116 First St S Montgomery, MN 56069
Property details
About 116 First St S
Nearly 10,000sf building on the thoroughfare of 1st Street in Montgomery has been meticulously renovated throughout. The property has a 3500sf main level retail/commercial space with two separate front entrances. This level features original tin ceiling tiles, 14-ft ceilings, laminate flooring and contains a conference/classroom w/ full kitchen, multiple restrooms and an elevator that serves all floors of the building. The layout and rooms of the main floor would allow for easy configuration of two separate commercial spaces with minimal buildout. The second and third floors of the property were renovated in 2018 to create a stunning 5000+sf residence w/ 5bdrms and 4 baths that could be used as a condo-style primary residence, VRBO or event space. The thoughtful renovation kept many original architectural details with new finishes of the highest-level including quartz counters, wood and enameled cabinets in the kitchen, stainless steel appliances including a commercial refrigerator, wood floors and incredible maple built-ins, bathroom vanities and doors throughout. In 2021 a detached garage w/ a one-bedroom apartment above was added to the property. The apartment has a gas fireplace, full bath, complete kitchen, in-unit laundry and its own private entrance. The apartment is connected to the main floor of the residence via a large maintenance-free deck. The garage is sheet rocked with a gas heater, a floor drain and an epoxy floor. With multiple options for income and in particular because the renovations were completed at such a high level, this property is an incredible opportunity with many possibilities.
Highlights
Summary
- MLS Number: 6693306
- MLS Name: NORTHSTAR
- Office Name: RE/MAX Advantage Plus
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$699,000
116 First St S
$8,301
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Price information
Property sales
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Nearby schools
5
Lonsdale Elementary School
Public District EE-6
7.2 mi
•1000 Idaho St SW
6
Raven Stream Elementary
Public District KG-5
7.3 mi
•300 11th Ave NW
6
Falcon Ridge Elementary
Public District KG-5
8.0 mi
•1200 Columbus Ave N
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $48,802. Most Montgomery, MN residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
Pro Wrestling
NASCAR
Where do the neighbors shop?
Wal-Mart
Academy Sports & Outdoors
Bass Pro Shops
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Ram
Chevrolet
Dodge
What do the neighbors listen to?
Classic Country
New Country- Country
Frequently asked questions
About 116 First St S
This home is located at 116 First St S in Montgomery, MN and zip code 56069. This 9,984 square foot home was built in 1898. Features: 6 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since April 11, 2025 and is currently priced at $699,000.
Over 1 listings were sold over their listed price in March 2025 in Montgomery, MN. In the same period over 1 listings were sold below the listed price and 1 listings were sold for the listed price. The number of listings in Montgomery, MN increased by 44.4% between February and March 2025. Listings spent 22 days on the market in March 2025, and had a median list price of $282,400 during the same period.