123 South Otter Avenue

Parkers Prairie, MN 56361

$145,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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.
  1. Listed by Northstar Lakes Realty

Property Details for 123 South Otter Avenue

Subdivision Name
Lakeview Add
Zoning Jurisdiction
Business/Commercial

Location

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LISTING UPDATED: 03/15/2024 10:16 AM

Property Details for 123 South Otter Avenue

StatusActive
MLS #6257640
Days on Compass614
Taxes$2,956 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1904
Lot Size0.13 AC / 5,662 SF
CountyOtter Tail County

Location

Listing Courtesy of Northstar Lakes Realty
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Building Information for 123 South Otter Avenue

Stories-Residences3Year Built1904Lot Size0.13 AC / 5,662 SF

Payment Calculator

$1,038 per month

30 year fixed, 7.25% Interest

Principal and Interest

$791

Property Taxes

$246

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 123 South Otter Avenue

Summary
Location and General Information
  • City Name: Parkers Prairie
  • County Or Parish: Otter Tail
  • County: Otter Tail-MN
  • Directions: Hwy 29 Parkers Prairie
  • Latitude: 46.1524271201
  • Longitude: -95.3285683574
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Parkers Prairie
  • City and Location Text: Parkers Prairie(MN)
  • Postal Code: 56361
  • State Or Province: MN
  • Public Survey Township: 131
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 75000990270000
  • Tax Annual Amount: $2,956.00
  • Tax Legal Description: SECT-15 TWP-131 RANGE-037 LAKEVIEW ADDN - PP S 20' OF 17 & ALL LOT 18 BLK 31
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2022
  • Tax With Assessments: 2956.0000
School Information
  • High School District: 547 - Parkers Prairie
  • School District Number: 547
  • School District Phone: 218-338-6011
Property
Lot Information
  • Current Use: Commercial, Other, Vacant
  • Lot Size Area: 0.13
  • Lot Size Dimensions: 130x90
  • Lot Size Units: Acres
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Building Area Total: 5400.0
Property and Assessments
  • Age Of Property: 120
Utilities
  • Sewer: City Sewer/Connected
  • Utilities: Electric Separate, Heating Separate
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: No Stairs Internal
  • Foundation Area: 3104.0
  • Fuel: Electric,Propane
  • Road Frontage Type: City Street
  • Road Responsibility: Public Maintained Road
  • Roof: Flat, Tar/Gravel
Interior Features
  • Basement Type: Full
  • Cooling: Window Unit(s)
  • Garage Door Height: 0
  • Garage Door Width: 0
  • Garage Square Feet: 0
  • Heating: Forced Air
  • Levels: Two
  • Number of Refrigerator: Three
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Rooms Total: 0
  • Unit Type Actual Rent: $500.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Is Leased: 1
  • Unit Number: 1
Unit 2
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Rooms Total: 0
  • Unit SqFt: 0
  • Unit Type Actual Rent: $500.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Is Leased: 1
  • Unit Number: 2
Unit 3
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Rooms Total: 0
  • Unit Type Actual Rent: $450.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Is Leased: 1
  • Unit Number: 3

Property History for 123 South Otter Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 123 South Otter Avenue

Taxable ValueLand$22,700Additions$106,100Total$128,800
Tax Record2023$3,212 ($268 / month)
Home Facts
Total Finished SqFt8,512 SqFtAbove Grade Finished SqFt8,512 SqFtLot Size11,326 SqFtStyleMiscellaneous CommercialYear Built1904CountyOTTER TAILAPN75000990270000

Schools near 123 South Otter Avenue

This home is within Parkers Prairie Public School Dist..
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Rating
School
Distance
Parkers Prairie Elementary School
PublicPK to 6

Parkers Prairie Secondary
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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123 South Otter Avenue is a mixed use property for sale in Parkers Prairie, MN 56361. This property was listed for sale on September 6, 2022 by Northstar Lakes Realty, it's currently listed at $145,000. This listing's school district is Parkers Prairie Public School Dist.. Nearby schools include Parkers Prairie Elementary School and Parkers Prairie Secondary. 123 South Otter Avenue is a 0-bed, 0-bath, mixed use property built in 1904.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Northstar Lakes Realty

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 03/15/2024 10:16 AM