123 S Otter Avenue Parkers Prairie, MN 56361
For Sale MLS# 6257640
5,400 sq ftCommercial
Details for 123 S Otter Avenue
MLS# 6257640
Description for 123 S Otter Avenue, Parkers Prairie, MN, 56361
Here's a chance to own a large building and have your mortgage nearly paid for with 3 rental units on upper level. All units are currently rented. Building would be great for retail or whatever the heart desires. Things just got better for this unit. Owner says due to a water line leak they had Service Master in and remove all floor coverings, a wall that didn't need to be there. Everything needed for a new owner to complete a remodel. ($30000.00 worth of cleanup) All remaining fixtures and appliances from cafe have been removed.
Listing Information
Property Type: Commercial, Apartments and Retail
Status: Active
Bedrooms: 5
Bathrooms: 3
Lot Size: 0.13 Acres
Square Feet: 5,400 sq ft
Year Built: 1904
Foundation: 3,104 sq ft
Stories: 2 Stories
Subdivision: Lakeview Add
Number Of Units Total: 3
Current Use: Commercial,Other,Vacant
County: Otter Tail
Days On Market: 596
Construction Status: Previously Owned
School Information
District: 547 - Parkers Prairie
Interior Features
Basement: Full
Accessibility: No Stairs Internal
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Separate,Heating Separate
Cooling: Window
Heating: Propane, Forced Air, Electric
Exterior / Lot Features
Open Parking: 1
Parking Description: On-Street Parking Only, Garage Door Height - 0, Garage Door Width - 0, Garage Sq Ft - 0.00
Exterior: Brick/Stone
Roof: Flat, Tar/Gravel
Lot Dimensions: 130x90
Zoning: Business/Commercial
Additional Exterior/Lot Features: Land Inclusions - Building,Leases,Rental License, Road Frontage - City
Unit Information
Unit 1 Actual Rent: 500
Unit 1 Baths Total: 1
Unit 1 Beds Total: 2
Unit 2 Actual Rent: 500
Unit 2 Baths Total: 1
Unit 2 Beds Total: 2
Unit 3 Actual Rent: 450
Unit 3 Baths Total: 1
Unit 3 Beds Total: 1
Driving Directions
Hwy 29 Parkers Prairie
Financial Considerations
Tenant Pays: Broadband,Cable T.V.,Electric,Fuel,Janitorial
Owner Pays: Taxes,Trash,Water/Sewer
Gross Income: 17400
Tax/Property ID: 75000990270000
Tax Amount: 2956
Tax Year: 2022
HomeStead Description: Non-Homesteaded
Buyer Broker Compensation: 2.50%
Facilitator Compensation: 2.50%
Price Changes
| Date | Price | Change |
|---|---|---|
| 03/15/2024 10.25 AM | $145,000 | -$5,000 |
| 08/07/2023 03.47 PM | $150,000 | -$25,000 |
| 03/15/2023 04.23 PM | $175,000 | -$20,000 |
| 09/07/2022 02.31 PM | $195,000 |
A broker reciprocity listing courtesy: Northstar Lakes 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.
Copyright 2024 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
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Sales History & Tax Summary for 123 S Otter Avenue
Sales History
| Date | Price | Change |
|---|---|---|
| Currently not available. | ||
Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
|---|---|---|
| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.
Schools
Schools nearby 123 S Otter Avenue
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Data powered by ATTOM Data Solutions. Copyright© 2024. 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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