Conventional Restaurant

Wadena, MN Conventional Restaurants for Sale

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Verndale, MN New York Mills, MN Bertha, MN Sebeka, MN Ottertail, MN Staples, MN Eagle Bend, MN Henning, MN
Restaurant Building with Parking
Updated: Jun 10
Restaurant Building with Parking

749 Jefferson Street N, Wadena, MN 56482

$499,999
1.28 AC lot
1.28‑acre restaurant property
Located on Highway 71 in Wadena
Built in 1992 with forced‑air heating
Parking lot and accessible approach with ramp
Contract‑for‑deed or lease options available
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Established Restaurant With Catering Equipment
Updated: Jul 30
Established Restaurant With Catering Equipment

201 Jefferson St S, Wadena, MN 56482

$379,000
10,500 sqft
10,500‑square‑foot restaurant building constructed in 1900
The Boondocks Cafe has been established for 40 years
Dining capacity for 125 customers
Sale includes restaurant equipment, signage, and naming rights
Catering equipment and an enclosed trailer included
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Restaurant Building
Restaurant Building

749 Jefferson Street N, Wadena, MN 56482

$499,999
3,072 sqft

The property offers business/commercial zoning and lease or contract-for-deed options.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Wadena, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated Breakfast Restaurant
Updated Breakfast Restaurant

119 Main St NE, Menahga, MN 56464

$419,900
2,872 sqft

Step-free restaurant with dedicated parking and a corner setting in downtown Menahga.

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The Cotty Breakfast Diner
The Cotty Breakfast Diner

119 Main Street NE, Menahga, MN 56464

$419,900
0.32 AC lot

Step-free entry and on-site parking support customer access.

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Established Highway Restaurant
Established Highway Restaurant

409 Highway 71 W, Clarissa, MN 56440

$159,000

Operating food-service business with included equipment, updated systems, and on-site parking.

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Highway-Side Restaurant
Highway-Side Restaurant

409 US-71 W, Clarissa, MN 56440

$159,000
0.17 AC lot

The property includes a parking lot, driveway, and ramp access for customers.

View details

Wadena, MN Conventional Restaurants Market Trends and Statistics

Explore 3 conventional restaurants for sale in Wadena, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 13,572 square feet of properties for sale, with an estimated market value of $1,378,998.

Sale prices for conventional restaurants in Wadena, MN start at $379,000, averaging $459,666, and reaching up to $499,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 3

Demographics Overview

Population 7,494
Population Growth (5Y) +9.8%
Median Household Income $56,356
College Educated 18.7%

High-Yield Neighborhoods for Investment

Identify Wadena submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
56482 $439.5K

Taxes & Financing

Tax Rate (average for all types) 1.97%
Property Tax per SF $12.61 per SF
Tax Rate vs County Average 0.12 pp below county avg
Average Loan-to-Value 65.0%

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