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586 SW 1st Street, Montevideo, MN 56265

  • 3,760 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1979
  • Property Lot Size Icon1.88acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

This Prime Real Estate & Lease to Own opportunity is knocking! Open your door to ownership in a LEASE TO OWN w/ BUILD TO SUIT option available! Located on the busiest corner of Montevideo, at the 4-Way intersection of US Hwy 212, Hwy 7&59 and 1st Street, this 1.88 Acre property was home to a former quick serve restaurant with both dine-in and drive-up window service. The Owner & Developers of this property welcome the opportunity to work with you and your team in building & leasing your own quick serve business! Other leasing options and ideas are welcome as well. A gateway city to the Minnesota River Valley National Scenic Byway, Montevideo is home to almost 6500 residents; and a great many businesses and organizations that employ and serve not only our community, but surrounding communities in our four county area. Montevideo is also host to our brand new Veterans Home which opened in 2024; the Montevideo Army National Guard T.A.C.C.; the Chippewa County Health Hospital, Clinic, Fitness Center & Outreach Service; 5 Public Schools from Pre-School - High School, 10 Churches; the 18 Hole Rivercrest Golf Course; and seven industrial and manufacturing businesses; just to name a few! With an average of 15,000 cars on the move in Montevideo per day, you are in the driver's seat for this wonderful lease to own opportunity! Call today to schedule a showing and for more leasing information!

Listing Status:
Active
Listing Office:
Hughes Real Estate and Auction : 320-815-0460
MLS ID:
6690380
  • Basement: None
  • A/C: Central Air
  • Heating: Forced Air

This listing courtesy of Hughes Real Estate and Auction

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †

Location

Schools Nearby

S

Sanford Education Center

412 S 13th St, Montevideo, MN, 56265

Grades PK-KG

0.83 miles away

M

Montevideo Senior High School

1501 Williams Ave, Montevideo, MN, 56265

Grades 8-12

0.87 miles away

M

Montevideo Senior High School

1501 Williams Ave, Montevideo, MN, 56265

Grades 8-12

0.87 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.