40 2nd Street NW, Pelican Rapids, MN 56572
$138,500
Property Type:
Land
Lot Size (sq. ft.):
21,780
Status:
Active
Current Price:
$138,500
List Date:
4/12/2026
Last Modified:
7/10/2026
Overview
Description
Listing Details MLS# 7053685
General Property Information
- Comp Sale YN
- No
- Development
- No
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Plat Recorded
- Yes
- Waterfront YN
- No
- Yearly/Seasonal
- Yearly
- Zoning
- Business/Commercial
- Lot Dimensions
- 150x150
- Acres
- 0.5
- Assessment Pending
- No
- Association Fee
- 0
Property Features
Available Utilities:
Electricity Available; Electricity Connected; Underground Utilities Available; Water Available; Water Connected
Development Status:
Other
Improvements:
Public Road; Storm Sewer
Land Inclusions:
None
Lock Box Type:
Combo
Sellers Terms:
Cash; Contract for Deed; Conventional
Topography:
Level
Contract Information
- Contingency
- Sale of Another Property
- Original List Price
- 138500
- ListPrice
- 138500
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 40
- Street Name
- 2nd
- Street Suffix
- Street
- Street Direction Suffix
- NW
- Postal City
- Pelican Rapids
- County
- Otter Tail
- State
- MN
- Zip Code
- 56572
- Complex/Dev/Subdivision
- Frazees 1st Add
Assessments
- Tax With Assessments
- 1404
- Assessment Balance
- 0
Builder Information
- Builder Restrictions
- Open
More Information
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 43
- Section#
- 27
- Township#
- 136
Office/Member Info
- Association
- LCAR
Location, Tax and Other Information
- AssocFeeYN
- No
- Legal Description
- SECT-27 TWP-136 RANGE-043 PT N1/2 NW1/4 SEC 27 COM NW COR LOT 6 BLK 3 FRAZEES 1ST ADDN W 66' S 150' TO BG S 150' W 150' N 150' E 150' TO BG
- Listing City
- Pelican Rapids
- Map Page
- 999
- Municipality
- Pelican Rapids
- School District
- Pelican Rapids
- School District Phone
- 218-863-5910
- Zip Plus 4
- 7110
- Property ID Number
- 76000270038001
- Tax Year
- 2025
- Tax Amount
- 1404
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- Commercial property featuring two heated buildings (60x35 and 31x31) along with one cold storage building. Previously utilized as welding and mechanic shops, this versatile space offers endless potential for various uses. Featuring garage space for eight or more vehicles at a time. An office and half bathroom are located in the main/largest building. This space is currently equipped with a natural gas furnace, and a wood burning stove, providing options for your heat source. Additionally, there is ample space on this generous half-acre lot to potentially add another building.
- Directions
- Turn South onto 2nd St NW. Property will be on the right side.
Development Status
- Other
- Yes
Insurance Fee
- Insurance Fee
- 0
Lock Box Type
- Combo
- Yes
Restriction/Covenants
- None
- Yes
Sellers Terms
- Cash
- Yes
- Contract for Deed
- Yes
- Conventional
- Yes
Topography
- Level
- Yes
Available Utilities
- Electricity Available
- Yes
- Electricity Connected
- Yes
- Underground Utilities Available
- Yes
- Water Available
- Yes
- Water Connected
- Yes
Improvements
- Public Road
- Yes
- Storm Sewer
- Yes
Land Inclusions
- None
- Yes
Listing Office:
HomeSmart Adventure Realty
Last Updated: July - 10 - 2026
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