551 SW 1st Street, Montevideo, MN 56265

New Listing
$175,000
Property Type: Commercial Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $175,000 List Date: 6/03/2026 Last Modified: 6/03/2026

Overview

Listing Details MLS# 7085777

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
10
Owner Occupied
Yes
Waterfront Present
No
Year Built
1948
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
1755
For Sale or Lease
For Sale
Acres
0.17
Lot Dimensions
Irregular
Assessment Pending
No
Garage Stalls
0

Property Features

Accessible: Doors 36"+; Fully Wheelchair Air Conditioning: Central Air Assumable Loan: Not Assumable Basement: Concrete Block; Storage Space; Unfinished CMU Style: Business Opportunity; Freestanding; Office Construction Materials: Block; Frame Construction Status: Previously Owned Current Use: Professional Service Existing Financing: Conventional Exterior: Other Fencing: None Flooring: Vinyl/Linoleum Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Loan Terms: Cash; Conventional Lot Description: Irregular Lot On Site Utilities: Electric Separate; Hot Water Separate Parking Characteristics: Parking Lot; Gravel Lot; Paved Lot Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less Sewer: City Sewer - In Street; City Sewer/Connected Stories: One Wall Description: Drywall; Finished Water: City Water - In Street; City Water/Connected

Contract Information

Contingency
None
ListPrice
175000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
551
Street Direction Prefix
SW
Street Name
1st
Street Suffix
Street
Postal City
Montevideo
County
Chippewa
State
MN
Zip Code
56265
Complex/Dev/Subdivision
First Street

Assessments

Assessment Balance
60
Tax With Assessments
3324

Basement

Foundation Dimensions
39x45
Concrete Block
Yes
Storage Space
Yes
Unfinished
Yes

More Information

Building Information

Building Finished SqFt
1755
Building SqFt
1755
Ceiling Height
8-10

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
40
Section#
18
Township#
117

Sale Options

Sale Includes
Building, Land

Unit Details

Total Units
Yes

Office/Member Info

Association
WCAR

Location, Tax and Other Information

Legal Description
THAT PART OF LOTS 47, 48 & 50 IN SUBLOT 17 CO RESUBD OF SUBLOTS 17,18,19,22,23,24 & 25 LYI NG S OF NLY LINE OF FOLLOWING TRACT THAT PART OF LOTS 47 & 50 IN SUBLOT 17 DESC AS COMM AT SE COR LOT 50 TH N 0 DEG 9 MIN 45 SEC W ASSU MED BEARING ALONG W LINE LOT 48 66 FT TO NW C OR LOT 48 THAT POINT BEING POINT OF BEG OF TR ACT TO BE DESC TH S 89 DEG 50 MIN 15 SEC W AL ONG NLY LINE OF AN EXISTING TRACT 37.76 FT TO A POINT ON ELY ROW OF MCCLAY ST TH ALONG A NO NTANGENTIAL CURVE CONCAVE TO THE W ALONG SAID ROW HAVING AN ARC LENGTH OF 23.03 FT RADIUS OF 411.15 FT CHROD BEARING OF N 2 DEG 39 MIN 31 SEC E TO A POINT ON A LINE PARALLEL & 23 F T DISTANT NLY OF NLY LINE OF EXTENSION THEREO F OF LOT 48 TH N 89 DEG 50 MIN 15 SEC E ALONG SAID PARALLEL LINE
Listing City
Montevideo
Map Page
999
Municipality
Montevideo
School District
Montevideo
School District Phone
320-269-8833
Zip Plus 4
2199
Property ID Number
708183050
Tax Year
2025
Tax Amount
3264
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Directions
1/4 mile NE of Hwy 212 & 7

Accessible

Doors 36"+
Yes
Fully Wheelchair
Yes

Air Conditioning

Central Air
Yes

Assumable Loan

Not Assumable
Yes

Construction Materials

Block
Yes
Frame
Yes

Construction Status

Previously Owned
Yes

Existing Financing

Conventional
Yes

Exterior

Other
Yes

Fencing

None
Yes

Flooring

Vinyl/Linoleum
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Lot Description

Irregular Lot
Yes

Parking Characteristics

Garage Dimensions
No
Parking Lot
Yes
Gravel Lot
Yes
Paved Lot
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age 8 Years or Less
Yes

Sewer

City Sewer - In Street
Yes
City Sewer/Connected
Yes

Stories

One
Yes

Wall Description

Drywall
Yes
Finished
Yes

Water

City Water - In Street
Yes
City Water/Connected
Yes

No. of Ranges

None
Yes

No. of Refrigerators

None
Yes

On Site Utilities

Electric Separate
Yes
Hot Water Separate
Yes

CMU Style

Business Opportunity
Yes
Freestanding
Yes
Office
Yes

Current Use

Professional Service
Yes

Loan Terms

Cash
Yes
Conventional
Yes
IDX
Listing Office: Van Binsbergen & Associates LLC
Last Updated: June - 03 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.