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Downtown Storefront with Showroom
New
For Sale
$55,000

113 N 1st Street, Montevideo, MN 56265

Display windows, a rear loading dock, and additional parking support a range of storefront business operations.

Property Size2,940 SF
Price / SF$18.71
Days on Market6

Property Features for 113 N 1st Street

General Information

Standard status Active
Size 2,940 SF
Property subtype Commercial
Zoning Business/Commercial

Taxes and HOA fees

Annual Taxes $818

Amenities

double open display windows
large open showroom floor
multiple storage rooms
finished basement
back door loading dock/entrance
covered back patio
additional parking

Building Details

Building Size 2,940 SF
Year Built 1900
Buildings 1
Units 1
Listing Agency: Hughes Real Estate and Auction
Listed By: Janell Welling
Source: Getyoumoved
Added: Oct 19 Changed: Oct 23 Last Checked: Oct 23 at 2:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hughes Real Estate and Auction

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Investment Insights

Based on property information with market context.

Positioned in downtown Montevideo, this 2,940-square-foot storefront dates to 1900 and features two display windows overlooking the street. The interior includes an open showroom, multiple storage rooms, and a finished basement, offering customer-facing and back-of-house space within one building.

A rear loading dock and entrance provide service access, while a covered patio and parking behind the main street add practical exterior features. The property is located at 113 N 1st Street in Montevideo, Minnesota, and is zoned Business/Commercial.

Key Highlights

  • 2,940 square feet of finished building area
  • Two open display windows and an expansive showroom floor
  • Multiple storage rooms and a finished basement

Property Analytics

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Current Use

Dave Richard Ltd Accounting Firm Classic Review Discount Store

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Pharmacy Parking Lot & Garage Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

333
Businesses Nearby
7k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 75% Electronics 18% Dining 7%
Casey's General Store Shops & Services
4,901 visits/mo 0.3 miles
Verizon Electronics
1,162 visits/mo 0.5 miles
Valentino's Dining
467 visits/mo 0.1 miles

Demographics for 56265, MN

7,634
Population
3,398
Households
2.2
Avg Household Size
42
Median Age
21%
College-Educated
91%
High-School Grad
264.0 sq mi
ZIP Area
29
Density / Sq Mi
$72,564
Median Household Income
$39,888
Median Earnings
$835
Median Rent
$159,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • Heather Nursery-Floral — 301 Canton Ave, Montevideo, MN 56265
  • Occasional Arrangements — 1015 N 6th St, Montevideo, MN 56265

Frequently Asked Questions

What type of property is this?
Storefront property - Display windows, a rear loading dock, and additional parking support a range of storefront business operations.
Where is this storefront property located?
The property is located at 113 N 1st Street Montevideo, MN.
What is the asking price?
The asking price for this property is $55,000.
What are key features of this property?
This property features: 2,940 square feet of finished building area; Two open display windows and an expansive showroom floor; Multiple storage rooms and a finished basement
More about this property
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