305 N 1st Street Montevideo, MN 56265
Check out this spacious downtown commercial building with 3920 sq ft of space on each level. Enjoy rental income from the four 2nd floor apartments as you set up your business on the main level. The main level could also be divided into 2 sides. Each with their separate entrances to create more rental income. Updates include a 3 year old roof with added insulation, new thermopane windows, all 4 apartments rewired 15 years ago by Ron Molde, two main electrical boxes brought up to date, the front of the building has white ceramic brick, and the back of the building is new in 2023 per an insurance claim. This is a great investment opportunity.
- Property TypeCommercial
- NeighborhoodN/A
- CountyChippewa
- Taxes$2,854
- HOA/Condo/Coop Fees$0
- Days on Site23 Days
- MLS StatusActive
- MLS ID Number6514647
- Home Size Source N/A
- Year Built1885
- Lot Size0.13 Acres
- Full Baths3
- Partial BathsN/A
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General Features
- Construction Brick Veneer
- Parking On- Street Parking Only
- Basement FullStorage SpaceUnfinished
- Number of Stories 2
- Zoning Business/Commercial
- Property Sub Type Mixed Use
- Garage Spaces 0
- Contingency None
- Sewer City Sewer/ Connected
- Water City Water/ Connected
Interior Features
- Cooling Window Unit(s)
- Heating Hot Water
- Appliances RangeRefrigerator
Exterior Features
- Roof OtherAge 8 Years or Less
- Construction Details Brick Veneer