116 First Street S Montgomery, MN 56069

$699,000
Active
estimated monthly payment
6 Beds  |  7 Baths  |  9,984 Sq Ft  |  Single Family  |  MLS # 6693306
estimated monthly payment Active
  • This historic building is located on 1st Street in Montgomery which is 45 minutes south of Minneapolis.
    This historic building is located on 1st Street in Montgomery which is 45 minutes south of Minneapolis.
  • The building has 3500+ square feet of commercial space on the main floor with two separate entrances.
    The building has 3500+ square feet of commercial space on the main floor with two separate entrances.
  • The building has 3500+ square feet of commercial space on the main floor with two separate entrances.
    The building has 3500+ square feet of commercial space on the main floor with two separate entrances.
  • In addition to the main building which is over 8600+ square feet combined, behind the building is a detached garage with a 550+sf apartment above a 800+sf garage that was added in 2021. The two buildings are connected by a maintenance-free deck.
    In addition to the main building which is over 8600+ square feet combined, behind the building is a detached garage with a 550+sf apartment above a 800+sf garage that was added in 2021. The two buildings are connected by a maintenance-free deck.
  • Stairs from the main level hallway and back entry lead up to the two-story 5000+sf residential space above which has so many potential uses. The sellers utilize this as their main residence as well as a retreat accommodations for the quilt shop.
    Stairs from the main level hallway and back entry lead up to the two-story 5000+sf residential space above which has so many potential uses. The sellers utilize this as their main residence as well as a retreat accommodations for the quilt shop.
  • The attractive kitchen has a combination of wood and enameled cabinetry with quartz counters, a tile backsplash and a pot filler.
    The attractive kitchen has a combination of wood and enameled cabinetry with quartz counters, a tile backsplash and a pot filler.
  • The kitchen includes a full suite of stainless steel appliances including a commercial size refrigerator. The wooden wall treatment in the stairway leading to the this level was made from the salvaged original wood floors.
    The kitchen includes a full suite of stainless steel appliances including a commercial size refrigerator. The wooden wall treatment in the stairway leading to the this level was made from the salvaged original wood floors.
  • There is a massive 9x5 island with pendant lighting for gathering around. Behind the refrigerator is a walk-in pantry.
    There is a massive 9x5 island with pendant lighting for gathering around. Behind the refrigerator is a walk-in pantry.
  • The entire space has original tin ceiling tiles, recessed lighting and engineered wood flooring. This 2018 renovation was completed with tremendous thought and detail in its' execution.
    The entire space has original tin ceiling tiles, recessed lighting and engineered wood flooring. This 2018 renovation was completed with tremendous thought and detail in its' execution.
  • The open area is used as a dining space with ability to accommodate a very large table or several smaller tables.
    The open area is used as a dining space with ability to accommodate a very large table or several smaller tables.
  • A view of the open main floor space that shows the two staircases which lead to the upper level.
    A view of the open main floor space that shows the two staircases which lead to the upper level.
  • The focal point of the room is the stone fireplace with gas logs. The neutral walls, tall ceilings and beautiful trims will be a great background to any future uses for this property.
    The focal point of the room is the stone fireplace with gas logs. The neutral walls, tall ceilings and beautiful trims will be a great background to any future uses for this property.
  • There are many potential uses for the upper level of the building including an event space, VRBO or bed and breakfast.
    There are many potential uses for the upper level of the building including an event space, VRBO or bed and breakfast.
  • The size of the spaces allows for multiple seating and use areas. The ceilings in this open area are 18-ft and 28-ft in the center skylight.
    The size of the spaces allows for multiple seating and use areas. The ceilings in this open area are 18-ft and 28-ft in the center skylight.
  • In addition to the original tin ceiling tiles, the ceiling is accented with original crown molding.
    In addition to the original tin ceiling tiles, the ceiling is accented with original crown molding.
  • The large windows have remotely controlled upscale Hunter Douglas Silhouette blinds.
    The large windows have remotely controlled upscale Hunter Douglas Silhouette blinds.
  • The corner of the space has been set up as a media room.
    The corner of the space has been set up as a media room.
  • This is the first bedroom on the main level. It has built-in maple shelving.
    This is the first bedroom on the main level. It has built-in maple shelving.
  • Adjacent is a 3/4 bath with an oversized shower.
    Adjacent is a 3/4 bath with an oversized shower.
  • The single door is for the elevator that serves all three floors of the property and cabinetry along the rear hallway provides additional storage. This hallways goes to the laundry room and doorway to the back deck.
    The single door is for the elevator that serves all three floors of the property and cabinetry along the rear hallway provides additional storage. This hallways goes to the laundry room and doorway to the back deck.
  • There is a laundry room with cabinetry for storage and folding.
    There is a laundry room with cabinetry for storage and folding.
  • The primary suite is a the front of the building with soaring windows, a private ensuite bath and walk-in closet.
    The primary suite is a the front of the building with soaring windows, a private ensuite bath and walk-in closet.
  • There is built-in bookcase and stairs lead to a private sitting area with a wet bar.
    There is built-in bookcase and stairs lead to a private sitting area with a wet bar.
  • The spacious private bath has a long vanity, separate water closet w/ pocket door, linen cabinet and walk-in closet. This room in particular shows off the beautiful maple cabinetry, trim and paneled doors that are throughout the home.
    The spacious private bath has a long vanity, separate water closet w/ pocket door, linen cabinet and walk-in closet. This room in particular shows off the beautiful maple cabinetry, trim and paneled doors that are throughout the home.
  • There is a 6-ft soaking tub w/ tile surround and a 5x4 custom tile shower.
    There is a 6-ft soaking tub w/ tile surround and a 5x4 custom tile shower.
