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Office Building with Original Vault
For Sale
$875,000

128 E Washington Avenue, Fergus Falls, MN 56537

Commercial Sale, Fergus Falls, MN

Property SizeContact for details
Lot Size0.65 Acres
Days on Market437

Property Features for 128 E Washington Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Rooms Basement
Parking features Parking Lot, Driveway, Covered
Window features Display Window(s)
Accessibility Accessible Elevator Installed
Appliances Dishwasher, Water Heater - Electric, Microwave, Range, Refrigerator
Lot features Corner Lot
High school district Fergus Falls
Directions From Lincoln and Union Ave, South on Union Ave, left on Washington Ave, continue 3 blocks to property on your right.
Standard status Active
APN 71001990123000
Lot size 0.65 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 21909

Utilities

Heating system Baseboard, Forced Air
Cooling system Central Air

Building Details

Year built 1957
Building materials Block, Brick, Frame
Roof type Flat
Listing Agency: Andrew Yaggie Real Estate
Listed By: Andrew Yaggie
Added: Aug 1, 2025 Changed: Oct 8 Last Checked: Oct 11 at 12:06AM
MLS# 6763746

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.

Investment Insights

Based on property information with market context.

This 1957 office building spans a main floor, mezzanine, and lower level. The main floor features a windowed lobby and 10 private offices, while the mezzanine adds a conference room and two more offices. An original bank vault remains in the building. The lower level includes work or storage space, three restrooms, and a break room with a full kitchen; two mechanical rooms and additional storage round out the interior. An accessible elevator is installed.

The 0.65-acre corner-lot property is in downtown Fergus Falls, near the courthouse, restaurants, shops, and major employers, with access to I-94. A parking area behind the building provides 38 dedicated spaces. Construction materials include block, brick, and frame, with baseboard and forced-air heating and central air conditioning.

Key Highlights

  • 10 private offices on the main floor and two additional offices on the mezzanine
  • Conference room overlooks the main‑floor lobby
  • Original bank vault remains in the building

Property Analytics

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Current Use

Shazam Atm Atm FM BANK Bank

Suggested Use

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - A multi-level layout combines private offices, conference space, a lobby, and a lower-level kitchen and storage.
Where is this office building located?
The property is located at 128 E Washington Avenue 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: 10 private offices on the main floor and two additional offices on the mezzanine; Conference room overlooks the main‑floor lobby; Original bank vault remains in the building
More about this property
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