$1 Auction | Former Burger King | Drive-Thru | 1.45 Acres | 8K VPD

$1 Starting Bid

Auctioneer: Col. Frank B., Imholte

Auctioneer Company: c/o Fisher Auction Company Inc.

Auctioneer License: 84-302

Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 586 SW 1st Street in Montevideo, Minnesota is a vacant ±3,300 SF former Burger King on ±1.45 acres, positioned for lease-up, owner-user occupancy, or adaptive reuse. Built in 1997, the freestanding restaurant includes an existing drive-thru lane and two access points connecting to SW 1st Street and US-212/Yellowstone Trail. The parcel sits near the signalized intersection and benefits from proximity to corridors carrying ±2,787 VPD on SW 1st Street and ±5,880 VPD on US-212. B-2 Highway Business zoning permits restaurants, retail sales and services, offices, convenience stores, grocery, auto sales and other highway-oriented commercial uses, supporting restaurant reuse, owner occupancy, lease-up or repositioning. Nearby demand generators include Fiesta City Speedway, Chippewa County Fairgrounds, USPS, downtown Montevideo and the local hospital. The three-mile trade area includes ±6,527 residents, ±$77,473 average household income and 5.73% population growth since 2020. Delivered vacant and free of leases, the Property offers buyers a flexible opportunity to acquire fee-simple commercial real estate at a market-driven basis.

Freestanding QSR with Repositioning Upside

±3,300 SF former Burger King on ±1.45 acres offers lease-up, owner-user, and reuse potential.

Existing Drive-Thru Enables Fast Reuse

Established circulation can reduce site work for another food-service or commercial concept.

Two Access Points Near Traffic Signal

US-212 carries ±5,880 VPD; SW 1st Street adds ±2,787 near major community destinations.

Highway Business District Allows Flexibility

B-2 permits restaurants, retail, offices, convenience stores, grocery and auto sales.

Opportunity Zone with Strong Demographics

Nearly 6,527 residents within three miles have average household income of approximately $77,473.

Absolute $1 Auction

First Bid Meets Reserve!