20 days on rocket

54 1st St, Pelican Rapids, MN, 56572

$599,000

Home List Price

$7,113*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
5,844 SqFt
$103/SqFt
House
Schools Nearby

Location

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54 1st St, Pelican Rapids$599,000

Buyer Closing Credits

$7,113*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGravel, Driveway - Other Surface
Year Built1912
HeatingSteam, Forced Air, Fireplace(s), Radiant Floor
CoolingCentral Air
BasementYes
WaterfrontRiver Front
FireplaceBrick
ViewRiver
MLS #6516401
StatusActive

About 54 1st St

UPTOWN IN A SMALLTOWN - LUXURY LIVING ON THE RIVER! For the first time in Pelican Rapids history, a Modern-Industrial-Home-Design has been brought to lux life! This is a must see in person to appreciate. History preserved with tasteful wow factors around every corner. This recently renovated and immensely loved commercial property has been granted a Special Use Permit for residential living on the second level. Looking to diversify? Not only could this be your next dream home, but the mixed-use classification gives this property several income producing “could be” options for the next business entrepreneur; office space, riverside food and drink service, retail, large group entertaining, storage rental, or high-end VRBO with views, sounds, and private access to the Pelican River.

Property Details

Property Features

Property Information:

  • Year Built: 1912
  • Living Area: 5,844 SqFt

Listing Office:

  • Office Name: Re/Max Advantage Plus

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Oven, Washer, Water Softener
  • Basement: Yes
  • Fireplace: Brick

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: River Front
  • View: River

Parking Information:

  • Parking: Gravel, Driveway - Other Surface

Virtual/3D Tour

  • Virtual Tour: 54 1st St

Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot, Irregular Lot, Some Trees

Utilities

Utilities Information:

  • Heating: Steam, Forced Air, Fireplace(s), Radiant Floor
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Pelican Rapids Secondary School, Public District Grades 7-12
  • Viking Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: In Pelican Rapids at 54 NW 1st St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,000
  • Price Per SqFt: $103/SqFt
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MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6516401

Listing Office:

  • Office Name: Re/Max Advantage Plus

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Property Sales & Tax

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3260932
4
/10
  • Viking Elementary School

  • 1 Viking Dr

  • 0.51 miles

  • Public District Grades PK-6

High School

school-card-donut-3260933
6
/10
  • Pelican Rapids Secondary School

  • 310 S Broadway

  • 0.31 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,161. The most common annual income of people living in Otter Tail County, MN is less than $35k. Typical family type is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 54 1st St

What is the listing price of this property?

The listing price of 54 1st St property is $599,000.

What type of property is this?

The property 54 1st St is a house located in Pelican Rapids, Minnesota, 56572.

Is this property for sale now?

Active Listing: 54 1st St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 54 1st St are:
Viking Elementary School: GreatSchools Rating 4/10
Pelican Rapids Secondary School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 54 1st St has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 54 1st St is 5,844 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 54 1st St is 1912.

Rocket HomesMinnesotaOtter Tail CountyPelican Rapids5657254 1st St

This home is located at 54 1st St in Pelican Rapids, MN and zip code 56572. This 5,844 square foot home was built in 1912. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 09, 2024 and is currently priced at $599,000.

While more than 5 listings in Otter Tail County, MN in March 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 27 were sold below. The number of listings in Otter Tail County, MN increased by 28.2% between February 2024 and March 2024. While the average time on the market in March 2024 was 63 days, the median list price was $272,966.

From Rocket Homes Real Estate and based on county public records data.

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