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    Pelican Rapids, MN

    Pelican Rapids, MN Commercial Real Estate for Sale

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    Battle Lake, MN Erhard, MN Lake Park, MN Detroit Lakes, MN Rothsay, MN Dent, MN Vergas, MN Barnesville, MN
    Undeveloped Commercial Land
    Updated: Jan 5, 2024
    Undeveloped Commercial Land

    10XX S Broadway, Pelican Rapids, MN 56572

    $65,000
    0.71 AC lot
    0.71‑acre commercial land parcel
    Frontage along Highway 59 / Broadway
    Located in Pelican Rapids’ central business district
    MNDot average daily traffic estimate: 6091 vehicles
    Water available
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    Three-Lake Waterfront Land
    Updated: Sep 1
    Three-Lake Waterfront Land

    15977 State Highway 34, Pelican Rapids, MN 56572

    $1,100,000
    117 ACRES in Ottertail County, MN
    Waterfront on Helgeson, Randkler and Businger lakes
    Approx. 58A forest and 30A crops
    Underground power extends to the building site
    Two older usable structures: shed/garage
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    Premium Storage Unit with Insulated Door
    Premium Storage Unit with Insulated Door

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

    $149,800

    Independent storage unit with insulated overhead door, multiple windows, and an exterior canopy for added weather protection.

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    See hot listings in Pelican Rapids

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Storage Unit with Oversized Door
    Storage Unit with Oversized Door

    01-24247 Bass Harbor Rd, Pelican Rapids, MN 56572

    $149,800

    Storage-only unit with dedicated lot, prepared site, electrical service, and weather-protected pedestrian access.

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    Storage Unit with Canopy
    Storage Unit with Canopy

    17-24247 Bass Harbor Rd, Pelican Rapids, MN 56572

    $149,800

    Includes a prepared site, exterior shell, and covered service-door entry for storage use only.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 5 Active listings in Pelican Rapids, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 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.

    Boat Storage Unit
    Boat Storage Unit

    25296 S Melissa Drive #14, Detroit Lakes, MN 56501

    $109,000
    1,600 sqft

    To-be-built ownership opportunity with vaulted clearance, an overhead garage door, and a concrete floor with center drain.

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    Boat and RV Storage Unit
    Boat and RV Storage Unit

    13390 Thunderbolt Ranch Rd Unit 20, Lake Park, MN 56554

    $119,900
    2,400 sqft

    Planned storage space with durable construction and access suited to recreational vehicles and equipment.

    View details
    Insulated Self-Storage Unit
    Insulated Self-Storage Unit

    13390 Thunderbolt Ranch Rd Unit 23, Lake Park, MN 56554

    $68,900
    1,200 sqft

    Stick-built storage space with a reinforced concrete slab, insulated overhead door, and walk-in access.

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    Industrial Storage Condo Pad Sites
    Industrial Storage Condo Pad Sites

    51021 Fish Lake Road, Detroit Lakes, MN 56501

    $149,500

    Professionally structured storage condo pad sites with an approved shed size of 32’ x 60’.

    View details

    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

    Estimated value:
    $1,350,000
    2.22 AC lot
    View details
    15444 Sherbrooke Rd
    MINI-WAREHOUSE, STORAGE

    15444 Sherbrooke Rd, Pelican Rapids, MN 56572-9329

    Estimated value:
    $325,000
    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

    Estimated value:
    $655,000
    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

    Estimated value:
    $1,290,000
    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

    Estimated value:
    $260,000
    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

    Estimated value:
    $360,000
    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

    Estimated value:
    $245,000
    0.13 AC lot
    View details
    Pelican Rapids, MN 56572
    COMMERCIAL (GENERAL)

    Pelican Rapids, MN 56572

    Estimated value:
    $240,000
    0.25 AC lot
    View details
    48153 Us Hwy 59
    COMMERCIAL (GENERAL)

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

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

    48419 Us Hwy 59, Pelican Rapids, MN 56572

    Estimated value:
    $285,000
    9,120 sqft 7.74 AC lot
    View details
    47906 Us Hwy 59
    COMMERCIAL (GENERAL)

    47906 Us Hwy 59, Pelican Rapids, MN 56572

    Estimated value:
    $100,000
    832 sqft 5.19 AC lot
    View details
    23698 Sunset Bch Trl
    COMMERCIAL (GENERAL)

    23698 Sunset Bch Trl, Pelican Rapids, MN 56572

    Estimated value:
    $245,000
    5.54 AC lot
    View details
    22311 State Hwy 34
    INDUSTRIAL (GENERAL)

    22311 State Hwy 34, Pelican Rapids, MN 56572

    Estimated value:
    $265,000
    9,072 sqft 5.00 AC lot
    View details
    17891 State Hwy 108
    INDUSTRIAL (GENERAL)

    17891 State Hwy 108, Pelican Rapids, MN 56572

    Estimated value:
    $220,000
    6,400 sqft 14.40 AC lot
    View details
    10295 Sherbrooke Bch Ln
    COMMERCIAL (GENERAL)

    10295 Sherbrooke Bch Ln, Pelican Rapids, MN 56572

    Estimated value:
    $250,000
    1.00 AC lot
    View details
    20488 Pelican Dr
    COMMERCIAL (GENERAL)

    20488 Pelican Dr, Pelican Rapids, MN 56572

    Estimated value:
    $235,000
    0.45 AC lot
    View details
    23485 Old 59th Rd
    COMMERCIAL (GENERAL)

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

    Estimated value:
    $205,000
    1,920 sqft 0.50 AC lot
    View details
    22438 Old 59th Rd
    COMMERCIAL (GENERAL)

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

    Estimated value:
    $470,000
    34,088 sqft 3.09 AC lot
    View details
    15 Ml Ave
    COMMERCIAL (GENERAL)

    15 Ml Ave, Pelican Rapids, MN 56572-4228

    Estimated value:
    $100,000
    1,152 sqft
    View details

    Pelican Rapids, MN Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Pelican Rapids, MN, showcased through 5 active listings on our real estate platform.

    Sale prices for business properties in Pelican Rapids, MN start at $65,000, averaging $322,880, and reaching up to $1,100,000 — 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 $322.9K

    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%

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