1517 Patterson Loop

For Sale

1517 Patterson Loop, Fergus Falls, MN 56537

This Fergus Falls property for sale is located at 1517 Patterson Loop. The current listed sale price for 1517 Patterson Loop is $600,000. 1517 Patterson Loop is situated on a lot that is 0.93 acre in size.

Contacts

broker
Brian Tulibaski

Horizon Real Estate Group

Property Details

  • Property Type Multi-Family
  • Property Size 297 SF
  • Units 30
  • Lot Size 0.93 Acre
  • Year Built 1912
  • Date Updated May 13, 2025
Discover an exceptional opportunity to invest in the thriving community of Fergus Falls, MN, the county seat of Otter Tail County. The area is enriched with natural beauty, boasting over 1,000 lakes in Otter Tail County alone, providing a picturesque backdrop for residents. Fergus Falls offers a diverse economy with major employers in healthcare, manufacturing, and education, contributing to a robust job market and steady job growth. The region's appeal is further enhanced by cultural attractions and a strong sense of community, making it an enticing prospect for investors seeking to capitalize on the area's growing popularity and economic vitality.Introducing a rare opportunity in Fergus Falls, MN: a historic 297 SF building, boasting 30 units, originally built in 1912. Zoned B-3 and eligible for historic tax credits, this property's potential is enhanced by a renowned architect's design and steel and brick construction. With the flexibility to be converted into multi-family use, this property offers a compelling investment opportunity for a savvy Multifamily / Mid-Rise investor seeking a distinctive and historically significant asset. Don't miss the chance to invest in this unique property with remarkable potential in the heart of Fergus Falls.
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Highlights

  • 297 SF building
  • 30 units
  • Built in 1912
  • Designed by famous architect
  • Historic tax credit eligible
  • Potential for multi-family use
  • Steel and brick construction
  • Zoned B-3

Getting around

  • 19/100

    Walk Score ®

  • 34/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Fergus Falls, MN
  • Zip Code 56537

Points of Interest

  • Casey's General Store

    0.27 miles

  • M & H Gas Station

    1.30 miles

  • Holiday Gas Station

    1.34 miles

  • Olson Oil

    1.59 miles

  • Fleet Farm Gas Station

    1.62 miles

  • Zip Trip

    2.05 miles

  • Arco

    6.05 miles

  • North Parking

    1.15 miles

  • East Parking

    1.23 miles

  • West Parking

    1.25 miles

  • South Parking

    1.27 miles

  • Parking Lot, Valdine WMA

    5.57 miles

  • Parking Lot, Orwell WMA

    6.37 miles

  • Parking Lot,

    7.54 miles

  • Super 8

    1.92 miles

  • Rodeway Inn

    1.94 miles

  • AmericInn by Wyndham Fergus Falls

    1.96 miles

  • Country Inn & Suites

    2.09 miles

  • Comfort Inn

    2.11 miles

  • Sears

    1.18 miles

  • Service Foods

    1.20 miles

  • ALDI

    1.57 miles

  • Kmart

    1.58 miles

  • West Ridge Mall

    1.80 miles

  • Westridge Mall

    1.83 miles

  • Walmart Supercenter

    2.28 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Brian Tulibaski

Horizon Real Estate Group

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