Contacts
Mike Bobick, CCIM
SVN | GC Real Estate
Property Details
- Property Type Multi-Family
- Property Size 5,800 SF
- Units 10
- Parking Spaces Avail. 17
- Property Tenancy Multi-Tenant
- Year Built 1980
- Date Updated Jun 8, 2026
Located in a quiet residential area of Montevideo, Minnesota, the property sits within an established neighborhood with convenient access to local services, schools, and employment centers. The site offers a residential setting suitable for shared-living or specialty housing uses, with paved parking and easy access from Lincoln Avenue. The surrounding area consists primarily of residential properties, supporting long-term residential demand and stable neighborhood use.Offered for sale (Vacant) is a 5,800 SF residential income property currently configured as a shared-living / group-home style residence. The building features 10 bedrooms with potential for 11–12 bedrooms, multiple shared bathrooms, and extensive common areas including shared kitchens, dining space, living and activity rooms, laundry facilities, and office space.
The property includes ADA-accessible features such as grab bars, a handicap tub, and roll-in shower. Zoned R-2 Multi-Family Residential, the property offers future redevelopment or reconfiguration potential, subject to city approvals. This is not a traditional apartment building and does not contain individual dwelling units.
Ideal for specialty housing operators, shared-living concepts, workforce housing, or investors seeking a value-add or redevelopment opportunity.
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Highlights
- 10 bedrooms with potential for 11–12 bedrooms (buyer to verify)
- 5,800 SF residential building on approximately 0.58 acres
- ADA-accessible features including roll-in shower and handicap tub
- City water and sewer
- Common laundry room
- Forced-air heat; natural gas
- Multiple shared bathrooms
- Office space that may be convertible to a bedroom
- On-site paved parking
- Redevelopment or conversion potential subject to municipal approvals
- Shared kitchens and dining area
- Shared living room and activity/common space
- Suitable for shared-living, group home, or specialty residential use
- Zoned R-2 Multi-Family Residential
Attachments
Getting around
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37/100
Walk Score ®
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39/100
Bike Score ®
Powered by Walk Score ®
Location
- City Montevideo, MN
- Zip Code 56265
Points of Interest
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Casey's General Store
0.71 miles
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Airport
1.68 miles
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Parking Lot, Bergo WMA
4.38 miles
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Gravel Parking Lot, Lac qui Parle WMA, Main Unit
6.78 miles
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Parking Lot, Sween WMA
7.20 miles
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Parking Lot, Byholt Marsh WMA, South
7.23 miles
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Parking Lot, Numo WMA
7.26 miles
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Parking Lot, Tunsberg WMA
8.10 miles
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Walmart Supercenter
0.80 miles
Contact Listing Broker
Mike Bobick, CCIM
SVN | GC Real Estate