$600,000

1517 Patterson Loop
Fergus Falls, MN 56537
MLS# 25-312

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Property 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.

Details

Maps

Documents

Contract Information

Current Price: $600,000

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

Status Change Info

Status: Active

Property Features

Type: Investment Property; Multi-Family

Listing Documents

Drawings of Building

Offering Memorandum

Listing Office: Horizon Real Estate Group

Office Email: David@horizonfargo.com

Last Updated: September - 12 - 2025

1517 Patterson Loop, Fergus Falls, MN 56537 - MLS# 25-312

Information deemed reliable but not guaranteed.

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Founded in 2006, Kilbourne Group has a deep passion for urban spaces and an experienced understanding of how design and amenities can respond to today’s demand for walkable, mixed-use, urban cores in communities.

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