305 N 1st ST Active Save Request In-Person Tour Request Virtual Tour
Montevideo,MN 56265
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6514647
Year Built 1885
Annual Tax Amount $2,854
Tax Year 2023
Contingent None
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 49x120
Property Description
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.
Location
State MN
County Chippewa
Zoning Business/Commercial
Rooms
Basement Full,Storage Space,Unfinished
Interior
Heating Hot Water
Cooling Window Unit(s)
Inclusions Building,Leases
Fireplace No
Appliance Range,Refrigerator
Exterior
Garage On-Street Parking Only
Utilities Available Electric Separate,Heating Common,Hot Water Separate
Roof Type Age 8 Years or Less,Other
Present Use Residential,Retail,Vacant
Building
Story Two
Foundation 3920
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Brick Veneer
Schools
School District Montevideo