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    128 E Washington Ave Fergus Falls, MN 56537

    For Sale
    $875,000

    Commercial - Fergus Falls, MN

    Lot size:
    0.65 Acres
    Days on Market:
    133
    Last Refresh:
    Dec 11 at 10:06 am

    Property Features for 128 E Washington Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial
    APN
    71001990123000
    Parking features
    Driveway, Parking Lot, Paved or Surfaced
    Exterior features
    Brick/Stone
    Appliances
    Dishwasher, Microwave, Range, Refrigerator, Washer
    Lot size
    0.65 Acres

    Utilities

    Heating system
    Baseboard, Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1957
    Flooring type
    Carpet, Linoleum, Vinyl
    Building materials
    Block, Brick, Frame
    Roof type
    Flat
    Architectural style
    Other

    Andrew Yaggie Real Estate (218) 736-9300 [email protected]

    Listing agent Andrew Yaggie (218) 332-0700

    Listing date Aug 1, 2025

    MLS# 6763746 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Fergus Falls Commercial Property

    This commercial property is located in downtown Fergus Falls, near the courthouse and surrounded by restaurants, shops, and major employers, with quick access to I-94. The corner-lot building includes 38 dedicated parking spaces located behind the building. The main level features an expansive, light-filled lobby with large windows and ten private offices. A unique highlight is the original bank vault. The mezzanine level overlooks the main lobby and includes a spacious conference room and two additional offices. The lower level offers work or storage space, three restrooms, and a fully-equipped break room with a full kitchen. Additional features include two mechanical rooms and abundant storage. The property sits on a 0.65-acre lot and is zoned for Business/Commercial use. This well-maintained building is suitable for a wide range of business uses or redevelopment visions.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shazam Atm Atm FM BANK Bank

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    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
    -96.07277
    Latitude
    46.281146

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    FAQs

    What type of property is this?
    Office building - Iconic corner-lot building in downtown Fergus Falls, ideal for business.
    Where is this office building located?
    The property is located at 128 E Washington Ave Fergus Falls, MN.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: - Prime downtown Fergus Falls location on a high-visibility corner lot, steps from the courthouse and surrounded by amenities.; - 38 dedicated parking spaces located behind the building, providing convenient accessibility for staff and clients.; - Versatile space suitable for various business uses or redevelopment, including an expansive main level, ten private offices, and a mezzanine level.
    (218) 332-0700
    Request Owner's contact information
    128 E Washington Ave Fergus Falls, MN 56537
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    Fergus Falls, MN 56537
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    Realmo Value Estimation

    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.

    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.

    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
    128 E Washington Ave Fergus Falls, MN 56537
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