For Sale: Pelican Rapids MLS# 7035645
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Opportunity meets flexibility with this single level commercial office building ideally located just off Highway 108 and only blocks from downtown Pelican Rapids. Positioned on a generous 0.62 acre lot with ample parking and a low maintenance exterior, this property is designed to support a wide range of professional or service based businesses. The interior layout offers a shared entry that allows for two separate tenants or the ability to utilize the entire building for your own growing business. Unit 1 features a welcoming reception area, two private offices, and a conference room perfect for client meetings or team collaboration. Unit 2 offers its own reception area, two offices, and an expansive conference room ideal for larger meetings or presentations. With forced air heating and cooling for year round comfort, this versatile property creates an excellent opportunity for an owner occupant looking to establish or expand their business while generating additional income through leasing. Whether you are launching a new venture, expanding your footprint, or investing in commercial real estate, this Pelican Rapids location delivers flexibility, visibility, and long term potential.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$138,900
Property Type:
Commercial
City:
Pelican Rapids
Garage Spaces:
0
County:
Otter Tail
Year Built:
1969
State:
MN
Property Style:
1 Story
Zip Code:
56572
Subdivision Name:
Frazees 4th Add
Interior
Bedrooms:
0
Bathrooms:
0
Appliances Included:
Electric Water Heater
Basement Details:
Other
Exterior
Stories:
One
Garage Spaces:
0
Air Conditioning:
Central Air
Foundation Size:
1,664 ft2
Handicap Accessible:
No Stairs Internal
Road Responsibility:
Public Maintained Road
Heating System:
- Forced Air
- Heat Pump
Parking Features:
Parking Lot
Road Frontage:
City Street
Roof Details:
Asphalt
Lot & Land
Acres:
0.62
Geolocation:
46.569016, -96.076837
Inclusions:
Building, Land
Lot Dimensions:
227 x 119
Addl Parcels:
76000990506002, 76000990506003, 76000990507000
Zoning:
Business/Commercial
Schools
School District:
1952
District Phone:
2188635910
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$2,188
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,188
Units
Total Units:
2
Miscellaneous
Current Use:
Office
Fuel System:
Electric
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Keller Williams Realty Professionals.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.