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123 S Otter Avenue Parkers Prairie, MN $ 145,000
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$ 145,000 Get more info
123 S Otter Avenue
$ 145,000
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123 S Otter Avenue

Parkers Prairie, MN, 56361
$ 145,000
Baths0.0 Sq 5,400

Monthly Estimate*

$ 1,013

123 S Otter Avenue, Parkers Prairie, MN 56361 - Image 1
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Studio

Commercial Property for sale in Parkers Prairie, MN

for $145,000. This 5,400 square foot building was built in 1904 on a lot size of 0.13.

Here's a chance to own a large building and have your mortgage nearly paid for with 3 rental units on upper level. All units are currently rented. Building would be great for retail or whatever the heart desires. Things just got better for this unit. Owner says due to a water line leak they had Service Master in and remove all floor coverings, a wall that didn't need to be there. Everything needed for a new owner to complete a remodel. ($30000.00 worth of cleanup) All remaining fixtures and appliances from cafe have been removed.

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Commercial Active

Price

$ 145,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,956

Style

Mixed Use

Lot Size

0.13

Year Built

1904

Town/City

Parkers Prairie

County/Region

Otter Tail

MLS | Web ID

6257640
Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Window Unit(s)
Utilities Electric Separate Heating Separate
Roof Flat Tar/Gravel
Garage Spaces 0
Construction Materials Brick/Stone
Year Built 1904
Tenant Pays Cable TV Electricity Fuel Janitorial Service
Levels Two
Property SubType Mixed Use
Tax Year 2022
Current Use Commercial Other Vacant
Gross Income 17400
Accessibility No Stairs Internal
County Otter Tail
Net Operating Income 15000
Property Type Commercial Sale
Contingency None
Subdivision Name Lakeview Add
Directions Hwy 29 Parkers Prairie
City Parkers Prairie
Buyer Agent Compensation 2.50
Land Lease Amount 0
High School District Parkers Prairie
Zoning Description Business/Commercial
Total Units 3
Street Name Otter
Land Lease Y/N N
Tax Annual Amount 2956
Additional Parcels Y/N N
Days on Market 556
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Full
Basement (Y/N) Y
Street Suffix Avenue
Fuel Electric Propane
Garage Door Width 0
Garage Square Feet 0
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Exterior
Parking Features On-Street Parking Only
Water Source City Water/Connected
Inclusions Building Leases Rental License
Lot Size Area 0.13
Building Area Total 5400
Lot Dimensions 130x90
Lot Size Units Acres
Foundation Area 3104
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 123
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* Excluded Features
List By
Northstar Lakes Realty

Broker

don@nslrealty.com

Email

Affordability Calculator

$1,259
Per Month
80%
20%
0%
Monthly Principal & Interest
$1,013
Monthly Property Taxes
$246
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
708301 Elementary School
708936 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/15/2024$145,000 -3.33% Price Down
8/7/2023$150,000 -14.29% Price Down
3/15/2023$175,000 -10.26% Price Down
9/7/2022$195,000 Listed Price

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123 S Otter Avenue, Parkers Prairie, MN, 56361 is a Commercial Property for sale at $145,000 with 5,400 sqft and a lot size of 0.13. 123 S Otter Avenue is a studio with 0.0 baths and was built in 1904. The property's zip code is 56361 which is in Parkers Prairie, MN

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