Courtesy: Counselor Realty Detroit Lakes
218-844-5557
Mixed-Use Investment Property – Main Ave, Frazee Outstanding investment opportunity in the heart of Frazee! This well-maintained mixed-use building offers a diversified income stream with both residential and commercial tenants in place. The property includes a one-bedroom apartment and a two-bedroom apartment, both currently leased, along with a commercial space currently occupied by a restaurant tenant. A fourth unit — unfinished and ready to be built out as additional office or apartment space — offers exciting upside potential for a buyer looking to add value. Situated on Main Ave with excellent road frontage and convenient side street parking, this property benefits from strong visibility and accessibility. Numerous updates have been completed throughout, including improvements to the commercial space and both residential apartments. Two unfinished basement areas provide ample utility and storage space. Sold with two parcels included, and no special assessments — a clean, turnkey opportunity for investors seeking immediate cash flow with room to grow. Don't miss this rare chance to own a versatile, income-producing property in a prime downtown location!
Courtesy: Counselor Realty Detroit Lakes
218-844-5557
Lucky Bubble Laundromat – Turnkey Business Opportunity in the Heart of Frazee. Profitable, established laundromat business and assets available for sale in downtown Frazee! This turnkey operation includes 10 Speed Queen washing machines and 10 Speed Queen dryers, all new in 2022, housed in a recently remodeled 800+ SF space complete with a bathroom. Sale includes the business and equipment only; building is available for lease, with seller open to negotiating a separate sale of the real estate. A low-overhead, income-producing opportunity in a high-visibility location — perfect for an owner-operator or investor looking to add a proven cash-flowing business to their portfolio. Financials available upon request. Don't miss this rare chance to own a well-maintained, ready-to-run laundromat in a growing community!
Courtesy: REMAX Lakes Region
218-844-5253
Karinall Estate Wymer Lake 51097 E Wymer Lake Rd, Frazee, MN ~9,424 Sq Ft 298’ Private Shoreline Welcome to Karinall Estate, a one-of-a-kind lakefront retreat on the private shores of Wymer Lake. Spanning nearly 9,500 sq ft, this architectural standout is ideal for entertaining, corporate retreats, or multi-generational living. A stunning two-story indoor solarium with a waterfall and live trees anchors the home, complemented by a private Cinema Suite and two expansive Great Rooms with stone fireplaces and panoramic views. With 10 bedrooms, the layout includes a themed Rental Wing (sleeping 20+) and a private 2BR+office/1BA Owner’s Residence above the garage. Set on a rare double lot with 298’ of wooded shoreline, enjoy unmatched privacy, peaceful sunsets, and lakeside entertaining. This proven Airbnb performer is just 15 minutes from Detroit Lakes. Currently ran as the Karinall Estate, check it out online.
Courtesy: Action Realty of Detroit Lakes
218-847-1658
This well established bar and restaurant is a rare opportunity to own a thriving, turnkey operation with a stellar reputation in the community. Known for consistent quality, welcoming atmosphere, and a strong brand presence. The property has built a loyal and repeat customer base over many years of successful operation. The business generates solid, reliable income with proven financial performance, making this an attractive investment for both seasoned operators and those looking to enter the hospitality base. Its reputation for great food, excellent service and a lively yet comfortable environment continues to drive steady foot traffic and strong word of mouth referrals.
Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Listings courtesy of Northstar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed. Open House information is subject to change without notice. Copyright 2026, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved
Frazee is located in Minnesota. Frazee, Minnesota has a population of 1,146. Frazee is more family-centric than the surrounding county with 38.66% of the households containing married families with children. The county average for households married with children is 29.17%.
The median household income in Frazee, Minnesota is $45,298. The median household income for the surrounding county is $64,296 compared to the national median of $69,021. The median age of people living in Frazee is 34.9 years.
The average high temperature in July is 80.4 degrees, with an average low temperature in January of -3.3 degrees. The average rainfall is approximately 26.8 inches per year, with 47.1 inches of snow per year.
