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    Montgomery, MN
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    Montgomery, MN Storefront Properties for Sale

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    Le Sueur, MN Le Center, MN New Prague, MN Prior Lake, MN Lonsdale, MN Kilkenny, MN Webster, MN Faribault, MN
    Mixed-Use Property with 5 Apartments
    Updated: May 6
    Mixed-Use Property with 5 Apartments

    300 1st St S, Montgomery, MN 56069

    $374,900
    9.2% cap rate with the property fully occupied
    Five residential units: two 2‑bedroom, two 1‑bedroom, and one studio
    Separate commercial unit included in the mixed‑use building
    Detached garage provides additional functional space
    Fresh paint and new flooring completed in two residential units
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Montgomery, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

    Renovated Spa & Wellness Property
    Renovated Spa & Wellness Property

    25 S Park Ave, Le Center, MN 56057

    $110,000
    1,970 sqft

    Renovated commercial space includes fixtures suited to continued salon operations.

    View details
    Historic Mixed-Use Building
    Historic Mixed-Use Building

    313 Central Avenue N, Faribault, MN 55021

    $239,000

    Two-level downtown property with an open ground floor and unfinished upper level for future configuration.

    View details
    Historic Corner Mixed-Use Building
    Historic Corner Mixed-Use Building

    329 Central Ave N, Faribault, MN 55021

    $279,000

    Main-floor commercial space is paired with an upper level previously configured as two apartments.

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    Retail Space with Reception Area
    Retail Space with Reception Area

    422 W Cleveland Street, Le Center, MN 56057

    Contact for pricing

    Existing layout includes customer-facing retail space, reception space, and a half bath.

    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.

    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.

    View details

    Montgomery, MN Storefront Properties Market Trends and Statistics

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

    Sale prices for retail units in Montgomery, MN average $374,900 — 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

    Storefront properties 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%

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