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Investment Highlights

  • Opportunity to shape future growth
  • Residential, commercial, or mixed use potential
  • Flexible site planning opportunity
  • Strong City support for development

Executive Summary

This 0.43-acre site in the heart of Pelican Rapids offers an exceptional opportunity for mixed-use development, perfectly suited for street-level commercial with residential units above. Positioned to capture local foot traffic and community activity, the property is ideal for retail, office, or service uses below, paired with modern apartments or condos above. With the City supportive of thoughtful development, this site is ready for a project that enhances the downtown streetscape while meeting growing demand for convenient, walkable living. A rare chance to deliver a high-impact, community focused development in a thriving smalltown setting.

Attachments

Pelican Rapids 2

Property Facts

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.43 AC
Opportunity Zone Yes

1 Lot Available

Lot

Lot Size 0.43 AC
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
76000990651000
Land Assessment
$10,100
Improvements Assessment
$300
Total Assessment
$10,400
  • Listing ID: 39265121

  • Date on Market: 1/30/2026

  • Last Updated:

  • Address: 400 N Broadway, Pelican Rapids, MN 56572

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