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Brick Mixed-Use Building

222 1st Street S, Montgomery, MN 56069

For Sale
New
$539,900

Commercial Sale, Montgomery, MN

Property Size17,000 SF
Lot Size0.16 Acres
Price / SF$31.76
Days on Market2

Property Features for 222 1st Street S

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning description Business/Commercial
Rooms Basement
Parking features Garage, Guest
Appliances Water Softener - Owned
Subdivision City Of Montgomery
Lot features Corner Lot
High school district Tri-City United
Directions Hwy 13 S to Fir Ave NW to 1st Ave N to building on right. Building located on corner of 1st Street S and Elm Ave. This is the Monty Bar and Hotel.
Standard status Active
APN 224700820
Lot size 0.16 Acres

Additional Details

Currently Operating Yes

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 6040

Utilities

Heating system Zoned, Baseboard, Forced Air

Building Details

Year built 1910
Building materials Brick
Roof type Tar/Gravel, Rubber, Flat
Buildings 1
Listing Agency: RE/MAX Advantage Plus · RE/MAX International
Listed By: Lisa Skluzacek · License #20297140
Added: Nov 6 Changed: Nov 7 Last Checked: Nov 7 at 10:06AM
MLS# 7169933

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Built in 1910, this brick mixed-use building contains nearly 17,000 square feet on a 0.16-acre lot. The main floor includes an operating bar and a rentable party room. On the third level, the hotel has 12 guest rooms and a one-bedroom apartment; the fourth level has 10 additional rooms. An unfinished basement provides storage and utility space, and equipment, furniture, and fixtures are included in the sale.

The property occupies a corner in downtown Montgomery. Its configuration includes hospitality space, lodging, an apartment, and additional rooms, with potential for other uses subject to approvals.

Key Highlights

  • 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

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Monty Bar & Hotel Hotel & Motel ATM Atm

Suggested Use

Top Pick Law Firm Real Estate Agency Electrical Service Nail Salon Plumbing Service (Bike/Boat/Book/etc) Store

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

229
Businesses Nearby
16k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Casey's General Store Shops & Services
9,453 visits/mo 0.5 miles
Dollar General Shops & Services
5,489 visits/mo 0.3 miles
Napa Auto Parts Shops & Services
1,236 visits/mo 0.2 miles

Demographics for 56069, MN

4,837
Population
2,150
Households
2.2
Avg Household Size
40
Median Age
21%
College-Educated
96%
High-School Grad
71.2 sq mi
ZIP Area
68
Density / Sq Mi
$81,919
Median Household Income
$48,750
Median Earnings
$893
Median Rent
$254,900
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

Frequently Asked Questions

What type of property is this?
Mixed-use property - A bar, party room, hotel rooms, and an apartment occupy multiple levels of this downtown commercial property.
Where is this mixed-use property located?
The property is located at 222 1st Street S Montgomery, MN.
What is the asking price?
The asking price for this property is $539,900.
What are key features of this property?
This property features: 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
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