20,000 square feet on three levels at 6,445 square feet per floor. Main floor meeting spaces, offices, breakroom and more. Upstairs could be used as a huge apartment or a few dwelling units or community living.... or multipurpose spaces or maybe a daycare? Basement has a walk out street level door making it useful for nearly any manner of use, it even has had a conditional use permit for an indoor gun range. Ample public parking at the rear of the building with easy pedestrian access by well kept sidewalks. All leases and spaces being leased are negotiable. Be sure to find the Virtual 3D Tour.
Directions
corner of lincoln and 1st

Accessible

None
Yes

Air Conditioning

Central Air
Yes
Window Unit(s)
Yes

Construction Materials

Block
Yes
Brick
Yes
Concrete
Yes
Other
Yes

Construction Status

Previously Owned
Yes

Exterior

Brick/Stone
Yes

Financing Terms

Cash
Yes

Flooring

Carpet
Yes
Concrete Slab
Yes
Vinyl/Linoleum
Yes

Foundation

Brick/Mortar
Yes
Concrete Block
Yes
Other
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Lock Box Type

Combo
Yes

Lot Description

Irregular Lot
Yes
Zero Lot Line
Yes

Parking Characteristics

Off Site
Yes
Unassigned
Yes
Other
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Flat
Yes
Pitched
Yes
Rubber
Yes

Sewer

City Sewer/Connected
Yes

Stories

Three Or More
Yes

Topography

High Ground
Yes
Hilly
Yes
Level
Yes
Rolling
Yes
Sloped
Yes
Solar Oriented
Yes
Walkout
Yes

Wall Description

Drywall
Yes
Finished
Yes
Paneling
Yes

Water

City Water/Connected
Yes

On Site Utilities

Electric Common
Yes
Electric Separate
Yes
Heating Common
Yes
Heating Separate
Yes
Hot Water Common
Yes
Hot Water Separate
Yes

CMU Style

Apartments and Retail
Yes
Business Opportunity
Yes
Office
Yes
Other
Yes
Retail/Shopping Center
Yes
Warehouse
Yes

Commercial Kitchen Appliances

Other
Yes

Current Use

Business Service
Yes
Church
Yes
Commercial
Yes
Event Space
Yes
Manufacturing
Yes
Office
Yes
Other
Yes
Professional Service
Yes
Recreational
Yes
Retail
Yes
Vacant
Yes
Wholesale
Yes

Rent Rate per Foot

Net
Yes
Other
Yes
Per Foot
Yes
Per Month
Yes
Listing Office: Edina Realty
IDX
Last Updated: April - 10 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.