For Sale: Montgomery MLS# 7039594
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Property Description
Realize your dreams in this beautiful historical Hotel, oozing with character and charm. Turn key bar establishment, with off sale. Besides the bar, main floor also has a former restaurant, now housing an upholstery shop and rent-able party room. Could be used as an event center with rooms for rent above?
Second story with 1 bedroom apartment and many hotel rooms for rent. Lots of transom windows, wide hallways and high ceilings. Third story and full basement, for an abundance of space -just waiting for your ideas. The possibilities are endless... Create condos, use for a VRBO, restaurant, event center, , , - Whatever you imagine. Airy corner lot, in the heart of downtown. You will fall in love with this historic gem. Make your dreams a reality.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$549,900
Property Type:
Commercial
City:
Montgomery
Garage Spaces:
0
County:
Le Sueur
Year Built:
1910
State:
MN
Property Style:
Other
Zip Code:
56069
Subdivision Name:
City Of Montgomery
Interior
Flooring:
Carpet, Vinyl
Basement Details:
- Full
- Storage Space
- Unfinished
Exterior
Stories:
Three Or More
Garage Spaces:
0
Air Conditioning:
Central Air
Foundation Size:
4,032 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Guest Parking
Road Frontage:
City Street
Roof Details:
Age Over 8 Years
Lot & Land
Acres:
0.16
Geolocation:
44.436791, -93.581511
Inclusions:
Building, Business, Fixture/Equipment, Land
Lot Dimensions:
134 x 52
Zoning:
Business/Commercial
Lot Description:
Corner Lot
Farm
Topography:
Level
Schools
School District:
1313
District Phone:
5073648100
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$5,206
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,206
Units
Total Units:
6
Miscellaneous
Current Use:
- Bar/Tavern
- Event Space
- Hotel/Motel
Fuel System:
- Electric
- Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Separate
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Keller Williams Preferred Rlty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.