Perham, MN 56573

New Listing
$220,000
Property Type: Commercial Lot Size (sq. ft.): 3,485 Status: Active
Current Price: $220,000 List Date: 7/04/2026 Last Modified: 7/04/2026

Overview

Description

Prime Commercial Opportunity in Heart of Thriving Downtown Perham! Location is everything, and this phenomenal property sits right in the absolute heart of Perham, MN—a booming, upbeat community with a thriving downtown district. Currently operating as a beloved local movie theater, this versatile building offers incredible real estate footprints and rare flexibility for its next chapter. Bring your vision and launch a brand-new concept in a high-traffic, pedestrian-friendly zone, or step into an established entertainment business with the potential to keep the current operation running. The spacious, wide-open layout provides a blank canvas perfectly suited for retail, a unique restaurant/hospitality venture, an event venue, or a creative mixed-use space. Don't miss the chance to anchor your business or investment portfolio in one of the area's most vibrant and growing communities. Schedule your private tour today and explore the endless possibilities!

Listing Details MLS# 7103692

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
3
Waterfront YN
No
Year Built
1910
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
2912
For Sale or Lease
For Sale
Acres
0.08
Lot Dimensions
28 x 125
Assessment Pending
No
Garage Stalls
0

Property Features

Accessible: None Air Conditioning: Central Air Basement: Concrete Block CMU Style: Business Opportunity; Common Wall; Other Construction Materials: Brick Construction Status: Previously Owned Current Use: Commercial Exterior: Brick/Stone Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler Location Description: Downtown On Site Utilities: None Available Parking Characteristics: None Road Frontage: City Street Sewer: City Sewer/Connected Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
220000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

Postal City
Perham
County
Otter Tail
State
MN
Zip Code
56573
Complex/Dev/Subdivision
Village/Perham

Assessments

Tax With Assessments
2658
Assessment Balance
0

Basement

Foundation Dimensions
104 28
Concrete Block
Yes

More Information

Building Information

Building Finished SqFt
2912

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
39
Section#
14
Township#
136

Sale Options

Sale Includes
Building

Unit Details

Total Units
Yes

Office/Member Info

Association
LCAR

Location, Tax and Other Information

Legal Description
SECT-14 TWP-136 RANGE-039 ORIGINAL PLAT-PERHAM NELY 28' OF LOT 11 EX NWLY 25' BLK 13 & PT LOT 12 BLK 13 ORIG PLAT PERHAM, COM S COR BLK 13, N 39D E 100.09', CONT N 39D E .21' TO PT BG, N 50D W 37.40', S 50D E 37.40', N 39D E .21' TO BG
Listing City
Perham
Map Page
999
Municipality
Perham
School District
Perham-Dent
School District Phone
218-346-4501
Zip Plus 4
1531
Property ID Number
77000990103000
Tax Year
2025
Tax Amount
2658
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Prime Commercial Opportunity in Heart of Thriving Downtown Perham! Location is everything, and this phenomenal property sits right in the absolute heart of Perham, MN—a booming, upbeat community with a thriving downtown district. Currently operating as a beloved local movie theater, this versatile building offers incredible real estate footprints and rare flexibility for its next chapter. Bring your vision and launch a brand-new concept in a high-traffic, pedestrian-friendly zone, or step into an established entertainment business with the potential to keep the current operation running. The spacious, wide-open layout provides a blank canvas perfectly suited for retail, a unique restaurant/hospitality venture, an event venue, or a creative mixed-use space. Don't miss the chance to anchor your business or investment portfolio in one of the area's most vibrant and growing communities. Schedule your private tour today and explore the endless possibilities!
Directions
From Main street Go south on 1st ave.

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Construction Materials

Brick
Yes

Construction Status

Previously Owned
Yes

Exterior

Brick/Stone
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Boiler
Yes

Parking Characteristics

None
Yes

Road Frontage

City Street
Yes

Sewer

City Sewer/Connected
Yes

Water

City Water/Connected
Yes

On Site Utilities

None Available
Yes

CMU Style

Business Opportunity
Yes
Common Wall
Yes
Other
Yes

Current Use

Commercial
Yes

Location Description

Downtown
Yes
IDX
Listing Office: eXp Realty
Last Updated: July - 04 - 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.