Montgomery, MN
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    Montgomery, MN Restaurants for Sale

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    Le Center, MN New Prague, MN Lonsdale, MN
    Historic Hotel with Bar Establishment
    $549,900
    0.16 Acres

    Historic Hotel with Bar Establishment

    222 1st Street S, Montgomery, MN 56069

    Turn-key hotel with bar, restaurant, and rental rooms.

    • Turn‑key bar establishment with on & off sale license.
    • Former restaurant space suitable for a chef‑owned business or event center.
    • Second story includes a 1‑bedroom apartment and multiple hotel rooms for rent.
    • Prime downtown location on an airy corner lot.
    • Significant expansion potential with bonus space on the third story and a full basement.
    Updated: Mar 19
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Montgomery, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Historic Faribault Commercial Building
    $549,900
    11,000 SF

    Historic Faribault Commercial Building

    Historic 11,000+ sq ft building near downtown Faribault, MN.

    222 3rd NW Avenue, Faribault, MN 55021
    View details
    Iconic Downtown Building: Blank Slate
    $260,000
    0.08 Acres

    Iconic Downtown Building: Blank Slate

    Historic downtown building with storefront and residential income potential.

    313 Central Avenue N, Faribault, MN 55021
    View details
    Lakeside Hospitality Business Opportunity
    Contact for pricing
    6,056 SF

    Lakeside Hospitality Business Opportunity

    Thriving lakeside bar, grill, and entertainment venue for sale.

    805 Main St, Madison Lake, MN
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    Lakeside Hospitality Business Opportunity
    Contact for pricing
    3,000 SF

    Lakeside Hospitality Business Opportunity

    Thriving lakeside bar, grill, and entertainment venue with lodging.

    803 Main Street |, Madison Lake, MN 56063
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Land in Lakeville
    $1,120,000
    1.83 Acres

    Prime Commercial Land in Lakeville

    1.83 acre commercial land with high visibility in Lakeville.

    20830 Keokuk Avenue, Lakeville, MN 55044
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    Land For Sale
    $575,000

    Land For Sale

    Land available in front of Culvers at 5471 Credit River Road.

    1X Credit River Road, Prior Lake, MN 55372
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    Commercial Land Near Retail Hub
    Contact for pricing

    Commercial Land Near Retail Hub

    Land available in high-traffic area near major retailers.

    1780 Premier Drive, Mankato, MN 56001
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    Land Near Retail Centers
    Contact for pricing

    Land Near Retail Centers

    Land suitable for fast food or service businesses.

    1750 Premier Drive, Mankato, MN 56001
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    Montgomery, MN Restaurants Investment Opportunities Market Analysis

    Explore 1 restaurants for sale in Montgomery, MN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $549,900.

    Sale prices for restaurant properties in Montgomery, MN start at $549,900, averaging $549,900, and reaching up to $549,900 — 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

    Bars & Pubs 1

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

    Identify Montgomery submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    56069 $549.9K

    Taxes & Financing

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

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