1517 Patterson Loop, Fergus Falls, MN 56537
$600,000
Property Type:
Commercial For Sale
Lot Size (sq. ft.):
40,511
Status:
Active
Current Price:
$600,000
List Date:
4/15/2025
Last Modified:
9/12/2025
Description
Multifamily or mixed-use redevelopment opportunity eligible for 40% Federal and State Historic Tax Credits. Built in 1931 and designed by renowned architect Clarence H. Johnston, this steel-frame brick building is located on the former Fergus Falls State Hospital campus, where several adjacent buildings have already been successfully redeveloped.
More Information MLS# 25-312
Contract Information
Property Name: 1517 Patterson Loop
Owner/Agent: Yes
Current Price: $600,000
Begin Date: 2025-04-15
Price: 600000
General, Tax & Legal
Building Size (SF): 30900
Taxes: 0
Spec Inst: 0
Spec Unpd: 0
Drain: 0
Type
Investment Property: 1
Multi-Family: 1
Location
Address #: 1517
Street Name: Patterson
Street Suffix: Loop
County: Otter Tail
State/Province: MN
Postal Code: 56537
General Tax Legal
Parcel No.: 71003991877000
Year Built: 1920
Lot Size (SF): 40511
Lot Acres: 0.93
Status Change Info
Status: Active
Property Features
Type: Investment Property; Multi-Family
Documents
Drawings of Building ›
Listing Office:
Horizon Real Estate Group
Office Email: David@horizonfargo.com
Last Updated: September - 12 - 2025
Information deemed reliable but not guaranteed.