For Sale: Wadena MLS# 7004810
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Property Description
Excellent income-producing commercial property on a large corner lot near downtown Wadena featuring 3 buildings and 4 total units with over 11, 000 sq ft of usable space. Current uses have included or do currently include an automotive body shop, a professional counseling center with multiple offices--boardroom, restrooms, breakroom--as well as a separate office building offering additional workspace, offices, and/or rental potential. Property also includes a 3 bed / 1 bath home with extra lot for added income or owner use. High-visibility location on Highway 10 with multiple parking areas, and flexible mixed-use configuration make this ideal for investors or owner-operators seeking strong cash flow and long-term potential.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$899,900
Property Type:
Commercial
City:
Wadena
Garage Spaces:
2
County:
Wadena
Year Built:
1950
State:
MN
Property Style:
Other
Zip Code:
56482
Interior
Bedrooms:
3
Bathrooms:
7
Exterior
Garage Spaces:
2
Foundation Size:
8,800 ft2
Handicap Accessible:
Partially Wheelchair
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Forced Air
Parking Features:
- Attached Garage
- Parking Lot
Road Frontage:
- City Street
- Highway
Roof Details:
- Asphalt
- Flat
- Rubber
Lot & Land
Acres:
0.688
Geolocation:
46.443372, -95.1381
Inclusions:
Building
Lot Dimensions:
300 x 150
Addl Parcels:
223000560, 223000570
Zoning:
Business/Commercial
Lot Description:
Corner Lot
Schools
School District:
1053
District Phone:
2186322155
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$11,714
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$11,714
Units
Total Units:
4
Miscellaneous
Current Use:
- Commercial
- Industrial
- Office
- Professional Service
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Hinkle Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.