124 Jefferson Street S, Wadena, MN 56482 (MLS# 6732926)

Overview

Description

Prime Downtown Wadena Commercial Opportunity! Positioned at the busy corner of Jefferson Street and Bryant Avenue, this beautifully updated commercial building offers over 5,000 square feet of versatile space in the heart of downtown Wadena. Featuring separate entrances from Main Street and the Bryant Avenue side, this property offers the unique potential to accommodate two businesses within one building, making it an excellent opportunity for investors, owner-occupants, or entrepreneurs. Thoughtfully maintained and updated, the building boasts excellent visibility, strong foot traffic, and outstanding business potential in a highly desirable location. Whether you’re looking to expand your current business, create multiple income streams, or invest in a prime commercial property, this space offers endless possibilities.

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Waterfront Present: No
Year Built: 1900
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 5665
For Sale or Lease: For Sale
Acres: 0.13
Lot Dimensions: 118x50
Assessment Pending: Unknown
Other Parking Spaces: 0
Garage Stalls: 0

Property Features

Accessible: None Air Conditioning: Central Air Assumable Loan: Not Assumable Basement: Partial CMU Style: Retail/Shopping Center Construction Status: Previously Owned Current Use: Business Service Exterior: Brick/Stone Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Loan Terms: Cash; Conventional On Site Utilities: Electric Common Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Contingency: None
ListPrice: 188000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 124
Street Name: Jefferson
Street Suffix: Street
Street Direction Suffix: S
Postal City: Wadena
County: Wadena
State: MN
Zip Code: 56482

Assessments

Tax With Assessments: 3052
Assessment Balance: 0

Basement

Foundation Dimensions: 106x51
Partial: Yes

More Information

Building Information

Building Finished SqFt: 5665
Building SqFt: 9617

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Sale Options

Sale Includes: Building

Unit 1

Unit Number: Yes
Half Baths: Yes
Total Bathrooms: Yes

Unit Details

Total Units: Yes

Office/Member Info

Association: GLAR

Location, Tax and Other Information

Legal Description: W 118' OF LOT 9, BLK 7 SUBJ TO PARTY WALL ON N WALL OF LOT 9 & S WALL OF BLDG ON LOT 8
Listing City: Wadena
Map Page: 999
Municipality: Wadena
School District: Wadena-Deer Creek
School District Phone: 218-632-2155
Zip Plus 4: 2567
Property ID Number: 223001300
Tax Year: 2025
Tax Amount: 3052
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Prime Downtown Wadena Commercial Opportunity! Positioned at the busy corner of Jefferson Street and Bryant Avenue, this beautifully updated commercial building offers over 5,000 square feet of versatile space in the heart of downtown Wadena. Featuring separate entrances from Main Street and the Bryant Avenue side, this property offers the unique potential to accommodate two businesses within one building, making it an excellent opportunity for investors, owner-occupants, or entrepreneurs. Thoughtfully maintained and updated, the building boasts excellent visibility, strong foot traffic, and outstanding business potential in a highly desirable location. Whether you’re looking to expand your current business, create multiple income streams, or invest in a prime commercial property, this space offers endless possibilities.
Directions: From the intersection of hwy 10 and 71, go south on 71. Property is on the east side of 71 (Jefferson st)

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Assumable Loan

Not Assumable: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick/Stone: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Sewer

City Sewer/Connected: Yes

Stories

One: Yes

Water

City Water/Connected: Yes

On Site Utilities

Electric Common: Yes

CMU Style

Retail/Shopping Center: Yes

Current Use

Business Service: Yes

Loan Terms

Cash: Yes
Conventional: Yes