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Jenn Smart

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128 E Washington Ave , Fergus Falls, MN 56537
$875,000
Est. Payment: $4,481.25/mo
0 Bed
0 Bath
14527 Sqft
Status: Active | Days on site: 405
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House Description

Seize the opportunity to own an iconic commercial property in the heart of downtown Fergus Falls. This well-maintained corner-lot building offers an unbeatable combination of location, space, and flexibility — ideal for a wide range of business uses or redevelopment visions. Situated just steps from the courthouse and surrounded by restaurants, shops, and major employers, this high-visibility site also offers quick access to I-94. With 38 dedicated parking spaces located conveniently behind the building, your staff and clients will appreciate the easy accessibility. Inside, the main level welcomes you with an expansive, light-filled lobby framed by large windows — perfect for a reception area, showroom, or collaborative workspace. Ten private offices line the perimeter, providing functional space for teams, client consultations, or professional services. A unique highlight: the original bank vault remains, adding a distinctive touch of character and security. The mezzanine level overlooks the main lobby and includes a spacious conference room and two additional offices — ideal for executive suites or breakout areas. The lower level offers even more functionality, featuring ample work or storage space, three restrooms, and a fully-equipped break room with a full kitchen — a rare amenity in commercial properties. Additional highlights include two mechanical rooms and abundant storage, making the space as practical as it is versatile. With solid construction, thoughtful design, and a location that can’t be beat, this property is ready to support your next business venture, professional expansion, or creative redevelopment. Don’t miss this rare downtown opportunity.

Highlights

Listed by Andrew Yaggie , 701-212-5263 Andrew Yaggie Real Estate , 218-332-0700. Minneapolis/St. Paul and St. Cloud - Northstar MLS

Property Type

Commercial Sale

Lot/Acreage
0.65

Year Built

1957

County

Otter Tail

School District

Fergus Falls

Listing ID

6763746

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Appliances:Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Air Cond:Central Air
Fireplaces:
Basement:Block,Finished,Full,Storage Space
Water:City Water/Connected

Exterior Features

Lot:Corner Lot
Lot Dimensions:100x284
Zoning:Business/Commercial
Roof:Flat
Sewer:City Sewer/Connected
Parking Features:Asphalt,Parking Lot,Paved Lot,Open
Principal Interest
$4,481
Taxes
$1,826

Home Price

$875,000

Loan Details

30 yrs
6.623%

Down Payment

20%
$175,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,481.25

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,481.25 $1,825.75 $0.00 $6,307.00
Yearly $53,775.01 $21,909.00 $0.00 $75,684.01
Total $1,613,250.39 $657,270.00 $0.00 $2,270,520.39
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So-Crates Johnson
Dust, Wind, Dude
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The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-10T11:04:07.000Z

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