$225,000

110 S 1st Street, Montevideo, MN 56265

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110 S 1st Street Montevideo MN 56265 6679431 image1
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$225,000

Courtesy: Edina Realty Listed by: Edina Realty

110 S 1st Street Montevideo, MN 56265

For Sale MLS# 6679431

5,000 sq ft Commercial

Courtesy: Edina Realty Listed by: Edina Realty

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Data current as of 30/03/2025 01:10:28

Details for 110 S 1st Street

MLS# 6679431

Description for 110 S 1st Street, Montevideo, MN, 56265


Here is a rare chance to own a piece of Montevideo’s history—Valentino’s Restaurant is ready for its next chapter. A cornerstone of the community for decades, this well-loved establishment is being sold as a fully equipped, operational restaurant space. From tables, booths, kitchen equipment, industrial mixers, even the glassware and flatware, right down to the bulk spices—it is a true turn-key opportunity for a restaurant operator or investor to re-open or reimagine the space. Spanning two attached buildings, the layout includes a main dining area in one of the buildings and a more open dining space with vaulted ceiling in the second, allowing for flexible use. The craftsmanship throughout reflects the work of Gabe Valentino, a skilled carpenter who did much of the woodwork by hand, adding warmth and character to the space. Beyond the restaurant, this property has a leased, finished apartment and a second unfinished unit that offers additional revenue potential. Recent improvements include a newer AC system and a roof membrane (to be installed). Whether you're an investor looking to add a revenue-generating property to your portfolio or a restaurateur eager to establish a presence in Montevideo, this is a turn-key opportunity worth exploring.

Listing Information


Property Type: Commercial, Business Opportunity

Status: Active

Bedrooms: 2

Bathrooms: 1

Lot Size: 0.06 Acres

Square Feet: 5,000 sq ft

Year Built: 1905

Foundation: 5,000 sq ft

Stories: 2 Stories

Subdivision: Frinks 1st Add

Number Of Units Total: 2

Current Use: Restaurant

County: Chippewa

Days On Market: 26

Construction Status: Previously Owned

School Information


District: 129 - Montevideo

Interior Features


Appliances: Range, Refrigerator

Flooring: Carpet,Floor Drains,Heavy Duty,Tile

Basement: Other

Doors/Windows: Display Window(s)

Accessibility: Doors 36+, Grab Bars In Bathroom, No Stairs Internal, Door Lever Handles

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Other Utilities: Electric Common,Heating Common,Hot Water Common

Cooling: Central

Heating: Natural Gas, Electric, Forced Air

Exterior / Lot Features


Open Parking: 2

Parking Description: More Parking Onsite for Fee, Assigned, On-Street Parking Only, Units Vary

Exterior: Brick/Stone

Roof: Tar/Gravel, Rubber

Lot Dimensions: 7500

Zoning: Business/Commercial

Additional Exterior/Lot Features: Land Inclusions - Building,Business Assets,Fixture/Equipment,Inventory, Road Frontage - City, Curbs, Sidewalks, Paved Streets, Street Lights, Storm Sewer

Unit Information


Unit 1 Actual Rent: 750

Unit 1 Baths Total: 1

Unit 1 Beds Total: 2

Driving Directions


From east MN-7, take the 1st St exit, turn left onto N 1st St, follow to address, building on left.

Financial Considerations


Tax/Property ID: 701651130

Tax Amount: 2968

Tax Year: 2024

HomeStead Description: Non-Homesteaded

Price Changes


$225,000 Original Price
$225,000 Current Price
$0 Total Change
Date Price Change
03/04/2025 11.30 AM $225,000
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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

Schools nearby 110 S 1st Street

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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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