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Bank Building with Original Vault
For Sale
$875,000

128 E Washington Ave, Fergus Falls, MN 56537

Flexible downtown commercial building with private offices, conference space, parking, and adaptable areas for business operations.

Property Size14,527 SF
Price / SF$60.23
Days on Market21

Property Features for 128 E Washington Ave

General Information

Standard status Active
Size 14,527 SF
Total Parking Spaces 38

Additional Details

Highway Access Yes

Amenities

original bank vault
break room with full kitchen
three restrooms
abundant storage

Building Details

Year Built 1957
Buildings 1
Listing Agency: Andrew Yaggie Real Estate
Listed By: Andrew Yaggie
Source: Chrisfritchteam
Added: Aug 8 Changed: Aug 28 Last Checked: Aug 25 at 4:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Andrew Yaggie Real Estate

Investment Insights

Based on property information with market context.

Constructed in 1957, this three-level bank building combines established commercial improvements with a flexible interior layout. The main floor includes a window-lined lobby, 10 private offices, and the original bank vault. A mezzanine adds a conference room and two offices, while the lower level provides work or storage areas, three restrooms, and a break room with a full kitchen. Two mechanical rooms and additional storage support the building’s ongoing functionality.

The corner property is located in downtown Fergus Falls near the courthouse, restaurants, shops, and major employers, with convenient access to I-94. Thirty-eight dedicated parking spaces are positioned behind the building, providing on-site parking for staff and visitors. The combination of office capacity, meeting space, support areas, and retained banking features offers a distinctive commercial setting for continued business use or redevelopment.

Key Highlights

  • 14,527 SF bank building constructed in 1957
  • Original bank vault remains in the building
  • 10 main‑level private offices plus 2 mezzanine offices

Property Analytics

Current Use

Shazam Atm Atm FM BANK Bank

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Kitchen & Bath Showroom Carpet & Flooring Store Bakery Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,087
Businesses Nearby

Demographics for 56537, MN

19,230
Population
9,498
Households
2
Avg Household Size
44
Median Age
30%
College-Educated
96%
High-School Grad
283.4 sq mi
ZIP Area
68
Density / Sq Mi
$62,279
Median Household Income
$40,272
Median Earnings
$840
Median Rent
$223,000
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Bank - Flexible downtown commercial building with private offices, conference space, parking, and adaptable areas for business operations.
Where is this bank 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: 14,527 SF bank building constructed in 1957; Original bank vault remains in the building; 10 main‑level private offices plus 2 mezzanine offices
More about this property
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