Home › 123 S Otter Avenue, Parkers Prairie, MN 56361 (MLS# 7149709)

123 S Otter Avenue, Parkers Prairie, MN 56361 (MLS# 7149709)

$145,000
123 S Otter Avenue
Parkers Prairie, MN 56361
MLS# 7149709
6 beds  |  3 baths
123 S Otter Avenue, Parkers Prairie, MN 56361
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Property Description
Commercial building in Parkers Prairie. Building was former RK's Cafe. All cafe equipment has been removed. Large spacious areas for whatever someone can dream up

Details
Maps
Contract Information
Status: Active
Current Price: 145000
Contingency: None
ListPrice: 145000
List Date: 2026-09-25
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1904
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Bedrooms: 6
Baths Total: 3
Foundation Size: 3104
For Sale or Lease: For Sale
Acres: 0.13
Lot Dimensions: 130x90
Assessment Pending: No
Location Tax and Other Information
House Number: 123
Street Direction Prefix: S
Street Name: Otter
Street Suffix: Avenue
Postal City: Parkers Prairie
County: Otter Tail
State: MN
Zip Code: 56361
Complex/Dev/Subdivision: Lakeview Add
Assessments
Tax With Assessments: 2688
Building Information
Building Finished SqFt: 5400
Income and Expenses
Annual Gross Expenses: 3000
Annual Gross Income: 17400
Annual Net Income: 14400
Lease Details
Land Leased: Not Applicable
Lock Box Type
Lock Box Source: ALEX
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 37
Section#: 15
Township#: 131
Sale Options
Sale Includes: Building, Leases
Unit 1
Unit Number: 1
Monthly Rent: 500
Full Baths: 1
Total Bathrooms: 1
Total Bedrooms: 2
Total Rooms: 5
Level: 2nd Level
Leased?: Yes
Lease Expiration Date: 2027-09-25
No. of 1 Bedroom Units: 1
Unit 2
No. of 2 Bedroom Units: 2
Full Baths: 1
Lease Expiration Date: 2027-09-25
Leased?: Yes
Level: 2nd Level
Monthly Rent: 500
Total Bathrooms: 1
Total Bedrooms: 2
Total Rooms: 5
Unit Number: 2
Unit 3
Full Baths: 1
Lease Expiration Date: 2027-09-25
Leased?: Yes
Level: 2nd Level
Monthly Rent: 450
Total Bathrooms: 1
Total Bedrooms: 2
Total Rooms: 4
Unit Number: 3
Unit Details
Total Units: 3
Property Features
Accessible: None
CMU Style: Apartments and Retail
Construction Status: Previously Owned
Current Use: Commercial
Exterior: Brick/Stone
Foundation: Permanent; Stone
Fuel: Electric; Propane
Heating: Baseboard; Forced Air
Loan Terms: Cash
Lock Box Type: Combo
On Site Utilities: Electric Separate
Owner Pays: Insurance; Maintenance/Repair; Sewer; Taxes; Water
Potential Use: Rest/Lounge; Retail
Sewer: City Sewer/Connected
Stories: Two
Water: City Water/Connected

Listing Office: Northstar Lakes Realty

Last Updated: October - 14 - 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. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Friday 16th of October 2026 11:55 PM

218-998-4400

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