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    Underwood, MN Commercial Real Estate for Sale

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    Battle Lake, MN Dalton, MN Fergus Falls, MN
    Waterfront Peninsula with Boathouse
    $495,000
    3.23 Acres
    Waterfront Peninsula with Boathouse

    26373 Anna Lake Rd, Underwood, MN 56586

    A gated, high-ground waterfront peninsula with a 14-by-35 boathouse and deep-water dock potential.
    • 3.23‑acre gated peninsula with high ground about 20' above the water line in Ottertail County
    • Rustic summer cabin with approved permit to remove and replace, with option for moderate variance; sealed septic tank permit included
    • Utilities: 200 amp electric service to the cabin and 100 amp electric to the boathouse
    • Boathouse measures 14' x 35' with 10" concrete block walls and a 4" concrete roof supported by steel beams
    • Deep‑water well with hand pump and 4" casing that accepts an electric submersible pump; clear water reported
    Updated: May 28
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    Based on your search, we've compiled 47 Potential Opportunities for your consideration. Besides 1 Active listings in Underwood, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 42 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.

    Versatile Commercial Building in Fergus
    $470,000
    0.94 Acres
    Versatile Commercial Building in Fergus

    Adaptable commercial space suitable for retail, office, or warehouse.

    917 Pebble Lake Road, Fergus Falls, MN 56537

    View details
    Healthcare Facility and Wellness Building
    $3,900,000
    Healthcare Facility and Wellness Building

    Large assisted-living style building with spa, commercial kitchen, and private rooms on a sizable lot.

    394 Woodland Dr, Fergus Falls, MN 56537

    View details
    Retail Space with Open-Concept Layout
    Contact for pricing
    0.09 Acres
    Retail Space with Open-Concept Layout

    Two adjoining retail spaces can be combined into an open layout, with ample parking, in Battle Lake.

    110 W Henning Street, Battle Lake, MN 56515

    View details
    Retail Opportunity in Battle Lake
    Contact for pricing
    Retail Opportunity in Battle Lake

    Versatile retail spaces in a vibrant, growing community.

    110 W Henning Street, Battle Lake, MN 56515

    View details

    Off-Market Properties in Underwood, MN

    Consider similar Off-Market properties in Underwood, 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.

    29346 State Hwy 210
    COMMERCIAL (GENERAL)
    4,620 SF Lot: 2.50 Acres
    Value Estimation by Request

    29346 State Hwy 210, Underwood, MN 56586-9600

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    26820 State Hwy 210
    APARTMENT HOUSE (5+ UNITS)
    672 SF Lot: 31.25 Acres
    Value Estimation by Request

    26820 State Hwy 210, Underwood, MN 56586-9503

    View details
    29338 State Hwy 210
    COMMERCIAL (GENERAL)
    3,040 SF Lot: 27.40 Acres
    Value Estimation by Request

    29338 State Hwy 210, Underwood, MN 56586-9600

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    107 Shr Dr
    COMMERCIAL (GENERAL)
    2,400 SF
    Value Estimation by Request

    107 Shr Dr, Underwood, MN 56586

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    31449 Shady Nook Dr
    INDUSTRIAL (GENERAL)
    4,080 SF Lot: 5.77 Acres
    Value Estimation by Request

    31449 Shady Nook Dr, Underwood, MN 56586

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    110 Main S St
    COMMERCIAL (GENERAL)
    4,940 SF
    Estimated value
    $525,000

    110 Main S St, Underwood, MN 56586

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    114 Main S St
    COMMERCIAL (GENERAL)
    660 SF
    Value Estimation by Request

    114 Main S St, Underwood, MN 56586

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    121 Main S St
    COMMERCIAL (GENERAL)
    1,653 SF
    Value Estimation by Request

    121 Main S St, Underwood, MN 56586

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    100 Main N St
    COMMERCIAL (GENERAL)
    28,616 SF
    Estimated value
    $1,715,000

    100 Main N St, Underwood, MN 56586

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    103 Main N St
    COMMERCIAL (GENERAL)
    10,000 SF
    Estimated value
    $650,000

    103 Main N St, Underwood, MN 56586

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    101 Main S St
    COMMERCIAL (GENERAL)
    1,564 SF
    Value Estimation by Request

    101 Main S St, Underwood, MN 56586-7000

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    113 Main S St
    COMMERCIAL (GENERAL)
    1,560 SF
    Value Estimation by Request

    113 Main S St, Underwood, MN 56586-9998

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    201 Main S St
    COMMERCIAL (GENERAL)
    1,434 SF
    Value Estimation by Request

    201 Main S St, Underwood, MN 56586

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    107 Main S St
    COMMERCIAL (GENERAL)
    2,400 SF
    Value Estimation by Request

    107 Main S St, Underwood, MN 56586

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    116 Main S St
    COMMERCIAL (GENERAL)
    Value Estimation by Request

    116 Main S St, Underwood, MN 56586

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    115 Main N St
    COMMERCIAL (GENERAL)
    2,856 SF
    Value Estimation by Request

    115 Main N St, Underwood, MN 56586

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    106 Highland E Ave
    COMMERCIAL (GENERAL)
    1,500 SF
    Value Estimation by Request

    106 Highland E Ave, Underwood, MN 56586-7012

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    404 Frontage W Ave
    INDUSTRIAL (GENERAL)
    2,496 SF Lot: 0.41 Acres
    Value Estimation by Request

    404 Frontage W Ave, Underwood, MN 56586

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    408 Frontage W Ave
    COMMERCIAL (GENERAL)
    3,365 SF Lot: 0.36 Acres
    Value Estimation by Request

    408 Frontage W Ave, Underwood, MN 56586-7216

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    304 Frontage W Ave
    COMMERCIAL (GENERAL)
    1,120 SF
    Value Estimation by Request

    304 Frontage W Ave, Underwood, MN 56586-7211

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    502 Frontage W Ave
    COMMERCIAL (GENERAL)
    4,260 SF Lot: 1.44 Acres
    Value Estimation by Request

    502 Frontage W Ave, Underwood, MN 56586-7217

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    312 Frontage W Ave
    COMMERCIAL (GENERAL)
    1,140 SF
    Value Estimation by Request

    312 Frontage W Ave, Underwood, MN 56586-7211

    View details
    300 Frontage W Ave
    COMMERCIAL (GENERAL)
    3,072 SF Lot: 0.75 Acres
    Value Estimation by Request

    300 Frontage W Ave, Underwood, MN 56586-7211

    View details

    Underwood, MN Commercial Real Estate Market Trends and Statistics

    Explore 43 commercial real estate for sale in Underwood, 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 $495,000.

    Sale prices for business properties in Underwood, MN start at $495,000, averaging $495,000, and reaching up to $495,000 — 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 1,798
    Population Growth (5Y) -6.7%
    Median Household Income $82,333
    College Educated 34.6%

    Taxes & Financing

    Tax Rate (average for all types) 1.80%
    Property Tax per SF $14.83 per SF
    Tax Rate vs County Average 0.47 pp below 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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