$375,000
114 1st Ave S Perham, MN 56573
For Sale MLS# 6786413
2,555 sq ft Commercial
Details for 114 1st Ave S
MLS# 6786413
Description for 114 1st Ave S, Perham, MN, 56573
COMMERCIAL SPACE – DOWNTOWN PERHAM! Move-In Ready, Full of Character, and perfectly located in the Heart of Downtown Perham—just steps from Main Street.Spanning 2,555 SqFt, this Open-Concept Space is as Move-In-Ready as they come. Highlights include Hardwood Floors, Exposed Brick Walls, Large Display Windows, and 10-Foot Ceilings with beautifully Restored Pressed Tin Tiles.The layout features a Spacious Retail Area, Large Back Room, Private Office, and a Full Basement ideal for storage. Rear Alleyway Access provides added convenience for deliveries or staff entry.Whether you’re launching a new venture, relocating an existing business, or looking for a Turnkey Investment, this property offers Endless Possibilities in one of Minnesota’s most vibrant small-town settings.
Listing Information
Property Type: Commercial, Business Opportunity,Retail/Shopping Center
Status: Active
Bathrooms: 1
Lot Size: 0.06 Acres
Square Feet: 2,555 sq ft
Year Built: 1896
Foundation: 2,555 sq ft
Stories: 1 Story
Number Of Units Total: 1
Current Use: Commercial,Retail
County: Otter Tail
Days On Market: 138
Construction Status: Previously Owned
School Information
District: 549 - Perham-Dent
Interior Features
Appliances: Gas Water Heater
Flooring: Wood
Basement: Unfinished, Full, Storage Space
Doors/Windows: Insulated Windows, Display Window(s)
Accessibility: Other
Additional Interior Features: Ceiling Fan(s), Hardwood Floors
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Common,Heating Common,Hot Water Common
Cooling: Central
Heating: Natural Gas, Electric, Forced Air
Exterior / Lot Features
Parking Description: On-Street Parking Only
Exterior: Brick/Stone
Roof: Rubber
Lot Dimensions: 35 x 75
Zoning: Business/Commercial
Additional Exterior/Lot Features: Land Inclusions - Building,Fixture/Equipment,Land, Road Frontage - City, Street Lights, Sidewalks
Driving Directions
Head South on Main Street in Perham until 1st Ave, then turn right. The property will be the second building on the right side.
Financial Considerations
Tenant Pays: Cable T.V.,Electric,Gas,Maintenance/Repair,Sewer,Trash,Water
Owner Pays: Taxes
Gross Income: 18600
Expense: 3272
Tax/Property ID: 77000990085000
Tax Amount: 3170
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Jack Chivers Realty
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 114 1st Ave S
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 114 1st Ave S
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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