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123 S Otter Avenue, Parkers Prairie, MN 56361

Lakeview Add · Otter Tail County

Key Facts

5Beds
3Baths
1904Year Built
0.13Lot (acres)
2Stories

Description

Here's a chance to own a large building and have your mortgage nearly paid for with 3 rental units on upper level. All units are currently rented. Building would be great for retail or whatever the heart desires. Things just got better for this unit. Owner says due to a water line leak they had Service Master in and remove all floor coverings, a wall that didn't need to be there. Everything needed for a new owner to complete a remodel. ($30000.00 worth of cleanup) All remaining fixtures and appliances from cafe have been removed.

Property Information

Property Type

Commercial Sale

Year Built

1904

Stories

2

Lot Size

0.13 acres

Lot Dimensions

130x90

Zoning

Business/Commercial

Days on Market

1092

MLS® Listing#

6257640

Property Features

Cooling

Window Unit(s)

Heating

Forced Air

Basement

Full

Foundation

Stone

Roof

FlatTar/Gravel

Sewer

Public Sewer

Water Source

Public

Financial Details

Annual Taxes

$2,682

Parcel Number

75000990270000

Directions

Hwy 29 Parkers Prairie

Affordability Calculator

$29,000

Estimated monthly payment

$772/mo

Principal $116,000 · Est. interest $161,830 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Parkers Prairie, MN

$488,312
Median Listing Price
80
Median Days on Market
2,483
Median Sq Ft
$208
Median Price / Sq Ft
356
Active Listings
  • This home’s price is 70% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Parkers Prairie, MN.

Location

Map showing the location of 123 S Otter Avenue, Parkers Prairie, MN 56361

Points of Interest in Parkers Prairie, MN

Showing the Parkers Prairie area map.

Nearby Schools

  • Parkers Prairie High School

    Secondary · 0.2 mi away

  • Parkers Prairie Secondary

    Secondary · 0.2 mi away

  • Parkers Prairie Elementary

    Elementary · 0.3 mi away

  • Miltona Elementary

    Elementary · 7.8 mi away

  • Carlos Elementary School

    Elementary · 12.3 mi away

  • Henning Public School

    School · 12.9 mi away

  • Henning Secondary

    Secondary · 12.9 mi away

  • Bertha Hewitt Schools

    School · 14.9 mi away

  • Bertha Secondary

    Secondary · 14.9 mi away

  • Garfield Elementary School

    Elementary · 16.5 mi away

  • New Testament Christian School

    School · 16.7 mi away

  • New Testament Church

    School · 16.7 mi away

  • Voyager Elementary School

    Elementary · 16.9 mi away

  • Discovery Middle School

    Secondary · 17.7 mi away

  • Brandon High School

    Secondary · 18.2 mi away

  • Brandon-Evansville School

    Secondary · 18.2 mi away

  • Zion Lutheran Church

    School · 18.3 mi away

  • Zion Lutheran School

    School · 18.3 mi away

  • St Marys School

    School · 18.5 mi away

  • Early Education Center

    School · 19.1 mi away

Commute Calculator

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EXIT Agents in Parkers Prairie

Listing Courtesy: Northstar Lakes Realty - 3207603836

Presented by: Donald Rubner

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than EXIT Realty are marked with the listing office name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by FargoMoorhead. MLS® Listing#6257640. © 2026EXIT Realty®. All rights reserved.