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Office Building with Upper Apartment
For Sale
$149,900
Pending

218 E Washington Ave, Fergus Falls, MN 56537

Well maintained office building with an upper-level apartment, plus a separate rear entrance for additional space and off-street parking.

Property SizeContact for details
Days on Market92

Property Features for 218 E Washington Ave

General Information

Standard status Pending

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $2,574
Listing Agency: Keller Williams Realty Professionals
Listed By: Ryan Hanson · License #1104
Source: Exprealty
Added: Jun 8 Changed: Aug 8 Last Checked: Jul 30 at 1:41PM

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 Keller Williams Realty Professionals

Investment Insights

Based on property information with market context.

This well maintained office building offers a flexible live-work style layout with an upper-level apartment and office space on the main level. The lower level includes a separate rear entrance, which can support an additional tenant, private office use, or expanded business use. A rear concrete parking lot provides convenient off-street parking.

Located at 218 E Washington Ave in Fergus Falls, MN, the property sits within a high visibility professional area surrounded by established business properties.

The arrangement includes distinct access for the lower level via the rear entrance and dedicated parking at the rear, creating practical separation between the office portion and the apartment.

Key Highlights

  • Well‑maintained office building with an upper‑level apartment.
  • Main level office space with an upper‑level apartment for flexible living and working arrangements.
  • Separate rear entrance on the lower level for additional tenant use, private office space, or expanded business use.

Property Analytics

Current Use

Northwestern Mutual Financial Advisor

Suggested Use

Top Pick Restaurant Building Supply Big Box & Wholesale Store Storage Facility Auto Parts Store Kitchen & Bath Showroom

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,099
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
Rey
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Frequently Asked Questions

What type of property is this?
Live-work space - Well maintained office building with an upper-level apartment, plus a separate rear entrance for additional space and off-street parking.
Where is this live-work space located?
The property is located at 218 E Washington Ave Fergus Falls, MN.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Well‑maintained office building with an upper‑level apartment.; Main level office space with an upper‑level apartment for flexible living and working arrangements.; Separate rear entrance on the lower level for additional tenant use, private office space, or expanded business use.
More about this property
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