Pending
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Pending

$375,000

0 Beds 1 Baths 5,110 SQFT 0.06 Acres
Type: Pending

114 1st Ave S
Perham, MN 56573

MLS#: 6786413
Tim Marsolais
Tim Marsolais
The Real Estate Advantage
REALTOR®
Phone: 952.212.1743
Office: 952.758.4464
Presented by: Jack Chivers Realty

Property Description

 

COMMERCIAL SPACE – DOWNTOWN PERHAM! Move-In Ready, Full of Character, and perfectly located in the Heart of Downtown Perham—just steps from Main Street. Spanning 2,555 SqFt, this Open-Concept Space is as Move-In-Ready as they come. Highlights include Hardwood Floors, Exposed Brick Walls, Large Display Windows, and 10-Foot Ceilings with beautifully Restored Pressed Tin Tiles. The layout features a Spacious Retail Area, Large Back Room, Private Office, and a Full Basement ideal for storage. Rear Alleyway Access provides added convenience for deliveries or staff entry. Whether you’re launching a new venture, relocating an existing business, or looking for a Turnkey Investment, this property offers Endless Possibilities in one of Minnesota’s most vibrant small-town settings.


 

Interior Features

Bedrooms

Total Bedrooms0

Bathrooms

Total Baths1

Other Interior Features

BasementFull, Storage Space, Unfinished
Basement (Y/N)Yes
Ceiling Height11-15
Foundation Dimensions35 x 73
FuelElectric, Natural Gas

General

AccessibilityOther
Additional Parcels Y/NNo
Amenities UnitCeiling Fan(s), Hardwood Floors
AppliancesGas Water Heater
CityPerham
Construction MaterialsBrick
ContingencyNone
CoolingCentral Air
CountyOtter Tail
Current UseCommercial, Retail
DirectionsHead South on Main Street in Perham until 1st Ave, then turn right. The property will be the second building on the right side.
Garage Spaces0
Gross Income18600
HeatingForced Air
High School DistrictPerham-Dent
Land Lease Y/NNo
Lender OwnedNot Disclosed
LevelsOne
Lot Size UnitsAcres
Net Operating Income15328
New ConstructionNo
Number Of Units Total1
Operating Expense3272
OwnerPaysTaxes
Possible UseProfessional Service, Retail, Diversified
PostalCityPerham
Property TypeCommercial Sale
RoofRubber
SewerCity Sewer/Connected
Standard StatusPending
Tax Annual Amount$3,170
Tax Year2025
Tenant PaysAll Utilities, Cable TV, Electricity, Gas, Grounds Care, Maintenance, Telephone, Sewer, Trash Collection, Water
UtilitiesElectric Common, Heating Common, Hot Water Common
Year Built1896
Zoning DescriptionBusiness/Commercial

Exterior

Building Area Total5,110 sqft
Foundation Area2,555 sqft
InclusionsBuilding, Fixture/Equipment, Land
Lot Dimensions35 x 75
Lot Size Area0 sqft
Parking FeaturesOn-Street Parking Only
Road Frontage TypeCity Street, Sidewalks, Street Lights
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School N/A
Elementary School N/A
High School N/A

  

Similar Properties

$375,000

0 Beds 1 Baths 5,110 SQFT 0.06 Acres
Type: Pending

114 1st Ave S
Perham, MN 56573

MLS#: 6786413
Tim Marsolais
Tim Marsolais
The Real Estate Advantage
REALTOR®
Phone: 952.212.1743
Office: 952.758.4464