40 2nd Street NW, Pelican Rapids, MN 56572 - Photo 1

1/1

$120,000

Sold
Closed
Lots/Land
0.5 Acres

1/1

Property Description

Commercial property featuring two heated buildings (60x35 and 31x31) along with one cold storage building. Previously utilized as welding and mechanic shops, this versatile space offers endless potential for various uses. Featuring garage space for eight or more vehicles at a time. An office and half bathroom are located in the main/largest building. This space is currently equipped with a natural gas furnace, and a wood burning stove, providing options for your heat source. Additionally, there is ample space on this generous half-acre lot to potentially add another building.

Full Property Details

Full Property Details for 40 2nd St NW

General

Sold For: $120,000
Taxes: $1,404 (2025)
Status: Closed
Type: Lots/Land
Source: NorthStarMLS_RMLS
MLS ID: 7053685
Added to Site: 180 day(s) ago

School Information

School District: 548 - Pelican Rapids
High School District: Pelican Rapids

Utilities

Utility Description: Electricity Available, Electricity Connected, Underground Utilities Available, Water Available, Water Connected

Financial Considerations

Tax Amount: $1,404
Tax Year: 2025
Terms: Contract for Deed, Conventional, Cash

Disclosures and Reports

Legal Description: SECT-27 TWP-136 RANGE-043 PT N1/2 NW1/4 SEC 27 COM NW COR LOT 6 BLK 3 FRAZEES 1ST ADDN W 66' S 150' TO BG S 150' W 150' N 150' E 150' TO BG
CC&Rs: Yes
Restrictions: Open
Property ID: 76000270038001

Listed by HomeSmart Adventure Realty
Sold by Park Co., REALTORSÂ®

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— 40 2nd St NW —

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Schools

Schools serving 40 2nd St NW

School District:Pelican Rapids Public School District

Name	Grades	Distance
Viking Elementary School, Pelican Rapids, MN 1 Viking Trail, Pelican Rapids, MN 56572	PK-6	0.6 mi
Pelican Rapids Secondary 310 South Broadway, Pelican Rapids, MN 56572	7-12	0.4 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 40 2nd St NW

Date

Details

Price

Change

Source

9/09/2026

Sold

$120,000

-13.36%

MLS

4/12/2026

Listed

$138,500

—

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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Total Baths
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Beds
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Total Baths
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Total Baths
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Just Listed

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Single Family
Active
Updated 12 hours ago

3
Beds
4
Total Baths
1,865
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Price Reduced

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$199,900

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Single Family
Active
Updated 11 hours ago

3
Beds
2
Total Baths
1,692
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Price Reduced

-$100 (-0.05%)

$184,900

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Single Family
Active
Updated 1 day ago

2
Beds
1
Total Bath
979
Sq. Ft.

Listed by Vision Realty

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Price Reduced

-$6,500 (-2.63%)

$241,000

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Single Family
Active
Updated 2 days ago

3
Beds
2
Total Baths
2,688
Sq. Ft.

Listed by The Real Estate Company of Detroit Lakes

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Price Reduced

-$16,000 (-5.08%)

$299,000

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Single Family
Active
Updated 3 days ago

5
Beds
2
Total Baths
2,251
Sq. Ft.

Listed by Cormorant Realty

424 E Mill Ave, Pelican Rapids, MN 56572 - Photo 1

Sold

$136,000

424 E Mill Ave Pelican Rapids, MN 56572

Commercial
Closed

0.62
Acres

Listed by Keller Williams Realty Professionals
Sold by Park Co., Realtors

313 3rd St SE, Pelican Rapids, MN 56572 - Photo 1

Sold

$115,000

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Single Family
Closed

2
Beds
1
Total Bath
1,408
Sq. Ft.

Listed and Sold by Realty Xperts

211 5th St SE, Pelican Rapids, MN 56572 - Photo 1

Sold

$105,000

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Single Family
Closed

2
Beds
1
Total Bath
944
Sq. Ft.

Listed by Realty Xperts
Sold by Action Realty of Detroit Lakes

17159 State Hwy 108, Pelican Rapids, MN 56572 - Photo 1

Sold

$120,000

17159 State Hwy 108 Pelican Rapids, MN 56572

Single Family
Closed

4
Beds
3
Total Baths
1,766
Sq. Ft.

Listed by Gallery of Homes
Sold by Keller Williams Realty Professionals

40 2nd Street NW, Pelican Rapids, MN 56572 (MLS# 7053685) is a Lots/Land property that was sold at $120,000 on September 09, 2026. Want to learn more about 40 2nd Street NW? Do you have questions about finding other Lots/Land real estate for sale in Pelican Rapids? You can browse all Pelican Rapids real estate or contact a Coldwell Banker agent to request more information.

40 2nd St NW Pelican Rapids, MN 56572