Date
Details
Price
Change
Source
5/08/2026
Listed
$900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
5200 square foot, professionally designed office and retail building, in high traffic location in downtown Fergus Falls. 100% occupied by two national tenants since early 2000. Interior space is like new, in good condition. Built in 2002. Ample paved and concrete parking. Corner lot with 179' of frontage on Lincoln Ave with traffic of over 14,000 cars a day. Utilities and real estate taxes paid by tenant. Attractive gross income. Owner is a licensed real estate agent.
Full Property Details
Full Property Details for 405 W Lincoln Ave
General
- Price: $900,000
- Taxes: $22,371 (2026)
- Status: Active
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 7069582
- Updated: 5/8/2026
- Added to Site: 2 day(s) ago
Interior
- Appliances: Electric Water Heater, Microwave, Refrigerator
- Flooring: Carpet, Concrete Slab, Tile
Rooms
Bathrooms
- Total Bathrooms: 4
Parking
- Parking Features: Asphalt, Parking Lot, Paved Lot
Location
- County: Otter Tail
- Township: Fergus Falls
- Driving Directions: 405 W Lincoln Ave, Fergus Falls, MN 56537
School Information
- School District: 544 - Fergus Falls
- High School District: Fergus Falls
Heating & Cooling
- Cooling Type: Heat Pump
- Heating Type: Forced Air, Heat Pump
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
- Utility Description: Electric Separate, Heating Separate, Hot Water Separate
Structural Information
- Exterior Const.: Block, Stone
- Basement: Yes
- Foundation Size: 5200
- Roof: Age Over 8 Years, Asphalt, Pitched
- Ceiling Height: 8-10
- Disability Access: Doors 36"+, Grab Bars In Bathroom, Hallways 42"+, No Stairs Internal
- Square Feet: 5,200
- Finished Down/Base.: 5,200 Sq. Ft.
- Current Bldg. Use: Professional Service, Retail
- Year Built: 2002
Unit Information
- Units w/Refrigerators: 1
Lot Features
- Lot Size (Acres): 0.339
- Lot Dimensions: 179 x 142
- Frontage: City Street, Curbs, Paved Streets, Sidewalks
- Potential Use: Office, Professional Service, Retail, Income, Medical/Dental
- Zoning: Business/Commercial
- Lot Description: Corner Lot
Financial Considerations
- Tax Amount: $22,371
- Tax Year: 2026
- Terms: Conventional, Cash
- Owner Pays: Exterior Maintenance, Management, Roof Maintenance
- Tenant Pays: All Utilities, Exterior Maintenance, Heat, HVAC Maintenance, Insurance, Janitorial Service, Lawn Care, Maintenance, Pest Control, Sewer, Snow Removal, Taxes, Trash Collection, Water
- Pays Heat: Tenant Pays
- Pays Trash: Tenant Pays
- Pays Water: Tenant Pays
Disclosures and Reports
- Legal Description: SECT-34 TWP-133 RANGE-043 ORIGINAL PLAT-FERGUS FALLS LOTS 2 & E 29' OF LOT 3 BLK 23 /// ORIGINAL PLAT-FERGUS FALLS LOT 1 BLK 23
- Inclusions: Building, Land, Leases
- Property ID: 71003990322000
Listed by Century 21 Atwood
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Listing agent
— 405 W Lincoln Ave —
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NMLS#: 1598647
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Schools
Schools serving 405 W Lincoln Ave
School District:Fergus Falls Public School District
| Name | Grades | Distance |
|---|---|---|
McKinley Elementary School, Fergus Falls, MN 724 West Laurel Street, Fergus Falls, MN 56537 | PK-K | 0.5 mi |
Adams Elementary School, Fergus Falls, MN 301 West Bancroft Avenue, Fergus Falls, MN 56537 | 1-2 | 0.6 mi |
Cleveland Elementary School, Fergus Falls, MN 919 Northern Avenue, Fergus Falls, MN 56537 | 3-5 | 0.8 mi |
iQ Academy Minnesota 340 Friberg Avenue, Fergus Falls, MN 56537 | K-12 | 0.7 mi |
Kennedy High School 601 Randolph Avenue, Fergus Falls, MN 56537 | 6-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 405 W Lincoln Ave
Tax History
Tax History for 405 W Lincoln Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$17,790
11%
$684,400
3%
2023
$16,016
—
$665,800
12%
2023
$16,016
—
$592,400
-10%
2023
$16,016
-7%
$658,200
15%
2022
$17,238
-7%
$570,300
-2%
2020
$18,514
-3%
$583,000
-1%
2019
$19,004
—
$590,000
—
2018
$18,918
-2%
$590,200
2%
2017
$19,212
-4%
$578,800
-2%
2016
$19,964
1%
$593,000
—
2015
$19,812
2%
$590,300
-2%
2014
$19,448
—
$602,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 405 W Lincoln Ave
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405 W Lincoln Avenue, Fergus Falls, MN 56537 (MLS# 7069582) is a Commercial property. 405 W Lincoln Avenue is currently listed for $900,000 and was received on May 08, 2026. Want to learn more about 405 W Lincoln Avenue? Do you have questions about finding other Commercial real estate for sale in Fergus Falls? You can browse all Fergus Falls real estate or contact a Coldwell Banker agent to request more information.