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$145,000

  • For Sale
  • Active
  • Commercial
  • 5,400 Sq. Ft.
  • 0.13 Acres
See This Home
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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.

Full Property Details for 123 S Otter Ave

General

  • Price: $145,000
  • Taxes: $2,956 (2022)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6257640
  • Updated: 8/15/2024
  • Added to Site: 959 day(s) ago

Parking

  • Parking Features: On-Street Parking Only

Location

  • County: Otter Tail
  • Subdivision: Lakeview Add
  • Driving Directions: Hwy 29 Parkers Prairie

School Information

  • School District: 547 - Parkers Prairie
  • High School District: Parkers Prairie

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Forced Air
  • Heating Fuel: Electric, Propane

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Separate, Heating Separate

Structural Information

  • Exterior Const.: Brick/Stone
  • Basement: Yes
  • Basement Desc.: Full
  • Foundation Size: 3104
  • Roof: Flat, Tar/Gravel
  • Disability Access: No Stairs Internal
  • Square Feet: 5,400
  • Finished Down/Base.: 5,400 Sq. Ft.
  • Current Bldg. Use: Commercial, Other, Vacant
  • Year Built: 1904

Unit Information

  • Units w/Refrigerators: 3
  • Units w/Range/Oven: 3

Lot Features

  • Lot Size (Acres): 0.13
  • Lot Dimensions: 130 x 90
  • Frontage: City Street
  • Zoning: Business/Commercial

Financial Considerations

  • Tax Amount: $2,956
  • Tax Year: 2022
  • Owner Pays: Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Fuel, Janitorial Service
  • Pays Cable: Tenant Pays
  • Pays Electric: Tenant Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: SECT-15 TWP-131 RANGE-037 LAKEVIEW ADDN - PP S 20' OF 17 & ALL LOT 18 BLK 31
  • Inclusions: Building, Leases, Rental License
  • Property ID: 75000990270000

Listed by Northstar Lakes Realty

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— 123 S Otter Ave —

  • Northstar Lakes Realty

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 123 S Otter Ave

School District:Parkers Prairie Public School District
RatingNameGradesDistance
6
Parkers Prairie Elementary School
518 S McCornell Ave, Parkers Pr, MN 56361
K-60.3 mi
6
Parkers Prairie High School
411 S Otter Ave, Parkers Pr, MN 56361
7-120.2 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 123 S Otter Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/15/2024
Price Reduced
$145,000
-3.33%
MLS
8/07/2023
Price Reduced
$150,000
-14.29%
MLS
3/15/2023
Price Reduced
$175,000
-10.26%
MLS
9/06/2022
Listed
$195,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 123 S Otter Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,212
—
$115,900
-10%
2023
$3,212
9%
$128,800
19%
2022
$2,956
-2%
$108,000
2%
2020
$3,022
-15%
$105,500
-19%
2019
$3,562
11%
$130,800
11%
2018
$3,220
-8%
$117,400
1%
2017
$3,486
-3%
$116,300
-1%
2016
$3,612
-1%
$117,000
-4%
2015
$3,660
2%
$121,700
-1%
2014
$3,596
—
$122,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Northstar Lakes Realty

123 S Otter Avenue, Parkers Prairie, MN 56361 (MLS# 6257640) is a Commercial property. 123 S Otter Avenue is currently listed for $145,000 and was received on September 06, 2022. Want to learn more about 123 S Otter Avenue? Do you have questions about finding other Commercial real estate for sale in Parkers Prairie? You can browse all Parkers Prairie real estate or contact a Coldwell Banker agent to request more information.

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