20
See all 20 photos
$325,000
Est. payment /mo
7,492 Sqft Lot
Active
315 S Mill ST Fergus Falls, MN 56537
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Fergus Falls
MLS Listing ID 7083288
Year Built 1919
Annual Tax Amount $6,506
Tax Year 2025
Contingent None
Lot Size 7,492 Sqft
Lot Dimensions 50 x 150
Property Description
Positioned in the heart of Fergus Falls, this impressive 5400 sq ft office building offers a rare combination of immediate rental income and owner-occupancy potential. Currently configured with multiple office suites, the property is home to four established tenants, providing steady income from day one. An additional office suite-currently used as a law office-is available for lease or owner use, with the potential to be divided into office space for even greater income opportunities.
The available suite features excellent street visibility, large windows, and direct street access, making it ideal for professional services, legal, financial, or business offices seeking a prominent downtown presence.
There is ample parking surrounding the building, plus the convenience of a 3 stall attached garage. Whether your an investor seeking a solid income-producing property or a business owner looking for office space while offsetting expenses through tenant income, this property offers exceptional flexibility and value.
The available suite features excellent street visibility, large windows, and direct street access, making it ideal for professional services, legal, financial, or business offices seeking a prominent downtown presence.
There is ample parking surrounding the building, plus the convenience of a 3 stall attached garage. Whether your an investor seeking a solid income-producing property or a business owner looking for office space while offsetting expenses through tenant income, this property offers exceptional flexibility and value.
Location
State MN
County Otter Tail
Zoning Business/Commercial
Rooms
Basement None
Interior
Heating Heat Pump
Cooling Central Air
Inclusions Building, Land
Fireplace No
Exterior
Parking Features Attached Garage, Parking Lot
Garage Spaces 3.0
Utilities Available Electric Common
Roof Type Age Over 8 Years,Metal
Present Use Office,Professional Service
Building
Story One
Foundation 5400
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One
New Construction false
Schools
School District Fergus Falls
Listed by Steven Young • Weichert, Realtors - Paulson Land Co
NEARBY SCHOOLS & PROPERTIES
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Joseph Haj
Agent | License ID: ND: 10096, MN: 40616291