Hospitality

Montgomery, MN Hospitality Properties for Sale

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Le Sueur, MN Le Center, MN New Prague, MN Heidelberg, MN Prior Lake, MN Lonsdale, MN Kilkenny, MN Faribault, MN
Brick Mixed-Use Building
Updated: Nov 6
Brick Mixed-Use Building

222 1st Street S, Montgomery, MN 56069

$539,900
0.16 AC lot
Nearly 17,000 square feet on a 0.16‑acre lot
Brick building constructed in 1910
Main floor includes a bar and rentable party room
Third level has 12 hotel guest rooms and a one‑bedroom apartment
Fourth level contains 10 additional rooms
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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1 active listing matches your search: Hospitality for sale in Montgomery, MN. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

32-Room Hotel with Redevelopment Potential
32-Room Hotel with Redevelopment Potential

5346 Minnehaha Ave, Minneapolis, MN 55417

Contact for pricing
0.58 AC lot

Functioning 32-room hotel on a two-parcel site zoned CM2 Corridor Mixed Use.

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Chaska Hospitality Property For Sale
Chaska Hospitality Property For Sale

1 Oak Ridge Dr |, Chaska, MN 55318

Contact for pricing
171 sqft

Hospitality property in Chaska, Minnesota, near retail, parks, and schools.

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Riverfront Hospitality Asset with Redevelopment Potential
Riverfront Hospitality Asset with Redevelopment Potential

1 River Bend Pl, Chaska, MN 55318

Contact for pricing
72,578 sqft

Riverfront property in downtown Chaska with redevelopment potential.

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Historic Minneapolis Landmark For Sale
Historic Minneapolis Landmark For Sale

100 E 22 St, Minneapolis, MN

Contact for pricing
20,652 sqft 0.42 AC lot

Iconic property with versatile potential in Kenwood neighborhood.

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Montgomery, MN Hospitality Properties Market Trends and Statistics

Explore 1 hospitality properties for sale in Montgomery, MN on our real estate platform.

Sale prices for hospitality properties in Montgomery, MN average $539,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 1

Demographics Overview

Population 4,948
Population Growth (5Y) +7.0%
Median Household Income $81,919
College Educated 26.1%

Taxes & Financing

Tax Rate (average for all types) 2.53%
Property Tax per SF $26.01 per SF
Tax Rate vs County Average 0.07 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Le Sueur County

New Delisted

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