  • This is the private sitting area for the primary suite. French doors open to the upper level hallway.
    This is the private sitting area for the primary suite. French doors open to the upper level hallway.
  • The upper level features another media area.
    The upper level features another media area.
  • Another view of the upper level media room.
    Another view of the upper level media room.
  • Right next to the media room is the elevator. This serves all floors of the building.
    Right next to the media room is the elevator. This serves all floors of the building.
  • This is the third bedroom in the property, the first on the upper level. You can see it is quite large with several beds in the room. It has a walk-in closet, ceiling fan and an ensuite bathroom.
    This is the third bedroom in the property, the first on the upper level. You can see it is quite large with several beds in the room. It has a walk-in closet, ceiling fan and an ensuite bathroom.
  • This bathroom has a long vanity and a tub/shower combination.
    This bathroom has a long vanity and a tub/shower combination.
  • This is the fourth bedroom (and second on the upper level). This room has a ceiling fan and reach-in closet.
    This is the fourth bedroom (and second on the upper level). This room has a ceiling fan and reach-in closet.
  • This 3/4 bathroom is accessed from the upper level hallway and located between two bedrooms.
    This 3/4 bathroom is accessed from the upper level hallway and located between two bedrooms.
  • And the fifth bedroom is a larger room that holds multiple beds and has a ceiling fan and reach-in closet.
    And the fifth bedroom is a larger room that holds multiple beds and has a ceiling fan and reach-in closet.
  • An exterior door from the main residential floor goes out to the small landing you see with stairs down to the maintenance-free deck.
    An exterior door from the main residential floor goes out to the small landing you see with stairs down to the maintenance-free deck.
  • This massive deck also connects to the one-bedroom apartment that is above the detached garage via the sliding doors to the far right in the photo.
    This massive deck also connects to the one-bedroom apartment that is above the detached garage via the sliding doors to the far right in the photo.
  • This the living area of the apartment. It is adorable and efficient with a gas fireplace, room for seating and a small breakfast table.
    This the living area of the apartment. It is adorable and efficient with a gas fireplace, room for seating and a small breakfast table.
  • Another view of the living area. You can see the doors to the bedroom and full bath.
    Another view of the living area. You can see the doors to the bedroom and full bath.
  • The kitchen has an electric stove and hood as well as a full-size refrigerator.
    The kitchen has an electric stove and hood as well as a full-size refrigerator.
  • The bedroom has a ceiling fan and reach-in closet.
    The bedroom has a ceiling fan and reach-in closet.
  • The full bath has a tub/shower combination and great storage.
    The full bath has a tub/shower combination and great storage.
  • The unit has its own washer and dryer hidden away.
    The unit has its own washer and dryer hidden away.
  • A wide view of the apartment. The stairway leading to the ground level separate entrance also has the wooden wall treatment made from the original wood floors of the main building.
    A wide view of the apartment. The stairway leading to the ground level separate entrance also has the wooden wall treatment made from the original wood floors of the main building.
  • This is the exterior of the detached garage with apartment above. A paver sidewalk/patio on side leads to stairs then into the main building. Above that you can see the door from the main residential floor to the deck that connects both buildings.
    This is the exterior of the detached garage with apartment above. A paver sidewalk/patio on side leads to stairs then into the main building. Above that you can see the door from the main residential floor to the deck that connects both buildings.
  • The garage has sheet rocked walls, a gas heater, a floor drain and epoxy finished floor.
    The garage has sheet rocked walls, a gas heater, a floor drain and epoxy finished floor.
  • The main retail space has 14-ft ceilings with the original tin ceiling tiles, recessed lighting, ceiling fans and laminate flooring. The front of the space has floor to ceiling windows facing the street.
    The main retail space has 14-ft ceilings with the original tin ceiling tiles, recessed lighting, ceiling fans and laminate flooring. The front of the space has floor to ceiling windows facing the street.
  • This room is off the main retail space and has 9-ft ceilings and recessed lighting with the laminate floors continuing throughout.
    This room is off the main retail space and has 9-ft ceilings and recessed lighting with the laminate floors continuing throughout.
  • The conference room/classroom with a kitchen is located of the main retail space.
    The conference room/classroom with a kitchen is located of the main retail space.
  • This room is off the main retail space and has 9-ft ceilings and recessed lighting with the laminate floors continuing throughout.
    This room is off the main retail space and has 9-ft ceilings and recessed lighting with the laminate floors continuing throughout.
  • At the front of the building, the right entrance opens to wide hallway which runs the length of the building to the backdoor. This room is off of that hallway and next to the classroom. These could be connected for a larger secondary tenant space.
    At the front of the building, the right entrance opens to wide hallway which runs the length of the building to the backdoor. This room is off of that hallway and next to the classroom. These could be connected for a larger secondary tenant space.
  • The classroom/conference room kitchen includes a range, full size refrigerator and abundant storage.
    The classroom/conference room kitchen includes a range, full size refrigerator and abundant storage.
  • photo-0072.jpg
    photo-0072.jpg
  • There are two restrooms with ceramic tile flooring.
    There are two restrooms with ceramic tile flooring.
  • Main Floor Commercial Space
    Main Floor Commercial Space
  • Floor 2: Main level for Primary Residential Space
    Floor 2: Main level for Primary Residential Space
  • Floor 3: Upper level for Primary Residential Space
    Floor 3: Upper level for Primary Residential Space
  • Detached Garage
    Detached Garage
  • Floor 2 of Detached Garage: One Bedroom Apartment
    Floor 2 of Detached Garage: One Bedroom Apartment
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About The Listing

