505 Summit Avenue, Detroit Lakes, MN 56501 - MLS# 7164462
$599,000
COMMERCIAL OPPORTUNITY WITH EPIC EXPOSURE. Situated just of HWY 10, at the junction of Summit Ave, is the highly visible, highly recognizable, historic Holmes/Hartman building that has a history dating back to 1900. Thanks to the current owner's passion for this building's future, it is PRIME for the handoff and the next 100+years. Two-stories above ground and a full basement with each level offering over 5200 sq ft of canvas to bring "that" business to fruition. UPDATES: New electric - 400amp/3-phase service, 6" water line/8" sewer line (NO SPECIALS), natural gas line, new thermal pane windows, and commercial EPDM roof with R-32 insulation. BradCo puck-pointed, exterior, head joints/top courses were slugged, and top of building was wrapped with a stainless-steel wire for reinforcement. INTERIOR: Ice blasted to restore wood, 2 white oak staircases added to lead up to the top floor—perfect for large conferences/meetings or utilize the stage and offer an entertainment venue. Historic 1902 elevator and scale were left in place as an homage. Blueprints available. See documents for renderings. Parking options available.
Interior Information
Size & Levels
Exterior & Parking
Lot & Utilities
Financial & Tax Information
Schools
Questions and Answers
How much is 505 Summit Avenue?
505 Summit Avenue in Detroit Lakes, MN, is listed at $599,000 as of Oct 31, 2026 (8 days on market).
What school district is 505 Summit Avenue in?
The MLS lists the school district as Detroit Lakes (ISD 22). Confirm enrollment with the district.
What are the property taxes for 505 Summit Avenue?
Property taxes are $1,980 for 2026. No special assessments are pending.
How do I schedule a showing of 505 Summit Avenue?
Call Pederson Realty anytime at 612-356-2121 to ask about this home, schedule a showing, or be connected to an agent. You can also contact the agent shown on this page or use the Tour in Person button. We can usually set up a showing within a day.
