315 S Mill Street Fergus Falls, MN $ 325,000
315 S Mill Street
$ 325,000
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315 S Mill Street

Fergus Falls, MN, 56537
$ 325,000
Bedrooms-- Baths-- Sq 5,400

Monthly Estimate*

$ 2,052

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Commercial Property for sale in Fergus Falls, MN

for $325,000. This 5,400 square foot building was built in 1919 on a lot size of 0.172.

Positioned in the heart of Fergus Falls, this impressive 5400 sq ft office building offers a rare combination of immediate rental income and owner-occupancy potential. Currently configured with multiple office suites, the property is home to four established tenants, providing steady income from day one. An additional office suite-currently used as a law office-is available for lease or owner use, with the potential to be divided into office space for even greater income opportunities. The available suite features excellent street visibility, large windows, and direct street access, making it ideal for professional services, legal, financial, or business offices seeking a prominent downtown presence. There is ample parking surrounding the building, plus the convenience of a 3 stall attached garage. Whether your an investor seeking a solid income-producing property or a business owner looking for office space while offsetting expenses through tenant income, this property offers exceptional flexibility and value.

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Commercial Active

Price

$ 325,000

Property Type

Commercial

Taxes

$ 6,506

Style

Lot Size

0.172

Year Built

1919

Town/City

Fergus Falls

County/Region

Otter Tail

MLS | Web ID

7083288

Features
General
Sewer City Sewer/Connected
Heating Heat Pump
Cooling Central Air
Utilities Electric Common
Roof Age Over 8 Years Metal
Garage Spaces 3
Year Built 1919
Levels One
Tax Year 2025
Current Use Office Professional Service
Accessibility No Stairs Internal
County Otter Tail
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name Fergus Falls
Possible Use Office Income
Directions 315 S Mill St
City Fergus Falls
High School District Fergus Falls
Zoning Description Business/Commercial
Number Of Units Total 5
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 6506
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement None
Basement (Y/N) N
Total Bedrooms 0
Total Baths 0
Foundation Dimensions 108 x 50
Fuel Electric
Garage Dimensions 32 x 40
Garage Square Feet 1280
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Exterior
Parking Features Attached Garage Parking Lot
Water Source City Water/Connected
Inclusions Building Land
Lot Size Area 0.172
Building Area Total 5400
Lot Dimensions 50 x 150
Waterfront Y/N N
Foundation Area 5400
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Internal Only
Street Number 1 315
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* Excluded Features
List By
Steve Young

Listing Agent

Battle Lake - Weichert, Realtors® - Paulson Land Company

Broker

Affordability Calculator

$2,594
Per Month
79%
21%
0%
Monthly Principal & Interest
$2,052
Monthly Property Taxes
$542
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3048809 Elementary School
3048349 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/5/2026$325,000 Listed Price

Map


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315 S Mill Street, Fergus Falls, MN, 56537 is a Commercial Property for sale at $325,000 with 5,400 sqft and a lot size of 0.172. 315 S Mill Street was built in 1919. The property's zip code is 56537 which is in Fergus Falls, MN