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COMMERCIAL BUILDING FOR SALE
 
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Commercial property near Ottertail and Perham, MN
          with frontage on Highway 78.
 
Location:  36961 State Hwy. 78 – Ottertail, MN
 
Property Note: This property includes 1.75 acres with approximately 165 feet of highway frontage on Highway 78.  There is a 7,000 +/- square foot building, which contains 3 one bedroom, one bath apartments, and one 3,500 square foot unit that is currently being used as living space. 
 
Contact:  Lindsey Brown at 701.371.5538 for more information or Pifer’s Auction & Realty at 877.700.4099 for a complete catalog.
 
Property Information:
Address: 36961 State Highway 78, Ottertail, MN 56571
Acres:  1.75
Legal: 1.75 ACRES LOCATED IN THE NE1/4 OF NE1/4 COM NE COR SEC 22 S 125.08' TO BG N 87 DEG W 265' N 2 DEG E 125' N 87 DEG W 95.57' S 3 DEG W 302.26' S 88 DEG E 374.15' N 171.24' TO BG EX HIGHWAY R/W, IN SECTION 22, TOWNSHIP 135, RANGE 39, OTTERTAIL COUNTY, MINNESOTA.
Parcel #: 53000220136003
Taxes & Specials (2012): $1,646.00
Estimated annual property insurance (annually) $1,500.00
Estimated utility costs (electric, sewer, water, & LP gas) $6,000.00
 
This property is clean, well maintained, attractive, and zoned commercial.  It is located 5 ½ miles south of Perham, MN on Highway 78, or 4.5 miles north of Ottertail, MN.
 
This property includes 1.75 acres with approximately 165 feet of highway frontage on Highway 78.  There is a 7,000 +/- square foot building, which contains 3 one bedroom, one bath apartments, and one 3,500 square foot unit that is currently being used as living space.  The larger living space could be remodeled into 2 additional apartment units.  There is also a large paved parking lot and potential office (formerly used by Sunnybrook Auto).  This property provides excellent highway exposure, easy access, and is located in the middle of “lake country”.
 
A ll 3 apartments are leased out till the end of 2013 for $675 per month.
There is room for an additional 3 apartments (over 1,000 Sq. ft. like the others)
(Financial information will be provided at buyer’s request).  The current owner received rental income of $22,000 in 2012. 
 
Personal property included with the sale: Bar, projector, mirrors, appliances located in the apartment units. (excluding those owned by renters).
 
Personal property excluded:   Steel framed fabric shelled storage building, Shelving racks, and two steel storage containers.
 
Pifer’s Auction & Realty obtained information from sources deemed reliable, but does not guarantee its accuracy. Pifer’s encourage due diligence of property and related information by prospective buyers. Pifer’s Auction & Realty, 1506 29th Ave South, Moorhead, MN 56560.