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.


Listing courtesy of John M. Canny, RE/MAX Advantage Plus

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Property Details

Features

 
 
 
Property Type: Single Family
Status: Active
Contingency Type: None
Year Built: 1898
MLS #: 6693306
Bedrooms: 6
Square Feet: 9,984
Bathrooms (Full): 3
Price Per Square Foot: $70
Bathrooms (Half) : 2
Bathrooms (Three Quarters) : 2
Garage Spaces: 2
Parking Description: Detached, Concrete, Floor Drain, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage
Sewer Description: City Sewer - In Street
Air Conditioning Type: Central Air
Water: City Water - In Street
Heat Type: Forced Air
Basement: Crawl Space
Construction Description: Brick/Stone
Roof Description: Age Over 8 Years, Rubber
Days On Market (Continuous): 1
Disability Features: Accessible Elevator Installed, Door Lever Handles
Latest Update: 04/12/2025
List Date: 04/11/2025
Listing Agent ID: 502019993
Listing Office: RE/MAX Advantage Plus
Listing Office ID: 12007
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Dryer, Exhaust Fan, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer
Fireplace Features: Gas, Living Room, Other, Stone
Number of Fireplaces: 2
Lot Dimensions: 50x134
Lot Size: 0.15 Acres
School District: Tri-City United
Tax Year: 2024
Estimated Taxes: $5,646
Contingency Type: None
City: Montgomery
Zip: 56069
County: Le Sueur
Subdivision: City Of Montgomery
State: MN
Listing last updated: 04/12/25

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