For Sale: Montevideo MLS# 6679431
Active
$225,000
Commercial: Business Opportunity
Built 1905
0.06 acres
Montevideo schools
MLS# 6679431
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Property Description
Here is a rare chance to own a piece of Montevideoâ??s historyâ??Valentinoâ??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 spicesâ??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
Listing Status:
Active
Contingency:
None
List Price:
$225,000
Property Type:
Commercial
City:
Montevideo
Garage Spaces:
0
County:
Chippewa
Year Built:
1905
State:
MN
Property Style:
Business Opportunity
Zip Code:
56265
Subdivision Name:
Frinks 1st Add
Interior
Appliances Included:
- Range
- Refrigerator
Basement Details:
Other
Exterior
Stories:
Two
Garage Spaces:
0
Other Parking Spaces:
2
Air Conditioning:
Central Air
Foundation Size:
5,000 ft2
Handicap Accessible:
Doors 36"+, Grab Bars In Bathroom, Door Lever Handles, No Stairs Internal
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Assigned
- More Parking Onsite for Fee
- On-Street Parking Only
- Units Vary
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- Storm Sewer
- Street Lights
Exterior Material:
Brick/Stone
Roof Details:
- Rubber
- Tar/Gravel
Lot & Land
Acres:
0.06
Geolocation:
44.945167, -95.72387
Inclusions:
Building, Business Assets, Fixture/Equipment, Inventory
Lot Dimensions:
7500
Addl Parcels:
701651125
Zoning:
Business/Commercial
Schools
School District:
129
District Phone:
320-269-8833
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$2,968
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,968
Units
Total Units:
2
Miscellaneous
Current Use:
Restaurant
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Edina Realty.
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.