$148,500
40 2nd Street NW Pelican Rapids, MN 56572
For Sale MLS# 6651071
2,050 sq ft Commercial
Details for 40 2nd Street NW
MLS# 6651071
Description for 40 2nd Street NW, Pelican Rapids, MN, 56572
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.
Listing Information
Property Type: Commercial, Business Opportunity
Status: Active
Bathrooms: 1
Lot Size: 0.50 Acres
Square Feet: 2,050 sq ft
Year Built: 1950
Foundation: 2,050 sq ft
Garage: Yes
Subdivision: Frazees 1st Add
Number Of Units Total: 2
Current Use: Vacant
County: Otter Tail
Days On Market: 255
Construction Status: Previously Owned
School Information
District: 548 - Pelican Rapids
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Common
Heating: Baseboard, Electric, Forced Air, Natural Gas, Wood, Wood Stove
Exterior / Lot Features
Garage Spaces: 8
Open Parking: 10
Parking Description: gravel lot, Multiple Garages, Shared Garage/Stall, Garage Dimensions - 60x35, Garage Sq Ft - 2100.
Exterior: Metal
Lot Dimensions: 150x150
Zoning: Business/Commercial
Additional Exterior/Lot Features: Land Inclusions - Building,Fixture/Equipment,Land
Driving Directions
From Highway 108 West, turn South on 2nd Street NW, Property is half a block down on your right.
Financial Considerations
Tax/Property ID: 76000270038001
Tax Amount: 1372
Tax Year: 2024
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: HomeSmart Adventure 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 40 2nd Street NW
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 40 2nd Street NW
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Data powered by ATTOM Data Solutions. Copyright© 2025. 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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