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2066 College Way, Fergus Falls, MN 56537

$349,900

Property Type: Commercial Lot Size (sq. ft.): 27,443 Status: Active

Current Price: $349,900 List Date: 4/08/2026 Last Modified: 6/05/2026

Overview

Description

Position your business for visibility and growth with this standout commercial opportunity on the highly traveled west end of Fergus Falls along College Way, offering seamless access to I-94 and a daily traffic count nearing 6,000 vehicles. Set on a .63 acre lot, this versatile property is built to perform, featuring a 2,700 sq ft main building perfectly suited for office, retail, or light industrial use, complemented by a 2,400 sq ft rear building offering cold storage with three oversized bays and an insulated office space. Whether you are expanding your operation or adding a strategic asset to your portfolio, this property delivers flexibility, functionality, and exposure in one compelling package.

Listing Details MLS# 7051324

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 12
Waterfront Present: No
Year Built: 1974
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 2782
Garage Stalls: Yes
Power Company: Ottertail Power
For Sale or Lease: For Sale
Acres: 0.63
Lot Dimensions: Irregular
Assessment Pending: No

Property Features

Accessible: None Air Conditioning: Central Air Basement: None CMU Style: Office; Storage Unit Construction Materials: Frame Construction Status: Previously Owned Current Use: Office; Retail Exterior: Metal Foundation: None Fuel: Natural Gas Heating: Forced Air Loan Terms: Cash; Conventional; FHA; Rural Development; USDA; VA Location Description: Other/See Remarks Lock Box Type: SentriLock On Site Utilities: Electric Common; Heating Common Overhead Door Clearance: 10-14 Feet Owner Pays: All Utilities Parking Characteristics: Parking Lot Potential Use: Office; Retail; Shop; Warehouse Road Frontage: City Street; Paved Streets Road Responsibility: Public Maintained Road Roof: Metal Sewer: City Sewer/Connected Tenant Pays: None Topography: Level Water: City Water/Connected

Contract Information

Contingency: None
ListPrice: 349900
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 2066
Street Name: College
Street Suffix: Way
Postal City: Fergus Falls
County: Otter Tail
State: MN
Zip Code: 56537

Assessments

Tax With Assessments: 2266
Assessment Balance: 0

Building Information

Building Finished SqFt: 2782

More Information

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: GLAR
SentriLock: Yes

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 2424
Parking Lot: Yes

Public Survey Info

Range#: 43
Section#: 33
Township#: 133

Sale Options

Sale Includes: Building

Unit Details

Total Units: 2

Office/Member Info

Association: GLAR

Location, Tax and Other Information

Legal Description: SECT-33 TWP-133 RANGE-043 .63 AC PT SW1/4 NW1/4 BG 515' W OF SE COR, N 210.19' E 14' N 134.95' E 86', S 326.25' W 100' TO BG EX HWY R/W
Listing City: Fergus Falls
Map Page: 999
Municipality: Fergus Falls
School District: Fergus Falls
School District Phone: 218-998-0544
Zip Plus 4: 8212
Property ID Number: 71003500195042
Tax Year: 2026
Tax Amount: 2266
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Position your business for visibility and growth with this standout commercial opportunity on the highly traveled west end of Fergus Falls along College Way, offering seamless access to I-94 and a daily traffic count nearing 6,000 vehicles. Set on a .63 acre lot, this versatile property is built to perform, featuring a 2,700 sq ft main building perfectly suited for office, retail, or light industrial use, complemented by a 2,400 sq ft rear building offering cold storage with three oversized bays and an insulated office space. Whether you are expanding your operation or adding a strategic asset to your portfolio, this property delivers flexibility, functionality, and exposure in one compelling package.
Directions: Head W onto W Lincoln Ave and turn NW onto College Way and then N into the property.

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Basement

None: Yes

Construction Materials

Frame: Yes

Construction Status

Previously Owned: Yes

Exterior

Metal: Yes

Foundation

None: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Owner Pays

All Utilities: Yes

Road Frontage

City Street: Yes
Paved Streets: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Metal: Yes

Sewer

City Sewer/Connected: Yes

Topography

Level: Yes

Water

City Water/Connected: Yes

Tenant Pays

None: Yes

On Site Utilities

Electric Common: Yes
Heating Common: Yes

CMU Style

Office: Yes
Storage Unit: Yes

Current Use

Office: Yes
Retail: Yes

Loan Terms

Cash: Yes
Conventional: Yes
FHA: Yes
Rural Development: Yes
USDA: Yes
VA: Yes

Location Description

Other/See Remarks: Yes

Overhead Door Clearance

10-14 Feet: Yes

Potential Use

Office: Yes
Retail: Yes
Shop: Yes
Warehouse: Yes

Listing Office: Keller Williams Realty Professionals

Last Updated: June - 05 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.