Pelican Rapids, MN Commercial Real Estate for Sale

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Battle Lake, MN Erhard, MN Detroit Lakes, MN
Premium Storage Unit with Insulated Door
Updated: May 28
Premium Storage Unit with Insulated Door

18-24247 Bass Harbor Rd, Pelican Rapids, MN 56572

$149,800
Premium storage unit with 149 x 149 insulated overhead door and 139‑8" sidewalls
59 canopy provides added weather protection over the service door
Includes 200‑amp electrical panel and outlet; additional electrical capacity available as an upgrade
Built with factory‑engineered scissor trusses and a 3.5/12 roof pitch
39 insulated steel walk‑in door plus (3) 39 x 39 stationary windows
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Commercial Land Parcel
Updated: Jan 5, 2024
Commercial Land Parcel

10XX S Broadway, Pelican Rapids, MN 56572

$65,000
0.71 AC lot
0.71‑acre undeveloped commercial lot in the central business district of Pelican Rapids
Located along Highway 59 / Broadway in Pelican Rapids
Water available at the property
MNDot estimates average daily traffic of 6,091 vehicles
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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 2 Active listings in Pelican Rapids, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Highway 10 Shop with Acreage
Highway 10 Shop with Acreage

TBD 28428 US-10, Detroit Lakes, MN 56501

$699,000
4,080 sqft · 2.00 AC lot

4,000+ sqft shop on 2 acres with highway frontage.

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Specialty Property For Sale
Specialty Property For Sale

210 County Highway 35, Vergas, MN 56587

$92,400

Available for sale in Otter Tail County, offering a commercial format that may suit a range of specialized uses.

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Highway Frontage Shop in Detroit
Highway Frontage Shop in Detroit

28428 US-10, Detroit Lakes, MN 56501

$849,000
4,080 sqft · 4.38 AC lot

4.38 acres with 4,000+ sq ft shop on Highway 10.

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Scenic Pasture Lot in Vergas
Scenic Pasture Lot in Vergas

450XX 316th Ave [D], Vergas, MN 56587

$69,900
3.24 AC lot

3.24-acre pasture lot with panoramic views near Vergas, MN.

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Off-Market Properties in Pelican Rapids, MN

Consider similar Off-Market properties in Pelican Rapids, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Pelican Rapids, MN 56572
COMMERCIAL (GENERAL)

Pelican Rapids, MN 56572

$1,295,000
Estimated value
2.22 AC lot
View details
15444 Sherbrooke Rd
MINI-WAREHOUSE, STORAGE

15444 Sherbrooke Rd, Pelican Rapids, MN 56572-9329

$585,000
Estimated value
7,000 sqft · 3.45 AC lot
View details
10790 County Hwy 5th 5
RESTAURANT

10790 County Hwy 5th 5, Pelican Rapids, MN 56572-9321

$650,000
Estimated value
5,537 sqft · 0.92 AC lot
View details
10315 County Hwy 5th 5
RETAIL STORES (PERSONAL SERVICES)

10315 County Hwy 5th 5, Pelican Rapids, MN 56572-9321

$1,235,000
Estimated value
7,465 sqft · 1.11 AC lot
View details
10820 County Hwy 5th 5
NIGHTCLUB (COCKTAIL LOUNGE)

10820 County Hwy 5th 5, Pelican Rapids, MN 56572-9324

Value Estimation by Request
1,440 sqft · 0.09 AC lot
View details
10510 County Hwy 5th 5
NIGHTCLUB (COCKTAIL LOUNGE)

10510 County Hwy 5th 5, Pelican Rapids, MN 56572-9321

Value Estimation by Request
3,072 sqft · 2.20 AC lot
View details
10849 County Hwy 5th 5
COMMERCIAL (GENERAL)

10849 County Hwy 5th 5, Pelican Rapids, MN 56572-9324

Value Estimation by Request
0.13 AC lot
View details
Pelican Rapids, MN 56572
COMMERCIAL (GENERAL)

Pelican Rapids, MN 56572

Value Estimation by Request
0.25 AC lot
View details
48153 Us Hwy 59
COMMERCIAL (GENERAL)

48153 Us Hwy 59, Pelican Rapids, MN 56572-7287

$2,395,000
Estimated value
20,102 sqft · 12.00 AC lot
View details
48419 Us Hwy 59
COMMERCIAL (GENERAL)

48419 Us Hwy 59, Pelican Rapids, MN 56572

Value Estimation by Request
9,120 sqft · 7.74 AC lot
View details
47906 Us Hwy 59
COMMERCIAL (GENERAL)

47906 Us Hwy 59, Pelican Rapids, MN 56572

Value Estimation by Request
832 sqft · 5.19 AC lot
View details
23698 Sunset Bch Trl
COMMERCIAL (GENERAL)

23698 Sunset Bch Trl, Pelican Rapids, MN 56572

Value Estimation by Request
5.54 AC lot
View details
22311 State Hwy 34
INDUSTRIAL (GENERAL)

22311 State Hwy 34, Pelican Rapids, MN 56572

Value Estimation by Request
9,072 sqft · 5.00 AC lot
View details
17891 State Hwy 108
INDUSTRIAL (GENERAL)

17891 State Hwy 108, Pelican Rapids, MN 56572

Value Estimation by Request
6,400 sqft · 14.40 AC lot
View details
10295 Sherbrooke Bch Ln
COMMERCIAL (GENERAL)

10295 Sherbrooke Bch Ln, Pelican Rapids, MN 56572

Value Estimation by Request
1.00 AC lot
View details
20488 Pelican Dr
COMMERCIAL (GENERAL)

20488 Pelican Dr, Pelican Rapids, MN 56572

Value Estimation by Request
0.45 AC lot
View details
23485 Old 59th Rd
COMMERCIAL (GENERAL)

23485 Old 59th Rd, Pelican Rapids, MN 56572-7150

Value Estimation by Request
1,920 sqft · 0.50 AC lot
View details
22438 Old 59th Rd
COMMERCIAL (GENERAL)

22438 Old 59th Rd, Pelican Rapids, MN 56572-7142

$880,000
Estimated value
34,088 sqft · 3.09 AC lot
View details
15 Ml Ave
COMMERCIAL (GENERAL)

15 Ml Ave, Pelican Rapids, MN 56572-4228

Value Estimation by Request
1,152 sqft
View details
29 Ml Ave
INDUSTRIAL (GENERAL)

29 Ml Ave, Pelican Rapids, MN 56572-4228

Value Estimation by Request
1,728 sqft
View details
20 Ml Ave
COMMERCIAL (GENERAL)

20 Ml Ave, Pelican Rapids, MN 56572-4227

Value Estimation by Request
3,980 sqft
View details
28 Ml Ave
COMMERCIAL (GENERAL)

28 Ml Ave, Pelican Rapids, MN 56572-4229

Value Estimation by Request
2,672 sqft
View details

Pelican Rapids, MN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Pelican Rapids, MN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $214,800.

Sale prices for business properties in Pelican Rapids, MN start at $65,000, averaging $107,400, and reaching up to $149,800 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 5,900
Population Growth (5Y) +11.1%
Median Household Income $83,631
College Educated 38.4%

High-Yield Neighborhoods for Investment

Identify Pelican Rapids submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
56572 $65K

Taxes & Financing

Tax Rate (average for all types) 2.80%
Property Tax per SF $22.30 per SF
Tax Rate vs County Average 0.53 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Otter Tail County

New Delisted

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