Date
Details
Price
Change
Source
7/01/2026
Listed
$325,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/8
$325,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/8
Property Description
Excellent opportunity to acquire a freestanding restaurant or commercial property in Montevideo, Minnesota. This well-positioned property offers outstanding visibility and convenient access along one of the towns busiest Highway intersections. The site features ample parking, drive-thru service, and a strong presence in the local retail trade area, making it an attractive opportunity for investors, owner-users, or redevelopment.
Full Property Details
Full Property Details for 586 SW 1st St
General
- Price: $325,000
- Taxes: $16,580 (2026)
- Status: Active
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 7101076
- Updated: 7/1/2026
- Added to Site: 2 day(s) ago
Parking
- Parking Features: Parking Lot, Paved Lot, Open
Location
- County: Chippewa
- Township: Montevideo
- Driving Directions: SE corner of HWY 212 and HWY 7
School Information
- School District: 129 - 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
- Water: City Water (Connected)
- Utility Description: Electric Common, Heating Common, Hot Water Common
Structural Information
- Foundation Size: 3760
- Roof: Asphalt, Flat
- Disability Access: Doors 36"+, Fully Wheelchair
- Square Feet: 3,760
- Finished Down/Base.: 3,760 Sq. Ft.
- Current Bldg. Use: Food Service, Restaurant, Vacant
- Year Built: 1979
Lot Features
- Lot Size (Acres): 1.876
- Lot Dimensions: 81718
- Frontage: City Street, Street Lights, Storm Sewer
- Zoning: Business/Commercial
- Lot Description: Corner Lot
Financial Considerations
- Tax Amount: $16,580
- Tax Year: 2026
- Terms: Contract for Deed, Conventional, Cash
Disclosures and Reports
- Legal Description: THAT PART OF LOT 58 IN SL 19 DESC AS BEG AT NW COR TH E 198.55 FT S 165 FT W 198.55 FT N 165 FT TO BEG CO RESUBD OF SUBLOTS 17, 18, 19, 22, 23, 24 & 25 ALSO THE S 1-2 OF SUBLOT 20 E OF HY 212 EX A TR COMM AT W MOST COR OF ABOVE TRACT TH N 49 DEG E AL SELY ROW LINE HWY 212 37 FT PT OF BEG TH S 37 DEG E 102 FT TH S 8 DEG E 78 FT TO NELY ROW LINE HWY 212 TH NWLY ALONG HWY TO BEG (FOR SERV RD)
- Inclusions: Building, Land
- Property ID: 708183183
Listed by Kuhlmann Real Estate, Inc.
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 586 SW 1st St —
Kuhlmann Real Estate, Inc.
NMLS#: 1598647
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 586 SW 1st St
School District:Montevideo Public School District
| Name | Grades | Distance |
|---|---|---|
Maria Sanford Elementary School 412 South 13th Street, Montevideo, MN 56265 | PK-K | 0.8 mi |
Montevideo Middle School 2001 William Avenue, Montevideo, MN 56265 | 4-7 | 1.1 mi |
Ramsey Elementary School, Montevideo, MN 501 Hamilton Avenue, Montevideo, MN 56265 | 1-3 | 1.5 mi |
Montevideo Senior High School 1501 William Avenue, Montevideo, MN 56265 | 8-12 | 0.8 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 586 SW 1st St
Tax History
Tax History for 586 SW 1st St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$16,640
27%
$479,500
—
2023
$13,154
-10%
$479,500
10%
2022
$14,648
-8%
$435,900
—
2021
$16,002
1%
$435,900
-3%
2021
$15,884
—
$450,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 586 SW 1st St
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 1Total Bath
- 1,094Sq. Ft.
Listed by Weichert REALTORS Tower Properties - Granite Falls
- Single Family
- Active
- Updated 14 hours ago
- 3Beds
- 2Total Baths
- 1,712Sq. Ft.
Listed by Weichert REALTORS Tower Properties - Granite Falls
- Single Family
- Active
- Updated 4 days ago
- 1Bed
- 1Total Bath
- 816Sq. Ft.
Listed by Fazendin REALTORS
- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 896Sq. Ft.
Listed by Weichert REALTORS Tower Properties
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Commercial
- Active
- Updated 3 days ago
- 4,718Sq. Ft.
- 18,536Acres
Listed by Weichert REALTORS Tower Properties - Granite Falls
- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 1Total Bath
- 1,126Sq. Ft.
Listed by Peterson Team Realty
- Single Family
- Active
- Updated 2 days ago
- 6Beds
- 2Total Baths
- 2,800Sq. Ft.
Listed by Peterson Team Realty
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,716Sq. Ft.
Listed by Compass
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Closed
- 3Beds
- 2Total Baths
- 2,684Sq. Ft.
Listed and Sold by Hughes Real Estate and Auction
- Single Family
- Closed
- 6Beds
- 4Total Baths
- 4,294Sq. Ft.
Listed by Weichert REALTORS Tower Properties
Sold by Peterson Team Realty
Sold by Peterson Team Realty
- Single Family
- Closed
- 3Beds
- 3Total Baths
- 1,788Sq. Ft.
Listed by Van Binsbergen & Associates LLC
Sold by Hughes Real Estate and Auction
Sold by Hughes Real Estate and Auction
- Single Family
- Closed
- 2Beds
- 2Total Baths
- 2,080Sq. Ft.
Listed by RE/MAX Results - Nisswa
Sold by Edina Realty, Inc.
Sold by Edina Realty, Inc.
586 SW 1st Street, Montevideo, MN 56265 (MLS# 7101076) is a Commercial property. 586 SW 1st Street is currently listed for $325,000 and was received on July 01, 2026. Want to learn more about 586 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.