145 1st Ave S Perham, MN 56573
Estimated payment $1,299/month
About This Lot
Excellent 25'x150' commercial lot situated in a high-visibility location with strong daily traffic counts and outstanding potential for a wide range of business uses. Surrounded by established residential neighborhoods and nearby multi-family housing, the property offers convenient access and excellent exposure for both customers and clients. The options are endless as this location would be well-suited for retail, office space, professional services, or other commercial ventures. Perham continues to experience steady growth as a popular lakes area destination, drawing both full-time residents and seasonal visitors throughout the year. Its expanding community and active local economy make this an attractive setting for businesses seeking long-term growth and consistent visibility. Whether you are a developer, investor, or entrepreneur ready to establish or expand your business presence in Otter Tail County, this property offers the location, flexibility, and opportunity to make your plans a reality. Rare chance to own a strategically positioned commercial site in one of the area’s thriving small-business communities.
Property Details
Property Type
- Land
Est. Annual Taxes
- $556
Year Built
- Built in 1898
Lot Details
- Lot Dimensions are 25x150
- Zoning described as Business/Commercial
Community Details
- No Home Owners Association
- Village/Perham Subdivision
Listing and Financial Details
- Assessor Parcel Number 77000990072000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $398 | $32,700 | $32,700 | $0 |
| 2024 | $418 | $21,800 | $21,800 | $0 |
| 2023 | $434 | $21,800 | $21,800 | $0 |
| 2022 | $452 | $43,400 | $0 | $0 |
| 2021 | $452 | $21,800 | $21,800 | $0 |
| 2020 | $412 | $20,000 | $20,000 | $0 |
| 2019 | $2,092 | $106,700 | $17,500 | $89,200 |
| 2018 | $3,142 | $106,700 | $17,500 | $89,200 |
| 2017 | $2,914 | $111,500 | $17,500 | $94,000 |
| 2016 | $2,968 | $80,300 | $17,500 | $62,800 |
| 2015 | $3,264 | $0 | $0 | $0 |
| 2014 | -- | $101,900 | $17,500 | $84,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/11/2026 05/11/26 | For Sale | $235,000 | -- | -- |
Source: NorthstarMLS
MLS Number: 7071147
APN: 77000990072000
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Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.