$699,000
For Sale

116 First Street S

Montgomery, MN 56069
9162 sqft | 6 beds | 5.5 baths | #6693306
Listing OfficeRE/MAX Advantage Plus
Browse 58 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Nearly 10,000sf building on the thoroughfare of 1st Street in Montgomery has been meticulously renovated throughout. The property has a 3500sf main level retail/commercial space with two separate front entrances. This level features original tin ceiling tiles, 14-ft ceilings, laminate flooring and contains a conference/classroom w/ full kitchen, multiple restrooms and an elevator that serves all floors of the building. The layout and rooms of the main floor would allow for easy configuration of two separate commercial spaces with minimal buildout. The second and third floors of the property were renovated in 2018 to create a stunning 5000+sf residence w/ 5bdrms and 4 baths that could be used as a condo-style primary residence, VRBO or event space. The thoughtful renovation kept many original architectural details with new finishes of the highest-level including quartz counters, wood and enameled cabinets in the kitchen, stainless steel appliances including a commercial refrigerator, wood floors and incredible maple built-ins, bathroom vanities and doors throughout. In 2021 a detached garage w/ a one-bedroom apartment above was added to the property. The apartment has a gas fireplace, full bath, complete kitchen, in-unit laundry and its own private entrance. The apartment is connected to the main floor of the residence via a large maintenance-free deck. The garage is sheet rocked with a gas heater, a floor drain and an epoxy floor. With multiple options for income and in particular because the renovations were completed at such a high level, this property is an incredible opportunity with many possibilities.

  • Property Details
      • AppliancesDryer, Exhaust Fan, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer
      • Parking FeaturesDetached, Concrete, Floor Drain, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage
      • RoofAge Over 8 Years, Rubber
      • Property SubtypeSingle Family Residence
      • Sewer InformationCity Sewer - In Street
      • Utility SourceCity Water - In Street
      • SubdivisionCity Of Montgomery
      • School DistrictTri-City United
      • CoolingCentral Air
      • Cooling FeaturesCentral Air
      • Basement DescriptionCrawl Space
      • HeatingForced Air
      • Property TypePurchase
      • CountyLe Sueur
      • MLS #6693306
      • MLS #6693306
      • Parking TypeGarage
      • Taxes Annual$5,646
      • Cost699000
      • Square Feet9162
      • Year Built1898
      • Bathrooms5.5
      • Parcel NumberTBD
      • Days on Market (Cumulative)11
      • Fireplaces2
      • Bedrooms6
      • Full Baths3
      • Half Baths2
      • 3/4 Baths2
      • Parking Spaces2
      • Basement1

Location

Deb RungeReal Estate Group
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