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

Highlights:

• 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!

Description:

View details and diligence materials on RI Marketplace:
https://rimarketplace.com/auction/3489/retail/montevideo/mn?utm_source=brevitas&utm_medium=listing_paid&utm_campaign=november18_2026&utm_content=retail_3489

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.

Location
Montevideo is a western Minnesota regional service center positioned near US-212, US-59 and MN-7. The Property is convenient to downtown, USPS, the local hospital, Chippewa County Fairgrounds and Fiesta City Speedway, supporting daily and event-driven demand. The three-mile trade area includes ±6,527 residents with an average household income of ±$77,473.


Bidding Opens
Nov 17 1:00 AM
Bidding Closes
Nov 19 1:00 AM

Documents: