121 S Broadway, Pelican Rapids, MN 56572

Overview

Description

Established Floral Shop & Commercial Building – Turnkey Opportunity! A rare opportunity to own a well-established flower and gift shop with a loyal customer base and strong community presence—plus the option to purchase the building it operates from. “Petals From The Heart” is a successful business that has been serving the area for 12 years and is known for its quality arrangements, dependable service, and repeat clientele. Petals From The Heart is fully equipped and ready for a seamless transition, offering walk-in retail sales, special orders, weddings, funerals, holidays, corporate accounts, and more. Excellent visibility, consistent traffic, and an established reputation make this an ideal opportunity for an entrepreneur with a passion for florals looking to step into ownership or expand an existing operation. The commercial building is well-maintained and suited specifically for floral/gift shop operations, with functional workspace, retail display area, and storage spa ... (Read more)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: Yes
Waterfront Present: No
Year Built: 1914
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 1100
For Sale or Lease: For Sale
Acres: 0.07
Lot Dimensions: 25x134
Assessment Pending: Unknown
Garage Stalls: 0

Property Features

Accessible: None Air Conditioning: Central Air Basement: Full; Storage Space; Unfinished CMU Style: Business Opportunity Construction Status: Previously Owned Current Use: Retail Exterior: Brick/Stone; Wood Foundation: Poured Concrete Fuel: Natural Gas Heating: Forced Air Loan Terms: Cash; Conventional On Site Utilities: None Available Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Contingency: None
ListPrice: 190000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 121
Street Direction Prefix: S
Street Name: Broadway
Postal City: Pelican Rapids
County: Otter Tail
State: MN
Zip Code: 56572
Complex/Dev/Subdivision: Frazees 1st Add

Assessments

Tax With Assessments: 1414
Assessment Balance: 0

Basement

Foundation Dimensions: 22x50
Full: Yes
Storage Space: Yes
Unfinished: Yes

More Information

Building Information

Building Finished SqFt: 2200
Building SqFt: 3300

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 43
Section#: 27
Township#: 136

Sale Options

Sale Includes: Business Assets, Business, Fixture/Equipment, Inventory

Unit Details

Total Units: Yes

Office/Member Info

Association: LCAR

Location, Tax and Other Information

Legal Description: SECT-27 TWP-136 RANGE-043 FRAZEE'S ADDN LOT 14 BLK 10
Listing City: Pelican Rapids
Map Page: 999
Municipality: Pelican Rapids
School District: Pelican Rapids
School District Phone: 218-863-5910
Zip Plus 4: 9512
Property ID Number: 76000990450000
Tax Year: 2025
Tax Amount: 1244
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Established Floral Shop & Commercial Building – Turnkey Opportunity! A rare opportunity to own a well-established flower and gift shop with a loyal customer base and strong community presence—plus the option to purchase the building it operates from. “Petals From The Heart” is a successful business that has been serving the area for 12 years and is known for its quality arrangements, dependable service, and repeat clientele. Petals From The Heart is fully equipped and ready for a seamless transition, offering walk-in retail sales, special orders, weddings, funerals, holidays, corporate accounts, and more. Excellent visibility, consistent traffic, and an established reputation make this an ideal opportunity for an entrepreneur with a passion for florals looking to step into ownership or expand an existing operation. The commercial building is well-maintained and suited specifically for floral/gift shop operations, with functional workspace, retail display area, and storage space. Ownership of the building provides long-term stability and added investment value, though the business and building may be purchased together or separately, offering flexibility to buyers. Building is sold As-Is.
Directions: Located on Main Street/Hwy 59

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick/Stone: Yes
Wood: Yes

Foundation

Poured Concrete: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

On Site Utilities

None Available: Yes

CMU Style

Business Opportunity: Yes

Current Use

Retail: Yes

Loan Terms

Cash: Yes
Conventional: Yes