424 E Mill Avenue, Pelican Rapids, MN 56572

Overview

Description

Opportunity meets flexibility with this single level commercial office building ideally located just off Highway 108 and only blocks from downtown Pelican Rapids. Positioned on a generous 0.62 acre lot with ample parking and a low maintenance exterior, this property is designed to support a wide range of professional or service based businesses. The interior layout offers a shared entry that allows for two separate tenants or the ability to utilize the entire building for your own growing business. Unit 1 features a welcoming reception area, two private offices, and a conference room perfect for client meetings or team collaboration. Unit 2 offers its own reception area, two offices, and an expansive conference room ideal for larger meetings or presentations. With forced air heating and cooling for year round comfort, this versatile property creates an excellent opportunity for an owner occupant looking to establish or expand their business while generating additional income through le ... (Read more)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: Yes
Other Parking Spaces: 6
Waterfront Present: No
Year Built: 1969
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 1664
For Sale or Lease: For Sale
Acres: 0.62
Lot Dimensions: 227x119
Assessment Pending: No
Garage Stalls: 0

Property Features

Accessible: No Stairs Internal Air Conditioning: Central Air Amenities Shared: Other Basement: Other CMU Style: Office Construction Status: Previously Owned Current Use: Office Exterior: Steel Siding Financing Terms: Conventional Foundation: Other Fuel: Electric Heating: Forced Air; Heat Pump Loan Terms: Cash; Conventional; FHA; Rural Development; USDA; VA Lock Box Type: SentriLock On Site Utilities: Electric Common; Heating Common Parking Characteristics: Parking Lot Potential Use: Office; Retail Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Asphalt Shingles Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Off Market Date: 2026-03-23
Closed Date: 2026-05-08
Sales Close Price: 136000
Contingency: None
ListPrice: 138900
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 424
Street Direction Prefix: E
Street Name: Mill
Street Suffix: Avenue
Postal City: Pelican Rapids
County: Otter Tail
State: MN
Zip Code: 56572
Complex/Dev/Subdivision: Frazees 4th Add

Additional Parcels Information

Property ID #2: 76000990506002
Property ID #3: 76000990506003,76000990507000

Assessments

Tax With Assessments: 2188
Assessment Balance: 0

More Information

Building Information

Building Finished SqFt: 1664

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: GLAR
SentriLock: Yes

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

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

Sale Options

Sale Includes: Building, Land

Unit 1

Unit Number: Yes
Total Rooms: 4
Level: Main Level
Leased?: No

Unit 2

Leased?: No
Level: Main Level
Total Rooms: 6
Unit Number: 2

Unit Details

Total Units: 2

Office/Member Info

Association: GLAR

Location, Tax and Other Information

Legal Description: See Attachment A - Lengthy Legal
Listing City: Pelican Rapids
Map Page: 999
Municipality: Pelican Rapids
School District: Pelican Rapids
School District Phone: 218-863-5910
Zip Plus 4: 2530
Property ID Number: 76000990506004
Tax Year: 2025
Tax Amount: 2188
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Opportunity meets flexibility with this single level commercial office building ideally located just off Highway 108 and only blocks from downtown Pelican Rapids. Positioned on a generous 0.62 acre lot with ample parking and a low maintenance exterior, this property is designed to support a wide range of professional or service based businesses. The interior layout offers a shared entry that allows for two separate tenants or the ability to utilize the entire building for your own growing business. Unit 1 features a welcoming reception area, two private offices, and a conference room perfect for client meetings or team collaboration. Unit 2 offers its own reception area, two offices, and an expansive conference room ideal for larger meetings or presentations. With forced air heating and cooling for year round comfort, this versatile property creates an excellent opportunity for an owner occupant looking to establish or expand their business while generating additional income through leasing. Whether you are launching a new venture, expanding your footprint, or investing in commercial real estate, this Pelican Rapids location delivers flexibility, visibility, and long term potential.
Directions: From the City of Pelican Rapids, head S on N Broadway. Turn E onto E Mill Ave straight to the property.

Accessible

No Stairs Internal: Yes

Air Conditioning

Central Air: Yes

Amenities Shared

Other: Yes

Basement

Other: Yes

Construction Status

Previously Owned: Yes

Exterior

Steel Siding: Yes

Financing Terms

Conventional: Yes

Foundation

Other: Yes

Fuel

Electric: Yes

Heating

Forced Air: Yes
Heat Pump: Yes

Parking Characteristics

Parking Lot: Yes

Road Frontage

City Street: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Asphalt Shingles: Yes

Sewer

City Sewer/Connected: Yes

Stories

One: Yes

Water

City Water/Connected: Yes

On Site Utilities

Electric Common: Yes
Heating Common: Yes

CMU Style

Office: Yes

Current Use

Office: Yes

Loan Terms

Cash: Yes
Conventional: Yes
FHA: Yes
Rural Development: Yes
USDA: Yes
VA: Yes

Potential Use

Office: Yes
Retail: Yes