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
Overview
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.
Listing Details MLS# 25-312
Contract Information
- Property Name
- 1517 Patterson Loop
- Begin Date
- 2025-04-15
- Price
- 600000
- Owner/Agent
- Yes
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
General, Tax & Legal
- Building Size (SF)
- 30900
- Taxes
- 0
- Spec Inst
- 0
- Spec Unpd
- 0
- Drain
- 0
Type
- Investment Property
- Yes
- Multi-Family
- Yes
More Information
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.