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Est. payment /mo
1.88 Acres Lot
Active
586 SW 1st ST Montevideo, MN 56265
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6690380
Year Built 1979
Annual Tax Amount $13,094
Tax Year 2024
Contingent None
Lot Size 1.880 Acres
Acres 1.88
Lot Dimensions 81892
Property Description
This Prime Real Estate & Lease to Own opportunity is knocking! Open your door to ownership in a LEASE TO OWN w/ BUILD TO SUIT option available! Located on the busiest corner of Montevideo, at the 4-Way intersection of US Hwy 212, Hwy 7&59 and 1st Street, this 1.88 Acre property was home to a former quick serve restaurant with both dine-in and drive-up window service. The Owner & Developers of this property welcome the opportunity to work with you and your team in building & leasing your own quick serve business! Other leasing options and ideas are welcome as well.
A gateway city to the Minnesota River Valley National Scenic Byway, Montevideo is home to almost 6500 residents; and a great many businesses and organizations that employ and serve not only our community, but surrounding communities in our four county area. Montevideo is also host to our brand new Veterans Home which opened in 2024; the Montevideo Army National Guard T.A.C.C.; the Chippewa County Health Hospital, Clinic, Fitness Center & Outreach Service; 5 Public Schools from Pre-School - High School, 10 Churches; the 18 Hole Rivercrest Golf Course; and seven industrial and manufacturing businesses; just to name a few! With an average of 15,000 cars on the move in Montevideo per day, you are in the driver's seat for this wonderful lease to own opportunity! Call today to schedule a showing and for more leasing information!
A gateway city to the Minnesota River Valley National Scenic Byway, Montevideo is home to almost 6500 residents; and a great many businesses and organizations that employ and serve not only our community, but surrounding communities in our four county area. Montevideo is also host to our brand new Veterans Home which opened in 2024; the Montevideo Army National Guard T.A.C.C.; the Chippewa County Health Hospital, Clinic, Fitness Center & Outreach Service; 5 Public Schools from Pre-School - High School, 10 Churches; the 18 Hole Rivercrest Golf Course; and seven industrial and manufacturing businesses; just to name a few! With an average of 15,000 cars on the move in Montevideo per day, you are in the driver's seat for this wonderful lease to own opportunity! Call today to schedule a showing and for more leasing information!
Location
State MN
County Chippewa
Zoning Business/Commercial
Rooms
Basement None
Interior
Heating Forced Air
Cooling Central Air
Inclusions Building, Land
Fireplace No
Exterior
Parking Features Asphalt, Parking Lot, Paved, Open
Utilities Available Electric Separate, Heating Separate
Roof Type Age Over 8 Years,Flat
Present Use Vacant
Building
Lot Description Corner Lot
Story One
Foundation 3760
Sewer City Sewer - In Street
Water City Water - In Street
Level or Stories One
Structure Type Brick/Stone
Schools
School District Montevideo
Listed by Janell Welling • Hughes Real Estate and Auction