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101 S 1st St 26,200 SF Vacant Office Building Montevideo, MN 56265 For Sale



INVESTMENT HIGHLIGHTS
- Flexible Floorplan
- Welcoming City Government
- Multiple Use Anticipated
EXECUTIVE SUMMARY
tenants, or for a total repurpose and possible redevelopment to multi-housing, senior-housing, or other residential use.
The City of Montevideo has indicated a favorable reception to different use scenarios.
This redevelopment opportunity offers an investor a chance to obtain a solid investment property at a very reasonable
price of $32 PSF.
PROPERTY FACTS
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Private Entrance to 1000 sq/ft office space that includes 5 offices and Reception area or an Meeting Room. Private access to Restrooms. Natural light, handicap access, lots of parking available. Rent: $750/m Security Deposit: $850 Owner pays utility taxes. Utilities are $100 per month. Total rent and utilities $850.
7,000 to 9,000 square feet of finished space. Perfect for office, school, banking, medical, accounting, light manufacturing, day care... Basement level has 3 private entrances and a drive through, 2 private bathrooms with an additional space to install showers if needed. Offers many amenities: full and very spacious kitchen, multiple private offices, spacious meeting rooms, 150 sq/ft walk-in safe with few hundred lockable lockers, tons of storage, secured phone room, secured server room and much more... Lots of parking available. Easy access to city park. Rent is $2500/m plus utilities. Actual space size and rent can be adjusted based on client's needs. Contact for details.
Rent is negotiable and discounts are available for higher square footage leased. 101 South First Street, Montevideo. Need space for your growing team and business? Looking for a prominent location to generate more traffic to your business? Don't want the expense of additional furniture? Office, Retail, Medical, Banking, Law, Accounting. Perfect for any business. Discover the OFFICE PLAZA on Main Street, Montevideo and find limitless possibilities! This property's square footage can be broken down to accommodate your business or team. This building features: 17,000 sq feet of Commercial Space. Fully furnished offices. Great Downtown Venue. High Traffic and Visual Location. Central Forced Air cooling. Heating: Forced Air, Hot Water. Heating Fuel Type: Natural Gas. City Water and Sewer Connection. Main Street Parking. City Parking lot in Rear. For more information please give Gal a call at 612-701-4436
Rent is negotiable, please contact for details. The second floor suite of 101 S 1st St is mostly a modern office space with seven private offices and multiple conference rooms. Perfect for medical, office, professional services and more. Owner Pays taxes. Renter pays utilities. Lot's of parking at the back of the building.
Rent is negotiable and discounts are available for higher square footage leased. 101 South First Street, Montevideo. Need space for your growing team and business? Looking for a prominent location to generate more traffic to your business? Don't want the expense of additional furniture? Office, Retail, Medical, Banking, Law, Accounting. Perfect for any business. Discover the OFFICE PLAZA on Main Street, Montevideo and find limitless possibilities! This property's square footage can be broken down to accommodate your business or team. This building features: 17,000 sq feet of Commercial Space. Fully furnished offices. Great Downtown Venue. High Traffic and Visual Location. Central Forced Air cooling. Heating: Forced Air, Hot Water. Heating Fuel Type: Natural Gas. City Water and Sewer Connection. Main Street Parking. City Parking lot in Rear. For more information please give Gal a call at 612-701-4436
| Space | Size | Space Use | Condition | Available |
| Basement | 1,000 SF | Office/Retail | - | Now |
| Basement-Ste Basement | 8,000 SF | Office/Retail | Full Build-Out | Now |
| 1st Floor | 11,000 SF | Office/Retail | Full Build-Out | Now |
| 2nd Fl-Ste 201 | 5,000 SF | Office/Retail | Full Build-Out | Now |
| Mezzanine | 1,200 SF | Office/Retail | Full Build-Out | Now |
Basement
| Size |
| 1,000 SF |
| Space Use |
| Office/Retail |
| Condition |
| - |
| Available |
| Now |
Basement-Ste Basement
| Size |
| 8,000 SF |
| Space Use |
| Office/Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size |
| 11,000 SF |
| Space Use |
| Office/Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 201
| Size |
| 5,000 SF |
| Space Use |
| Office/Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
Mezzanine
| Size |
| 1,200 SF |
| Space Use |
| Office/Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
Basement
| Size | 1,000 SF |
| Space Use | Office/Retail |
| Condition | - |
| Available | Now |
Private Entrance to 1000 sq/ft office space that includes 5 offices and Reception area or an Meeting Room. Private access to Restrooms. Natural light, handicap access, lots of parking available. Rent: $750/m Security Deposit: $850 Owner pays utility taxes. Utilities are $100 per month. Total rent and utilities $850.
