Historic Specialty
505 Summit Ave, Detroit Lakes, MN 56501
For Sale
$599,000
Three-level configuration includes two floors above grade and a full basement, with updated building systems and restored wood interiors.
Property Size10,580 SF
Price / SF$56.62
Days on Market11
Property Features for 505 Summit Ave
General Information
Standard status
Size
Elevators
Site & Location
Highway Access
Road Access
Utilities to Site
Taxes and HOA fees
Annual Taxes
Building Details
Buildings
Stories
Listing Agency:
REMAX Lakes Region
(218) 844-5253
Listed By:
Lisa Jasken · License #40270113
(218) 841-8211
Source:
Exprealty
Added: Oct 30
Changed: Nov 8
Last Checked: Nov 8 at 5:31PM
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 REMAX Lakes Region
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Investment Insights
Based on property information with market context.
The historic Holmes/Hartman property at 505 Summit Ave comprises two above-ground stories and a full basement, with 10,580 square feet reported. Interior work includes ice-blasted wood and two white oak staircases serving the upper floor, which has a stage. A historic elevator and scale remain in place. Blueprints and renderings are available for review.
Building improvements include 400-amp, three-phase electrical service, a 6-inch water line, an 8-inch sewer line, natural gas, thermal-pane windows, and an EPDM roof with R-32 insulation. Exterior masonry work included repointing, treatment of the upper courses, and stainless-steel wire reinforcement around the top of the building.
The property is near Highway 10 at Summit Avenue. Parking options are available.
Building improvements include 400-amp, three-phase electrical service, a 6-inch water line, an 8-inch sewer line, natural gas, thermal-pane windows, and an EPDM roof with R-32 insulation. Exterior masonry work included repointing, treatment of the upper courses, and stainless-steel wire reinforcement around the top of the building.
The property is near Highway 10 at Summit Avenue. Parking options are available.
Key Highlights
- Two above‑ground stories plus a full basement; 10,580 square feet reported
- 400‑amp, three‑phase electrical service
- 6‑inch water line and 8‑inch sewer line
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,135
Businesses Nearby
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Business Placement
Demographics for 56501, MN
17,784
Population
10,271
Households
1.7
Avg Household Size
44
Median Age
32%
College-Educated
94%
High-School Grad
186.9 sq mi
ZIP Area
95
Density / Sq Mi
$68,980
Median Household Income
$40,068
Median Earnings
$942
Median Rent
$286,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Specialty property - Three-level configuration includes two floors above grade and a full basement, with updated building systems and restored wood interiors.
Where is this specialty property located?
The property is located at 505 Summit Ave Detroit Lakes, MN.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two above‑ground stories plus a full basement; 10,580 square feet reported; 400‑amp, three‑phase electrical service; 6‑inch water line and 8‑inch sewer line
