1447 Patterson Loop, Fergus Falls, MN 56537
$2,400,000
Property Type:
Commercial
Lot Size (sq. ft.):
75,359
Status:
Active
Current Price:
$2,400,000
List Date:
2/18/2026
Last Modified:
5/27/2026
Overview
Description
Listing Details MLS# 7023314
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Other Parking Spaces
- 10
- Year Built
- 1912
- Yearly/Seasonal
- Yearly
- Zoning
- Business/Commercial
- Foundation Size
- 15000
- For Sale or Lease
- For Sale
- Acres
- 1.73
- Lot Dimensions
- 102000
- Assessment Pending
- No
- Garage Stalls
- 0
Property Features
Accessible:
Other
CMU Style:
Apartments/Multi Family
Construction Status:
Previously Owned
Current Use:
Other
Exterior:
Brick/Stone
Foundation:
Other
Fuel:
Natural Gas
Heating:
Zoned
On Site Utilities:
Electric Separate
Parking Characteristics:
Parking Lot
Sewer:
City Sewer - In Street
Water:
City Water - In Street
Contract Information
- Contingency
- None
- ListPrice
- 2400000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 1447
- Street Name
- Patterson
- Street Suffix
- Loop
- Postal City
- Fergus Falls
- County
- Otter Tail
- State
- MN
- Zip Code
- 56537
- Complex/Dev/Subdivision
- Kirkbride Add
Assessments
- Tax With Assessments
- 1224
- Assessment Balance
- 0
Building Information
- Building Finished SqFt
- 32736
More Information
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 43
- Section#
- 27
- Township#
- 133
Sale Options
- Sale Includes
- Building
Unit Details
- Total Units
- 31
Office/Member Info
- Association
- FMR
Location, Tax and Other Information
- Legal Description
- SECT-27 TWP-133 RANGE-043 KIRKBRIDE ADDN PT LOT 1 BLK 5 LYING SWLY OF DESCRIBED LN COM MOST SLY COR LOT 1 N 46(DEGREES)E 299.73' TO BG N 43(DEGREES)W 132.42' N 9(DEGREES)E 33.88' TO NLY LN LOT 1 & TERM AKA TRACT C
- Listing City
- Fergus Falls
- Map Page
- 999
- Municipality
- Fergus Falls
- School District
- Fergus Falls
- School District Phone
- 218-998-0544
- Zip Plus 4
- 4489
- Property ID Number
- 71003991877001
- Tax Year
- 2025
- Tax Amount
- 1224
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- 31-unit multifamily investment in Fergus Falls, MN. 1447 Patterson Loop offers 18 units; 1628 has 13 units. Originally built in 1920 and fully restored to the studs in 2017 using Historic Tax Credits. Upgrades include tuck-pointed brick, new wiring, plumbing, HVAC, roof, windows, flooring, kitchens, and more. This one-of-a-kind property blends historic charm with modern reliability.
- Directions
- North of I94. North of Hwy 210.
Accessible
- Other
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Brick/Stone
- Yes
Foundation
- Other
- Yes
Fuel
- Natural Gas
- Yes
Heating
- Zoned
- Yes
Parking Characteristics
- Parking Lot
- Yes
Sewer
- City Sewer - In Street
- Yes
Water
- City Water - In Street
- Yes
On Site Utilities
- Electric Separate
- Yes
CMU Style
- Apartments/Multi Family
- Yes
Current Use
- Other
- Yes
Listing Office:
Horizon Real Estate Group
Last Updated: May - 27 - 2026
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