Retail

Parkers Prairie, MN Retail Space for Sale

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Miltona, MN Carlos, MN Alexandria, MN
Mixed-Use Building with Rental Income
Updated: Sep 8, 2022
Mixed-Use Building with Rental Income

123 S Otter Avenue, Parkers Prairie, MN 56361

$145,000
5,400 sqft · 0.13 AC lot
Three rental units on the upper level provide income to offset the mortgage.
Large building suitable for retail or other commercial use.
Recent professional cleanup by Service Master due to a water line leak, creating a blank canvas for remodeling.
Significant cleanup work completed, valued at $30,000.
All remaining fixtures and appliances from the former cafe have been removed.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Parkers Prairie, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Retail Building with City Utilities
Retail Building with City Utilities

111 Union St W, Detroit Lakes, MN 56501

$174,900

Formerly used as a pet grooming business in a versatile downtown retail building served by city water and sewer.

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Commercial Property in Alexandria, MN
Commercial Property in Alexandria, MN

310 34th Ave W, Alexandria, MN

$2,250,000
49,600 sqft · 5.53 AC lot

49,000 SF retail/warehouse space available for sale or lease.

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Highway 10 Shop with Acreage
Highway 10 Shop with Acreage

TBD 28428 US-10, Detroit Lakes, MN 56501

$699,000
4,080 sqft · 2.00 AC lot

4,000+ sqft shop on 2 acres with highway frontage.

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Premier Mixed-Use Retail Space
Premier Mixed-Use Retail Space

317 Broadway Street, Alexandria, MN 56308

Contact for pricing

Upscale retail spaces in Alexandria's vibrant downtown district.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime PUD-Zoned Land Opportunity
Prime PUD-Zoned Land Opportunity

3229 State Road 207, Elkton, FL 32033

$1,599,000
900 sqft · 2.07 AC lot

2.07 acres of PUD-zoned land in a growing corridor.

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Parkers Prairie, MN Retail Space Market Trends and Statistics

Explore 1 retail space for sale in Parkers Prairie, MN on our real estate platform. These investment opportunities span a total of 5,400 square feet of properties for sale, with an estimated market value of $145,000.

Sale prices for retail space in Parkers Prairie, MN start at $145,000, averaging $145,000, and reaching up to $145,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 2,590
Population Growth (5Y) +13.0%
Median Household Income $69,896
College Educated 14.3%

Taxes & Financing

Tax Rate (average for all types) 2.01%
Property Tax per SF $14.30 per SF
Tax Rate vs County Average 0.26 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Otter Tail County

New Delisted

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