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54 NW 1st Street Pelican Rapids, MN $ 574,000
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$ 574,000 Get more info
54 NW 1st Street
$ 574,000
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54 NW 1st Street

Pelican Rapids, MN, 56572
$ 574,000
Bedrooms3 Baths3.1 Sq 5,844

Monthly Estimate*

$ 3,815

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Single Family Home for sale in Pelican Rapids, MN

for $574,000 with 3 bedrooms and 3 full baths, 1 half bath. This 5,844 square foot home was built in 1912 on a lot size of 0.07.

UPTOWN IN A SMALLTOWN - LUXURY LIVING ON THE RIVER! For the first time in Pelican Rapids history, a Modern-Industrial-Home-Design has been brought to lux life! This is a must see in person to appreciate. History preserved with tasteful wow factors around every corner. This recently renovated and immensely loved commercial property has been granted a Special Use Permit for residential living on the second level. Looking to diversify? Not only could this be your next dream home, but the mixed-use classification gives this property several income producing “could be” options for the next business entrepreneur; office space, riverside food and drink service, retail, large group entertaining, storage rental, or high-end VRBO with views, sounds, and private access to the Pelican River.

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Single Family Active

Price

$ 574,000

Bedrooms

3

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 3,940

Style

Single Family Residence

Lot Size

0.07

Year Built

1912

Town/City

Pelican Rapids

County/Region

Otter Tail

MLS | Web ID

6516401
Features
General
Sewer City Sewer/Connected
Heating Boiler Forced Air Fireplace(s) Radiant Floor
Cooling Central Air
Roof Rolled/Hot Mop
Appliances Air-To-Air Exchanger Dishwasher Dryer Exhaust Fan Gas Water Heater Microwave Range Refrigerator Stainless Steel Appliances Wall Oven Washer Water Softener Owned
HOA 0
Garage Spaces 0
Construction Materials Brick/Stone
Year Built 1912
View River
Levels Two
Property SubType Single Family Residence
Tax Year 2024
Waterfront Features River Front
Accessibility Doors 36 + Hallways 42 + Partially Wheelchair
Additional Parcels Description 76000990376000
County Otter Tail
New Construction N
Property Type Residential
HOA / Comm Assn N
Contingency None
Subdivision Name Frazees 1st Add
Directions In Pelican Rapids at 54 NW 1st St.
City Pelican Rapids
Buyer Agent Compensation 2.50
Body of Water Pelican River
High School District Pelican Rapids
Zoning Description Business/Commercial Other
Lot Size Units Acres
Lot Size Square Feet 3223.44
Waterfront Y/N Y
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 3940
Additional Parcels Y/N Y
Virtual Tour https://player.vimeo.com/video/932574309?badge=0&autopause=0&player_id=0&app_id=58479
Days on Market 70
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s) City View French Doors Kitchen Center Island Kitchen Window Primary Bedroom Walk-In Closet Main Floor Primary Bedroom Natural Woodwork Patio Paneled Doors Tile Floors Washer/Dryer Hook
Buyer Agent Compensation Type %
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Interior
Basement Other Partially Finished Storage Space
Total Fireplaces 1
Fireplace Features Brick
Basement (Y/N) Y
Fireplace Y/N Y
Above Grade Finished Area 5844
Full Baths 1
Half Baths 1
1/4 Baths 0
3/4 Baths 2
Total Bedrooms 3
Below Grade Finished Area 0
Room Type Living Room Kitchen Pantry (Walk-In) Dining Room Family Room Office Laundry Bedroom 1 Primary Bathroom Bedroom 2 Bathroom Bedroom 3 Bar/Wet Bar Room Storage
Total Baths 4
Bath Desc 3/4 Basement Bathroom Ensuite Full Primary Main Floor 1/2 Bath Main Floor 3/4 Bath Main Floor Full Bath Separate Tub & Shower
Dining Room Description Kitchen/Dining Room Living/Dining Room
Foundation Dimensions 104x26x16x20x83
Fuel Natural Gas
Lake Acres 0
Waterfront Feet 60
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Exterior
Fencing None
Parking Features Gravel Driveway - Other Surface
Lot Features Corner Lot Irregular Lot Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.07
Lot Dimensions Irregular
Foundation Area 8512
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 54
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* Excluded Features
List By
Re/Max Advantage Plus

Broker

MikeCarlsonJ330@gmail.com

Email

Affordability Calculator

$4,143
Per Month
92%
8%
0%
Monthly Principal & Interest
$3,815
Monthly Property Taxes
$328
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
THE TIME TO SELL IS NOW!
Nearby
3048281 Elementary School
3048280 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/18/2024$574,000 -4.17% Price Down
4/9/2024$599,000 Listed Price

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54 NW 1st Street, Pelican Rapids, MN, 56572 is a Single Family Home for sale at $574,000 with 5,844 sqft and a lot size of 0.07. 54 NW 1st Street has 3 bedrooms, 3.1 baths, and was built in 1912. The property's zip code is 56572 which is in Pelican Rapids, MN

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