315 S Mill ST, Fergus Falls, MN 56537
315 S Mill ST, Fergus Falls, MN 56537
315 S Mill ST, Fergus Falls, MN 56537
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Ingrid Friel

Ingrid Friel

+1(612) 750-6392
$325,000
Est. payment /mo
7,492 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Fergus Falls

MLS Listing ID 7083288

Year Built 1919

Annual Tax Amount $6,506

Tax Year 2025

Contingent None

Lot Size 7,492 Sqft

Lot Dimensions 50 x 150

Property Description

Positioned in the heart of Fergus Falls, this impressive 5400 sq ft office building offers a rare combination of immediate rental income and owner-occupancy potential. Currently configured with multiple office suites, the property is home to four established tenants, providing steady income from day one. An additional office suite-currently used as a law office-is available for lease or owner use, with the potential to be divided into office space for even greater income opportunities.
The available suite features excellent street visibility, large windows, and direct street access, making it ideal for professional services, legal, financial, or business offices seeking a prominent downtown presence.
There is ample parking surrounding the building, plus the convenience of a 3 stall attached garage. Whether your an investor seeking a solid income-producing property or a business owner looking for office space while offsetting expenses through tenant income, this property offers exceptional flexibility and value.

Location

State MN

County Otter Tail

Zoning Business/Commercial

Rooms

Basement None

Interior

Heating Heat Pump

Cooling Central Air

Inclusions Building, Land

Fireplace No

Exterior

Parking Features Attached Garage, Parking Lot

Garage Spaces 3.0

Utilities Available Electric Common

Roof Type Age Over 8 Years,Metal

Present Use Office,Professional Service

Building

Story One

Foundation 5400

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One

New Construction false

Schools

School District Fergus Falls

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Listed by Steven Young • Weichert, Realtors - Paulson Land Co

Nearby Locations

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Ingrid Friel

Ingrid Friel

+1(612) 750-6392

Residential Realtor License ID: 40213017

Residential Realtor License ID: 40213017

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