For Sale
$120,000

589 1St StMontevideo, MN 56265

Prime Corner Lot, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional commercial property, located at 589 SW 1st Street in Montevideo, Minnesota, presents a unique investment opportunity. The 0.35-acre lot sits on a busy intersection, ensuring high visibility and accessibility for any business. Currently operating as a quick-serve coffee shop, the 15,254 square foot building offers versatile space suitable for a variety of commercial uses, including restaurant, retail, or mixed-use development. The asking price is $120,000, translating to a price per square foot of $7.87. The property is offered as a single tenancy with a gross lease type. The legal description is 589 1st St., LLC, and the parcel ID is 70-818-3225. This prime location in Chippewa County, Minnesota (zip code 56265), offers significant potential for growth and return on investment. The property's strategic positioning at a busy intersection in Montevideo makes it an ideal location for a thriving business. The existing structure provides a solid foundation for immediate occupancy or redevelopment, catering to a wide range of commercial ventures. This is a rare opportunity to acquire a substantial commercial property in a desirable location at an attractive price point. Don't miss out on this chance to own a piece of Montevideo's vibrant commercial landscape.

Highlights

  • High-traffic corner location in Montevideo.
  • Prime location at a busy intersection in Montevideo, offering excellent visibility and accessibility.

Property Details for 589 1St St

Property type
Retail properties, Restaurants
Square Feet
15,254 SF
Lot Size (sq. ft)
15,246 SF

Location Insight

City
Montevideo
County
Chippewa
State
Minnesota
Latitude
44.9375447
Longitude
-95.7266579
589 1St St, Montevideo, Minnesota

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589 1St St
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