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    Wells, MN
    Flex Space

    Wells, MN Flex Space for Sale

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    Updated Flex Space
    Updated: Aug 1
    Updated Flex Space

    290 1st Avenue NE, Wells, MN 56097

    $189,900
    0.32 AC lot
    Approximately 6,300 square feet of flex‑space building area
    Updated bathrooms, flooring, trim, paint, and fixtures
    0.321‑acre lot at 290 1st Avenue NE, Wells, MN 56097
    Central air conditioning and forced‑air heating
    Accessible approach with ramp and on‑site parking
    View details
    Updated Flex Space
    Updated: Aug 10
    Updated Flex Space

    290 1st Ave NE, Wells, MN 56097

    $189,900
    6,384 sqft
    Approximately 6,300 square feet of flexible‑use commercial space
    Interior updates include new bathrooms, flooring, trim, paint, and fixtures
    On‑site parking included
    Building constructed in 1985
    Located at 290 1st Ave NE, Wells, MN 56097
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Wells, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Insulated Heated Flex Space
    Insulated Heated Flex Space

    24104 755th Ave, Albert Lea, MN 56007

    $800,000
    12,330 sqft 22.00 AC lot

    The layout combines warehouse, shop, office, and mezzanine areas under one roof.

    View details
    End-Unit Flex Space
    End-Unit Flex Space

    1064 S Victory Drive #A, Mankato, MN 56001

    $129,900
    960 sqft

    Shop/garage configuration includes loft storage, HVAC, and a roughed-in bathroom.

    View details
    Warehouse with Office and Retail Space
    Warehouse with Office and Retail Space

    404 Airport Road, Albert Lea, MN 56007

    $599,900
    0.90 AC lot

    Mixed office, retail, and warehouse configuration with parking, ramp access, and proximity to I90 and the airport.

    View details
    End-Unit Flex Space with Loft
    End-Unit Flex Space with Loft

    1064 S Victory Drive, Mankato, MN 56001

    $129,900

    Shop and garage space offers climate control, built-in storage, and a bathroom ready for fixture installation.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Industrial Land Along Highway
    Industrial Land Along Highway

    TBD #2 Adams Street, Mankato, MN 56001

    $1,687,598
    16.21 AC lot

    Large commercial land tract positioned along a four-lane highway and extended Adams Street for commercial or light industrial development.

    View details

    Wells, MN Flex Space Market Trends and Statistics

    Explore 2 flex space for sale in Wells, MN on our real estate platform. These investment opportunities span a total of 6,384 square feet of properties for sale, with an estimated market value of $379,800.

    Sale prices for business spaces in Wells, MN average $189,900 — 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

    Flex space 2
    Truck terminals 1

    Demographics Overview

    Population 3,593
    Population Growth (5Y) -3.4%
    Median Household Income $63,646
    College Educated 26.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    56097 $189.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.90%
    Property Tax per SF $26.96 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Faribault County

    New Delisted

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