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$189,000

  • For Sale
  • Active
  • Commercial
  • 1,755 Sq. Ft.
  • 0.173 Acres
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Full Property Details for 551 SW 1st St

General

  • Price: $189,000
  • Taxes: $3,264 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6793833
  • Updated: 12/30/2025
  • Added to Site: 177 day(s) ago

Interior

  • Appliances: Electric Water Heater
  • Flooring: Vinyl

Parking

  • Parking Features: Gravel, Guest Parking, Parking Lot, Paved Lot

Location

  • County: Chippewa
  • Township: Montevideo
  • Subdivision: First Street
  • Driving Directions: 1/4 mile NE of Hwy 212 & 7

School Information

  • School District: 768 - Montevideo
  • High School District: Montevideo

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected, City Sewer in Street
  • Water: City Water (Connected), City Water (In-Street)
  • Utility Description: Electric Separate, Hot Water Separate

Structural Information

  • Exterior Const.: Block, Frame
  • Basement: Yes
  • Basement Desc.: Block, Storage Space, Unfinished
  • Foundation Size: 1755
  • Roof: Age 8 Years or Less
  • Ceiling Height: 8-10
  • Disability Access: Doors 36"+, Fully Wheelchair
  • Square Feet: 1,755
  • Finished Down/Base.: 1,755 Sq. Ft.
  • Current Bldg. Use: Professional Service
  • Year Built: 1948

Lot Features

  • Lot Size (Acres): 0.173
  • Lot Dimensions: Irregular
  • Potential Use: Office, Professional Service, Medical/Dental
  • Zoning: Business/Commercial
  • Lot Description: Irregular Lot

Financial Considerations

  • Tax Amount: $3,264
  • Tax Year: 2025
  • Terms: Conventional, Cash

Disclosures and Reports

  • 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
  • Inclusions: Building, Land
  • Property ID: 708183050

Listed by Van Binsbergen & Associates LLC

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Listing agent

— 551 SW 1st St —

  • Van Binsbergen & Associates LLC

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 551 SW 1st St

School District:Montevideo Public School District
NameGradesDistance
Maria Sanford Elementary School
412 South 13th Street, Montevideo, MN 56265
PK-K0.7 mi
Montevideo Middle School
2001 William Avenue, Montevideo, MN 56265
4-71 mi
Ramsey Elementary School, Montevideo, MN
501 Hamilton Avenue, Montevideo, MN 56265
1-31.4 mi
Montevideo Senior High School
1501 William Avenue, Montevideo, MN 56265
8-120.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 551 SW 1st St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/30/2025
Price Reduced
$189,000
-5.03%
MLS
9/23/2025
Listed
$199,000
28.39%
MLS
10/06/2017
Sold
$155,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 551 SW 1st St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,324
12%
$139,200
—
2023
$2,978
-10%
$139,200
4%
2022
$3,306
2%
$133,900
—
2021
$3,236
1%
$133,900
8%
2021
$3,216
—
$123,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Van Binsbergen & Associates LLC

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551 SW 1st Street, Montevideo, MN 56265 (MLS# 6793833) is a Commercial property. 551 SW 1st Street is currently listed for $189,000 and was received on September 23, 2025. Want to learn more about 551 SW 1st Street? Do you have questions about finding other Commercial real estate for sale in Montevideo? You can browse all Montevideo real estate or contact a Coldwell Banker agent to request more information.

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