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    609-621 Locust St Monticello, MN 55362

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    For Lease
    $12 SF/Yr ($1,545 /Mo)

    Prime retail space in downtown Monticello with convenient highway access.

    Property size:
    1,545 SF
    Lot size:
    1.20 Acres

    Property Features for 609-621 Locust St

    General Information

    Size
    1,545 SF
    Lot size
    1.20 Acres

    Source: KW Commercial - Minnetonka Agent Dan Boschwitz

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Monticello Retail Space

    Located in downtown Monticello, this retail space benefits from a location on a busy traffic corridor with convenient access to Hwy 25 and I-94. The property is suitable for boutique retail, professional services, and specialty shops, and is ideal for growing local businesses. The available space features open floor plans suitable for retail, service, or office use. The property is fully sprinkled and includes front and rear entrances. Suite 611 will be available 5/15/26. Monument signage is available. Convenient on-site and street parking are provided. The property is near local shopping, coffee, dining, and amenities. Current co-tenants include Rancho Grande Restaurant, Lovely Nails, Dog Gone Gorgeous Grooming Salon, and King Cutz Sports Barbers.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monticello
    County
    Wright
    State
    Minnesota
    Longitude
    -93.800906
    Latitude
    45.301998

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    FAQs

    What type of property is this?
    Retail space - Prime retail space in downtown Monticello with convenient highway access.
    Where is this retail space located?
    The property is located at 609-621 Locust St Monticello, MN.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Prime Downtown Monticello location on a busy traffic corridor.; - Easy access to Hwy 25 and I-94.; - Open floor plan suitable for retail, service, or office use.
    (612) 804-8730
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    609-621 Locust St Monticello, MN 55362
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    609-621 Locust St Monticello, MN 55362
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