Basement-Ste Basement
| Size | 8,000 SF |
| Space Use | Office/Retail |
| Condition | Full Build-Out |
| Available | Now |
7,000 to 9,000 square feet of finished space. Perfect for office, school, banking, medical, accounting, light manufacturing, day care... Basement level has 3 private entrances and a drive through, 2 private bathrooms with an additional space to install showers if needed. Offers many amenities: full and very spacious kitchen, multiple private offices, spacious meeting rooms, 150 sq/ft walk-in safe with few hundred lockable lockers, tons of storage, secured phone room, secured server room and much more... Lots of parking available. Easy access to city park. Rent is $2500/m plus utilities. Actual space size and rent can be adjusted based on client's needs. Contact for details.
1st Floor
| Size | 11,000 SF |
| Space Use | Office/Retail |
| Condition | Full Build-Out |
| Available | Now |
Rent is negotiable and discounts are available for higher square footage leased. 101 South First Street, Montevideo. Need space for your growing team and business? Looking for a prominent location to generate more traffic to your business? Don't want the expense of additional furniture? Office, Retail, Medical, Banking, Law, Accounting. Perfect for any business. Discover the OFFICE PLAZA on Main Street, Montevideo and find limitless possibilities! This property's square footage can be broken down to accommodate your business or team. This building features: 17,000 sq feet of Commercial Space. Fully furnished offices. Great Downtown Venue. High Traffic and Visual Location. Central Forced Air cooling. Heating: Forced Air, Hot Water. Heating Fuel Type: Natural Gas. City Water and Sewer Connection. Main Street Parking. City Parking lot in Rear. For more information please give Gal a call at 612-701-4436
2nd Fl-Ste 201
| Size | 5,000 SF |
| Space Use | Office/Retail |
| Condition | Full Build-Out |
| Available | Now |
Rent is negotiable, please contact for details. The second floor suite of 101 S 1st St is mostly a modern office space with seven private offices and multiple conference rooms. Perfect for medical, office, professional services and more. Owner Pays taxes. Renter pays utilities. Lot's of parking at the back of the building.
Mezzanine
| Size | 1,200 SF |
| Space Use | Office/Retail |
| Condition | Full Build-Out |
| Available | Now |
Rent is negotiable and discounts are available for higher square footage leased. 101 South First Street, Montevideo. Need space for your growing team and business? Looking for a prominent location to generate more traffic to your business? Don't want the expense of additional furniture? Office, Retail, Medical, Banking, Law, Accounting. Perfect for any business. Discover the OFFICE PLAZA on Main Street, Montevideo and find limitless possibilities! This property's square footage can be broken down to accommodate your business or team. This building features: 17,000 sq feet of Commercial Space. Fully furnished offices. Great Downtown Venue. High Traffic and Visual Location. Central Forced Air cooling. Heating: Forced Air, Hot Water. Heating Fuel Type: Natural Gas. City Water and Sewer Connection. Main Street Parking. City Parking lot in Rear. For more information please give Gal a call at 612-701-4436
PROPERTY TAXES
| Parcel Number | 70-818-1225 | Improvements Assessment | $168,500 |
| Land Assessment | $16,200 | Total Assessment | $184,700 |
PROPERTY TAXES
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101 S 1st St
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