40 2nd Street NW, Pelican Rapids, MN 56572

Overview

Description

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.

General Property Information

Comp Sale YN: No
Development: No
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: Yes
Waterfront Present: No
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Lot Dimensions: 150x150
Acres: 0.5
Assessment Pending: No
Association Fee: 0

Property Features

Available Utilities: Electricity Available; Electricity Connected; Underground Utilities Available; Water Available; Water Connected Development Status: Other Improvements: Public Road; Storm Sewer Land Inclusions: None Lock Box Type: Combo Sellers Terms: Cash; Contract for Deed; Conventional Topography: Level

Contract Information

Contingency: None
Original List Price: 138500
ListPrice: 138500
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 40
Street Name: 2nd
Street Suffix: Street
Street Direction Suffix: NW
Postal City: Pelican Rapids
County: Otter Tail
State: MN
Zip Code: 56572
Complex/Dev/Subdivision: Frazees 1st Add

Assessments

Tax With Assessments: 1404
Assessment Balance: 0

Builder Information

Builder Restrictions: Open

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

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

Office/Member Info

Association: LCAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: SECT-27 TWP-136 RANGE-043 PT N1/2 NW1/4 SEC 27 COM NW COR LOT 6 BLK 3 FRAZEES 1ST ADDN W 66' S 150' TO BG S 150' W 150' N 150' E 150' TO BG
Listing City: Pelican Rapids
Map Page: 999
Municipality: Pelican Rapids
School District: Pelican Rapids
School District Phone: 218-863-5910
Zip Plus 4: 7110
Property ID Number: 76000270038001
Tax Year: 2025
Tax Amount: 1404
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: 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.
Directions: Turn South onto 2nd St NW. Property will be on the right side.

Development Status

Other: Yes

Insurance Fee

Insurance Fee: 0

Lock Box Type

Combo: Yes

Restriction/Covenants

None: Yes

Sellers Terms

Cash: Yes
Contract for Deed: Yes
Conventional: Yes

Topography

Level: Yes

Available Utilities

Electricity Available: Yes
Electricity Connected: Yes
Underground Utilities Available: Yes
Water Available: Yes
Water Connected: Yes

Improvements

Public Road: Yes
Storm Sewer: Yes

Land Inclusions

None: Yes