586 SW 1st St - Fast Food FOR SALE


Montevideo, MN 56265
$250,000 USD
314-562-1906
586 SW 1st St, Montevideo, MN for Sale
$250,000 USD
Fast Food - FOR SALE
1/1
null | Request Cap Rate

586 SW 1st St
Montevideo, MN 56265


HIGHLIGHTS

  • Positioned strategically at the 4-way signalized intersection off of Highway 212 and Highway 59
  • Includes drive-thru and dine in seating with a brand new roof fully replaced in July of 2024
  • The ±1.88 acre lot size accommodates ample parking and offers flexibility for redevelopment
  • Population of 6,478 and average household income of $83,100 within a 5-mile radius
  • Only fast food restaurant with a drive-thru on Montevideo’s historic 1st street known for its charm and sit down dining

OVERVIEW

Positioned strategically at the 4-way signalized intersection off of Highway 212 and Highway 59. Includes drive-thru and dine in seating with a brand new roof fully replaced in July of 2024. The ±1.88 acre lot size accommodates ample parking and offers flexibility for redevelopment. Population of 6,478 and average household income of $83,100 within a 5-mile radius. Only fast food restaurant with a drive-thru on Montevideo’s historic 1st street known for its charm and sit down dining. Less than a mile from Montevideo High School & Middle School, Fiesta City car racing track, and the newly constructed Minnesota Veterans Home which opened in 2024. 57,909 average monthly visits in 2024 within a half mile radius of the site.

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/SF

$76 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burger King

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.88 AC

LAND SF

81,893 SF

ZONING

C

APN/PARCEL ID

70-818-3183

ASK ABOUT THIS PROPERTY

Davis JohnsonMatthews Real Estate Investment ServicesMore Info
314-562-1906

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Davis JohnsonMatthews Real Estate Investment ServicesMore Info
314-562-1906

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.