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.
Well-maintained 1910 brick commercial building offering 4,608 sq ft across three levels, with a substantial update history and flexible layout suitable for a variety of business uses. Constructed of durable brick/stone, the property includes natural gas forced-air heat, central A/C, city water/sewer, and on-street parking. Major improvements include: 2025: All new LED lighting installed on all three levels 2023: New roof completed by West Central Roofing, Updated kitchen and back room on the upper level 2022: Main-floor bathroom, kitchenette, and storage area fully remodeled; CURE enrolled in Cooperative Energy Futures Solar Subscription 2020: Upper-level bathroom remodel 2018–2021: Front façade of building extensively remodeled 2013: Upper level rewired Currently used as office space, but the layout and zoning allow for multiple commercial possibilities. Located in the heart of downtown Montevideo with excellent visibility and easy access. A solid, updated commercial property with modern lighting, refreshed interiors, exterior improvements, and a solar subscription benefit already in place.
Exceptional opportunity for a business owner or investor seeking flexible commercial space with outstanding potential. This versatile property may be well suited for retail, office, warehouse, studio, or fitness use—offering the adaptability to bring a wide range of business concepts to life. With strong visibility, functional layout, and multi-use appeal, the building is designed to support either a single business operation or a combination of uses. Features include an attractive storefront, updated flooring, several private office areas, and a basement level that can serve as additional storage or warehouse space. Schedule your private showing today and explore the possibilities this dynamic property has to offer.
This commercial property located right in the middle of Downtown Montevideo features over 23,000 finished sqft spread amongst multiple levels. This property is ready for office space, retail, investment, various business opportunities, and more.
Flexible 14,041 sq ft commercial warehouse on a 1.89-acre site along State Road in Montevideo. Features a slab foundation, metal exterior/roof, attached 2-stall garage, and additional parking. Suitable for storage, light industrial, or future build-out. Building age is unknown; year built reflects the oldest inspection sticker found on site. Convenient access and strong visibility in a central location.
VACANT - Unique residential income property featuring 11 bedrooms with potential for a 12 bedroom, multiple shared bathrooms, and spacious common areas. Layout includes a shared kitchen and dining area, shared living and activity rooms, laundry room, office space, and ADA-accessible features including roll-in showers. Zoned R-2 Multi-Family Residential, offering potential for future reconfiguration or redevelopment, subject to city approvals. Not a traditional apartment building.
Rare opportunity to acquire a well-maintained 9-unit multifamily property featuring two separate buildings on one parcel. The main turn-of-the-century home offers seven units and retains much of its original historic charm, blending character with modern updates. A second building provides an additional two units, creating a versatile unit mix. Most units have been renovated, offering updated interiors while preserving classic architectural details. Property amenities include on-site coin laundry, a three-car garage, ample off-street parking, and a fenced yard with outdoor features. The property offers a strong 7% cap rate, making it an attractive option for investors seeking stable income. The combination of historic appeal, functional updates, and on-site amenities contributes to long-term value and broad rental appeal.
Imagine unlocking a dynamic business opportunity that ignites your entrepreneurial spirit. Are you ready to launch your venture or collaborate with a team to bring a shared vision to life? This exceptional space offers 4620 sq. ft. of possibilities, featuring 4 golf simulators and 4 axe throwing bays. Will you enhance the experience with food and beverage options? The kitchen area awaits your creative touch, inviting you to shape a vibrant hub of activity.
Welcome to the beautiful historic Fosnes building located right in the middle of Main Street in Montevideo, where the action is. This building has 2 finished offices on the main floor, and the possibility of another business or more office spaces downstairs with its own entry. The second floor was used historically as a dental office but now needs attention and some new vision. The main floor of this building is ready to meet your office needs. ALL NEW LED lighting was installed by Xcel Energy in 2025. The lower level may have been used as a garage in the past and possibly has steel enforcement that could make that happen again. Let’s look at ALL the possibilities!
Located in Montevideo's historical downtown, this quality 3,500 square foot office building has 3 rooms, each approximately 200 SF available for lease. Tenant/business can rent one or rent all 3 remaining. All utilities will be included in the cost of rent (gas, electric, water, trash and non-secure internet). Each office will have new freshly painted walls, updated lighting, carpet floor. They will share a common waiting area and have use to 2 bathrooms. Rent will be determined by number of rooms rented and term. Minimum of one year lease term.
Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

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Montevideo is located in Minnesota. Montevideo, Minnesota has a population of 5,360. Montevideo is less family-centric than the surrounding county with 23.01% of the households containing married families with children. The county average for households married with children is 28.8%.
The median household income in Montevideo, Minnesota is $53,410. The median household income for the surrounding county is $59,051 compared to the national median of $69,021. The median age of people living in Montevideo is 42.7 years.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 2.3 degrees. The average rainfall is approximately 27 inches per year, with 45.8 inches of snow per year.