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Pelican Rapids, MN

Pelican Rapids, MN Commercial Real Estate for Sale

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Battle Lake, MN Lake Park, MN Detroit Lakes, MN Dent, MN Audubon, MN Vergas, MN Rothsay, MN Fergus Falls, MN

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

Heated Flex Buildings with Cold Storage

Updated: Apr 12

Heated Flex Buildings with Cold Storage

40 2nd St Nw, Pelican Rapids, MN 56572

$138,500

0.50 AC lot

Two heated buildings measuring 60x35 and 31x31
Separate cold storage building included
Garage capacity for eight or more vehicles at a time
Main building includes an office and half bathroom
Natural gas furnace and wood‑burning stove

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.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 3 Active listings in Pelican Rapids, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 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 and Vehicle Storage Unit

Boat and Vehicle Storage Unit

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

$109,000

1,600 sqft

To-be-built post-frame storage unit with a 12-by-14 overhead door, 14-foot sidewalls, and a 4-inch concrete floor.

Warehouse Shop Condo with Overhead Door

Warehouse Shop Condo with Overhead Door

48714 County Hwy 17 # 10, Vergas, MN 56587

Contact for pricing

1,400 sqft

Newer shop/condo with a 14' overhead door, heat, and 100-amp service for flexible hobby and light industrial use.

14-Foot Overhead Door Shop Condo

14-Foot Overhead Door Shop Condo

10-48714 County Highway 17, Vergas, MN 56587

$99,000

Newer shop condo with heat and a 100-amp electrical panel for hobby and storage use.

Industrial Storage Condo Pad Sites

Industrial Storage Condo Pad Sites

51021 Fish Lake Rd, Detroit Lakes, MN 56501

$149,500

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

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

$1,350,000

Estimated value

2.22 AC lot

15444 Sherbrooke Rd

MINI-WAREHOUSE, STORAGE

15444 Sherbrooke Rd, Pelican Rapids, MN 56572-9329

$325,000

Estimated value

7,000 sqft 3.45 AC lot

10790 County Hwy 5th 5

RESTAURANT

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

$655,000

Estimated value

5,537 sqft 0.92 AC lot

10315 County Hwy 5th 5

RETAIL STORES (PERSONAL SERVICES)

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

$1,290,000

Estimated value

7,465 sqft 1.11 AC lot

10820 County Hwy 5th 5

NIGHTCLUB (COCKTAIL LOUNGE)

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

$260,000

Estimated value

1,440 sqft 0.09 AC lot

10510 County Hwy 5th 5

NIGHTCLUB (COCKTAIL LOUNGE)

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

$360,000

Estimated value

3,072 sqft 2.20 AC lot

10849 County Hwy 5th 5

COMMERCIAL (GENERAL)

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

$245,000

Estimated value

0.13 AC lot

Pelican Rapids, MN 56572

COMMERCIAL (GENERAL)

Pelican Rapids, MN 56572

$240,000

Estimated value

0.25 AC lot

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

48419 Us Hwy 59

COMMERCIAL (GENERAL)

48419 Us Hwy 59, Pelican Rapids, MN 56572

$285,000

Estimated value

9,120 sqft 7.74 AC lot

47906 Us Hwy 59

COMMERCIAL (GENERAL)

47906 Us Hwy 59, Pelican Rapids, MN 56572

$100,000

Estimated value

832 sqft 5.19 AC lot

23698 Sunset Bch Trl

COMMERCIAL (GENERAL)

23698 Sunset Bch Trl, Pelican Rapids, MN 56572

$245,000

Estimated value

5.54 AC lot

22311 State Hwy 34

INDUSTRIAL (GENERAL)

22311 State Hwy 34, Pelican Rapids, MN 56572

$265,000

Estimated value

9,072 sqft 5.00 AC lot

17891 State Hwy 108

INDUSTRIAL (GENERAL)

17891 State Hwy 108, Pelican Rapids, MN 56572

$220,000

Estimated value

6,400 sqft 14.40 AC lot

10295 Sherbrooke Bch Ln

COMMERCIAL (GENERAL)

10295 Sherbrooke Bch Ln, Pelican Rapids, MN 56572

$250,000

Estimated value

1.00 AC lot

20488 Pelican Dr

COMMERCIAL (GENERAL)

20488 Pelican Dr, Pelican Rapids, MN 56572

$235,000

Estimated value

0.45 AC lot

23485 Old 59th Rd

COMMERCIAL (GENERAL)

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

$205,000

Estimated value

1,920 sqft 0.50 AC lot

22438 Old 59th Rd

COMMERCIAL (GENERAL)

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

$470,000

Estimated value

34,088 sqft 3.09 AC lot

15 Ml Ave

COMMERCIAL (GENERAL)

15 Ml Ave, Pelican Rapids, MN 56572-4228

$100,000

Estimated value

1,152 sqft

29 Ml Ave

INDUSTRIAL (GENERAL)

29 Ml Ave, Pelican Rapids, MN 56572-4228

$235,000

Estimated value

1,728 sqft

20 Ml Ave

COMMERCIAL (GENERAL)

20 Ml Ave, Pelican Rapids, MN 56572-4227

$255,000

Estimated value

3,980 sqft

Pelican Rapids, MN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Pelican Rapids, MN, showcased through 3 active listings on our real estate platform.

Sale prices for business properties in Pelican Rapids, MN start at $65,000, averaging $117,766, 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	$93.3K

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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