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116 First Street S, 
Montgomery, MN 56069

$699,000


6

Beds


7

Baths


9,984

Sq Ft


Single Family

Pending

Listed by

John M. Canny

RE/MAX Advantage Plus

952-224-8800

Last updated:

May 7, 2025, 07:57 AM

MLS#

6693306

Source:

NSMLS

About This Home

116 First Street 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.

Home Facts

Single Family

7 Baths

6 Bedrooms

Built in 1898

Price Summary

699,000

$70 per Sq. Ft.

MLS #:

6693306

Last Updated:

May 7, 2025, 07:57 AM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

7

Full Bathrooms:

3

Interior

Living Area:

9,984 Sq. Ft.


Structure

Structure

Building Area:

9,162 Sq. Ft.

Year Built:

1898


Lot

Lot Size (Sq. Ft):

6,534


Finances & Disclosures

Finances

Price:

$699,000

Price per Sq. Ft:

$70 per Sq. Ft.

Source:NSMLS
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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