About 315 S Mill Street
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.
Features of 315 S Mill Street
| MLS® # | 7083288 |
|---|---|
| Price | $325,000 |
| Bathrooms | 0.00 |
| Acres | 0.17 |
| Year Built | 1919 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 315 S Mill Street |
|---|---|
| Subdivision | Fergus Falls |
| City | Fergus Falls |
| County | Otter Tail |
| State | MN |
| Zip Code | 56537 |
Amenities
| Utilities | Electric Common |
|---|---|
| Parking | Attached Garage, Parking Lot |
| # of Garages | 3 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Heat Pump |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
Exterior
| Exterior Features | Metal |
|---|---|
| Roof | Age Over 8 Years, Metal |
School Information
| District | Fergus Falls |
|---|
Additional Information
| Days on Market | 109 |
|---|---|
| Zoning | Business/Commercial |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Weichert, Realtors - Paulson Land Co |
|---|