Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Downtown Fergus Falls Office Space Title is generated by Realmo AI

    125 W Lincoln Avenue, Fergus Falls, MN 56537

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Commercial - Fergus Falls, MN

    Lot size:
    0.24 Acres
    Added:
    Nov 13, 2025
    Days on Market:
    189
    Last Refresh:
    May 21 at 10:06 am

    Property Features for 125 W Lincoln Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Business/Commercial
    Parking features
    Paved or Surfaced
    Exterior features
    Brick/Stone
    Standard status
    Active
    APN
    71003990289000
    Lot size
    0.24 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    22830

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1962
    Roof type
    Flat
    Architectural style
    Other

    We can help!

    Listing Contact
    Andrew Yaggie
    Andrew Yaggie

    Listing agent Andrew Yaggie

    Listing office Andrew Yaggie Real Estate 1918 College Way, Fergus Falls, MN

    Listing date Nov 13, 2025

    MLS# 6816245 Listing URL

    Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Includes heating, cooling, and electricity in monthly rent.
    • Located in downtown Fergus Falls within Lincoln Centre.
    • 2,970 square feet of office space on the main level.
    • Features 7 offices, reception area, and 2 spaces with kitchenette and storage.
    • Access to common bathrooms.
    • Available February 1, 2026.

    Overview

    Available for lease is 2,970 square feet of office space situated on the main level of Lincoln Centre, located in downtown Fergus Falls. The suite includes a reception area, seven offices, and two spaces equipped with a kitchenette and storage. The monthly rent covers heating, cooling, electricity, and access to common bathrooms within the building. This space is projected to be available starting February 1, 2026. The property is zoned for business and commercial use and is located in Otter Tail County, Minnesota.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Assistive Technology Network Social Service Agency Beltone Hearing Aid ... Hearing Aid Repair Service Tamera Churchill Marriage Or Relationship Counselor Otter Tail Adjusting Insurance Agency Jobs Service State Government Office

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fergus Falls
    County
    Otter Tail
    State
    Minnesota
    Longitude
    -96.075701
    Latitude
    46.283186

    Nearby Similar for Sale

    • $349,900
      2,700 SF

      Versatile Commercial Property, Fergus Falls

      Commercial property on a 0.63-acre lot with two buildings.
      2066 College Way, Fergus Falls, MN 56537
      View Details
    • $5
      13,000 SF

      Versatile Warehouse Space off I-94

      Heated warehouse space for lease with exceptional accessibility and visibility.
      712 Frontier Drive, Fergus Falls, MN 56537
      View Details
    • $470,000

      Versatile Commercial Building in Fergus

      Adaptable commercial space suitable for retail, office, or warehouse.
      917 Pebble Lake Road, Fergus Falls, MN 56537
      View Details
    • $139,900
      3,000 SF

      Fergus Falls Office/Retail Building

      Versatile commercial space in downtown Fergus Falls, Minnesota.
      109 N Court Street, Fergus Falls, MN 56537
      View Details
    • $875,000

      Downtown Fergus Falls Commercial Property

      Iconic corner-lot building in downtown Fergus Falls, ideal for business.
      128 E Washington Avenue, Fergus Falls, MN 56537
      View Details
    • $500

      Downtown Fergus Falls Commercial Space

      1,012 sq ft commercial space in downtown Fergus Falls.
      125 W Lincoln Avenue, Fergus Falls, MN 56537
      View Details
    • $600

      Downtown Fergus Falls Office Space

      792 SF office space for lease in downtown Fergus Falls.
      125 W Lincoln Avenue, Fergus Falls Twp, MN 56537
      View Details
    • $495,000

      Fergus Falls Commercial Opportunity

      Turnkey commercial building with drive-thru, ideal for diverse businesses.
      1109 Pebble Lake Road, Fergus Falls, MN 56537
      View Details
    • $199,000

      Downtown Fergus Falls Commercial Space

      Versatile commercial space in downtown Fergus Falls, ideal for businesses.
      105 E Lincoln Avenue, Fergus Falls, MN 56537
      View Details
    • $700

      Downtown Fergus Falls Office Space

      935 SF office space for lease in downtown Fergus Falls.
      125 W Lincoln Avenue, Fergus Falls, MN 56537
      View Details
    • $1,000
      1,298 SF

      Downtown Fergus Falls Office Space

      1,298 SF office space in Lincoln Centre, Fergus Falls.
      125 W Lincoln Avenue Suite 17, Fergus Falls Twp, MN 56537
      View Details
    • $595,000

      Established Restaurant Building For Sale

      Restaurant building on a large lot with ample parking.
      705 E Vernon Ave, Fergus Falls, MN
      View Details

    FAQs

    What type of property is this?
    Office units - Office space for lease in downtown Fergus Falls.
    Where is this office units located?
    The property is located at 125 W Lincoln Avenue Fergus Falls, MN.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Includes heating, cooling, and electricity in monthly rent.; Located in downtown Fergus Falls within Lincoln Centre.; 2,970 square feet of office space on the main level.
    (701) 212-5263
    We can help!
    Listing Contact
    Andrew Yaggie
    Andrew Yaggie
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    125 W Lincoln Avenue, Fergus Falls, MN 56537
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!