1517 Patterson Loop, Fergus Falls, MN 56537

Built in 1931 and designed by renowned Minnesota architect Clarence H. Johnston, this historic steel-frame and brick building is a rare opportunity for developers seeking a high impact adap ve reuse project. Originally serving as the Receiving Hospital for the iconic Fergus Falls State Hospital campus, the structure reflects the enduring cra smanship and architectural significance of early 20th-century ins tu onal design. This property is eligible for a 40% Federal and State Historic Tax Credit, offering a substan al incen ve for redevelopment. Several neighboring buildings on the campus have already been successfully converted into multifamily apartments, demonstrating strong feasibility for residential reuse and a growing demand for unique, character-rich living spaces. With its solid construction, historical designation potential, and established precedent for apartment conversions in the area, this asset represents a prime candidate for a transformative residential or mixed-use project.