Restaurants

Montgomery, MN Restaurants for Sale

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Le Sueur, MN Le Center, MN New Prague, MN Prior Lake, MN Lonsdale, MN Kilkenny, MN Faribault, MN Webster, MN
Brick Mixed-Use Building
Updated: Nov 6
Brick Mixed-Use Building

222 1st Street S, Montgomery, MN 56069

$539,900
0.16 AC lot
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
Third level has 12 hotel guest rooms and a one‑bedroom apartment
Fourth level contains 10 additional rooms
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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1 active listing matches your search: Restaurant for sale in Montgomery, MN. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 land listings with development potential.

Opportunities in Nearby Cities

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

Restaurant and Bar with Patio
Restaurant and Bar with Patio

110 Railway Street NW, Lonsdale, MN 55046

$875,000
4,300 sqft

Dining and bar spaces come with fixtures and equipment; inventory is separate.

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Restaurant and Bar with Patio
Restaurant and Bar with Patio

110 Railway Street NW, Lonsdale, MN 55046

$875,000
0.84 AC lot

Dining and bar areas, outdoor seating, on-site parking, and an additional commercial building right are included.

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Mixed-Use Building with Restaurant
Mixed-Use Building with Restaurant

205 S Main St, Le Sueur, MN 56058

$370,000

Street-level dining space is paired with two updated apartments above.

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Mixed-Use Property with Restaurant
Mixed-Use Property with Restaurant

205 S Main Street, Le Sueur, MN 56058

$370,000
0.04 AC lot

Two updated one-bedroom apartments occupy the upper level above a fully equipped dining space.

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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.

Land For Sale
Land For Sale

1X Credit River Road, Prior Lake, MN 55372

$575,000

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

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Lakeville Commercial Land Parcel
Lakeville Commercial Land Parcel

199XX Idealic Ave, Lakeville, MN 55044

Contact for pricing
1.18 AC lot

1.18 acre commercial land in a growing area.

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Commercial Land Outlot
Commercial Land Outlot

Premier Drive, Mankato, MN 56001

$300,000
0.75 AC lot

Accessible commercial parcel positioned within an established retail setting near major highways and big-box shopping.

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Highway Business Commercial Land
Highway Business Commercial Land

Coneflower Lane, Mankato, MN 56001

$937,312
1.26 AC lot

Highway Business District zoning places this parcel near planned commercial and residential development.

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Montgomery, MN Restaurants Market Trends and Statistics

Explore 1 restaurants for sale in Montgomery, MN on our real estate platform.

Sale prices for restaurant properties in Montgomery, MN average $539,900 — 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

Commercial property segments ranked by active listings on the market

Bars & Pubs 1

Demographics Overview

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

Taxes & Financing

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

Listings Trend

New vs delisted commercial listings in Le Sueur County

New Delisted

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