Office Building with Shared Waiting
For Sale
Contact for pricing
416 N 1st Street, Montevideo, MN 56265
Commercial Sale, Montevideo, MN
Property SizeContact for details
Lot Size0.28 Acres
Days on Market689
Property Features for 416 N 1st Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Business/Commercial
Parking features
Parking Lot, Driveway
Accessibility
Accessible Approach with Ramp
Subdivision
Original
High school district
Montevideo
Directions
Located on the North end of downtown Montevideo at the intersection of N 1st Street and Canton Avenue.
Standard status
Active
APN
703751470
Lot size
0.28 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
3242
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1979
Building materials
Brick
Listing Agency:
Weichert REALTORS Tower Properties
(320) 262-7787
Listed By:
Joleen Marczak
(218) 821-9726
Added: Nov 19, 2024
Changed: Oct 8
Last Checked: Oct 9 at 9:06PM
MLS# 6632579
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.
Investment Insights
Based on property information with market context.
This 3,500-square-foot brick office building contains three rooms of approximately 200 SF each available for lease. Occupants share a waiting area and have access to two bathrooms. The offices are slated for fresh paint, updated lighting, and carpet flooring; forced-air heating and central air serve the building.
Set in Montevideo’s historic downtown, the property includes a parking lot and driveway, along with ramp access. Gas, electric, water, trash service, and non-secure internet are included in the rent. Rooms may be leased individually or together, with a minimum lease term of one year.
Set in Montevideo’s historic downtown, the property includes a parking lot and driveway, along with ramp access. Gas, electric, water, trash service, and non-secure internet are included in the rent. Rooms may be leased individually or together, with a minimum lease term of one year.
Key Highlights
- 3,500‑square‑foot brick office building
- Three available office rooms, approximately 200 SF each
- Shared waiting area and access to 2 bathrooms
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
315
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Three individual office rooms are available, with shared restrooms and utilities included in the rent.
Where is this office building located?
The property is located at 416 N 1st Street Montevideo, MN.
What are key features of this property?
This property features: 3,500‑square‑foot brick office building; Three available office rooms, approximately 200 SF each; Shared waiting area and access to 2 bathrooms
