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222 1st Street S, Montgomery, MN 56069

$539,900
SQUARE FEET 16,964
MLS# 7169933
  • 222 1st Street S, Montgomery, MN 56069 Main Photo

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STATUS: Active
PROPERTY TYPE: Commercial - Office
SUBDIVISION: City Of Montgomery
SCHOOL: Tri-City United

Property Description

Iconic Main Street Landmark- Incredible Investment Opportunity! Discover the historic Monty Bar & Hotel, prominently situated on a highly visible corner lot in the heart of downtown. This impressive brick commercial building offers nearly 17,000 sq ft of character, history and endless possibilities. The main level features a well established bar, proudly operated by the same owner for 41 years, along with spacious rentable party room, formerly a restaurant. A longtime community gathering place where friendships and memories have been made for generations. The third level offers a charming hotel with 12 guest rooms and one-bedroom apartment, capturing the warmth and nostalgia of yesteryear. The fourth level features 10 additional rooms awaiting TLC and a new vision. An unfinished basement provides abundant storage and utility space. Sale includes equipment, furniture and fixtures. Continue the legacy or explore exciting possibilities for apartments, condos, vacation rentals, retail or mixed-use development, subject to approvals. A rare opportunity to own a piece of Main Street history and bring new life to this treasured landmark.

222 1st Street S | MLS# 7169933

This commercial property located at 222 1st Street S, Montgomery, MN 56069 is currently listed for sale with an asking price of $539,900. 1st Street S is located within the Tri-City United school district. Search Montgomery real estate on www.counselorrealty.com today.

Property Features

Property Type: Commercial - Office
Basement: Yes
Fuel Type: Electric, Natural Gas
Heating: Baseboard, Forced Air, Zoned
Lot Size: 0.16 Acres
Roof Type: Age Over 8 Years, Flat, Rubber, Tar/Gravel
Stories: 3.0
Taxes: $6,040
Year Built: 1910

Feature Descriptions

Appliances: Water Softener Owned
Basement: Full, Unfinished
Current Use: Professional/Office, Commercial, Event Space, Hotel/Motel, Bar/Tavern
Days on Site: 8
Exterior: Brick
Foundation Size: 4412
Lot: Corner Lot
Lot Dimensions: 134x44
Parcel#: 224700820
Parking: Guest Parking, Parking Garage
Road Frontage: City Street, Curbs, Paved Streets, Sidewalks, Street Lights
Sale Includes: Building, Business, Fixture/Equipment, Land
Sewer: City Sewer/Connected
Units: 13
Utilities: Electric Common, Heating Common, Hot Water Common
Water: City Water/Connected

Local Schools

School District: Tri-City United

Listed By / Shown By

Listed By

Agency Name: RE/MAX Advantage Plus
Agency Phone: 952-758-4464

Shown By

Agency Title: Counselor Realty
Agency Phone: 612-405-8404

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