414 N Broadway Pelican Rapids, MN ^$ 97,500

414 N Broadway

^$ 97,500

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414 N Broadway

Pelican Rapids, MN, 56572

^$ 97,500

Studio Baths0.0 Sq 896

Monthly Estimate*

^$ 681

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Studio

Commercial Property for sale in Pelican Rapids, MN

for $97,500. This 896 square foot building was built in 1960 on a lot size of 0.25.

Prime Pelican Rapids commercial storefront! Take your business imagination and bring it to this brick and mortar location. Located right on the main drag on Broadway, this location has great visibility! New steel roof 2023. This commercial space is ready for your new business adventure.

Commercial Active

Price

^$ 97,500

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 1,000

Style

Lot Size

0.25

Year Built

1960

Town/City

Pelican Rapids

County/Region

Otter Tail

MLS | Web ID

6458237

Features

General

Sewer City Sewer/Connected

Heating Space Heater

Cooling Central Air

Utilities Electric Common Heating Common Hot Water Common

Roof Metal

Garage Spaces 1

Construction Materials Aluminum Siding Brick/Stone

Year Built 1960

Levels One

Tax Year 2023

Current Use Commercial Retail

Accessibility Other

County Otter Tail

Property Type Commercial Sale

Contingency None

Subdivision Name Muellers Add

Possible Use Professional Service Retail Service Station Diversified Investment

Directions From downtown Pelican Rapids head N on Broadway until 5th Ave NE. The Property will be on your left.

City Pelican Rapids

Buyer Agent Compensation 2.50

High School District Pelican Rapids

Zoning Description Business/Commercial

Total Units 1

Street Name Broadway

Land Lease Y/N N

Tax Annual Amount 1000

Additional Parcels Y/N N

Days on Market 107

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Exterior

Parking Features Attached Garage Gravel Gravel More Parking Onsite for Fee

Water Source City Water/Connected

Inclusions Building

Lot Size Area 0.25

Building Area Total 896

Lot Dimensions 75*150

Lot Size Units Acres

Foundation Area 896

Road Frontage Type City Street Paved Streets

Road Responsibility Public Maintained Road

Interior

Basement (Y/N) N

Foundation Dimensions 28*32

Fuel Electric

Garage Dimensions 28x32

Garage Square Feet 896

Internal Only

Street Number 1 414

* Excluded Features

List By

Jack Chivers Realty

Broker

scott@jackchiversrealty.com

Affordability Calculator

$764

Per Month

Monthly Principal & Interest: $681
Monthly Property Taxes: $83
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly 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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Nearby

Trends
Schools

Commerical listings in Pelican Rapids, MN

Average List Price ^$403,833

Percent of Sale Price 314%

About Pelican Rapids, MN

2,403 Population

-5% Since 2002

^$42,711 Median Income

36.12 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3048281 Elementary School

3048280 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/23/2024	$97,500	-2.40%	Price Down
11/10/2023	$99,900		Listed Price

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414 N Broadway, Pelican Rapids, MN, 56572 is a Commercial Property for sale at $97,500 with 896 sqft and a lot size of 0.25. 414 N Broadway is a studio with 0.0 baths and was built in 1960. The property's zip code is 56572 which is in Pelican Rapids, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/28/2024.

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414 N Broadway

Commercial Property for sale in Pelican Rapids, MN

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