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    1398 Center Rd Wright, MN 55798

    For Sale
    $169,900

    Commercial - Wright, MN

    Lot size:
    1.65 Acres
    Days on Market:
    74
    Last Refresh:
    Dec 11 at 9:06 am

    Property Features for 1398 Center Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial
    APN
    291400100
    Parking features
    Driveway, Parking Lot, Paved or Surfaced
    Exterior features
    Brick/Stone, Steel Siding
    Lot size
    1.65 Acres

    Utilities

    Heating system
    Forced Air, Geothermal (Heating)
    Cooling system
    Central Air, Geothermal

    Building Details

    Year built
    1947
    Flooring type
    Concrete, Linoleum, Vinyl
    Building materials
    Brick, Frame
    Roof type
    Flat, Tar/Gravel
    Architectural style
    Other

    RE/MAX Northland (218) 203-3603 [email protected]

    Listing agent Jared Lundgren (218) 203-3603

    Listing date Sep 29, 2025

    MLS# 6796502 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wright, MN Commercial Opportunity

    This commercial property in Wright, Minnesota, located one block from State Highway 210, presents a business opportunity. The property, currently operating as a Farmer’s Coop since 1918, includes approximately $80,000 in inventory. The store space is equipped with four display freezers, three open-case display coolers, two chest freezers, and a walk-in cooler. A new 40 ft x 60 ft warehouse features 2 inches of spray foam insulation and a loading dock area. The property also includes a geothermal unit for efficient heating and cooling, and a magnetic-driven well with a pressure tank. The 1.65-acre property has been well-maintained. The current business sells groceries, feed, and live bait. The seller is open to assisting with the transition to a new owner to maintain the Coop's operation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farmers Co-Op Co Grocery Store

    Suggested Use

    Building Supply Gym & Fitness Bar & Pub Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wright
    County
    Carlton
    State
    Minnesota
    Longitude
    -93.000837
    Latitude
    46.672806

    Nearby Similar for Sale

    • $35,000
      4,700 SF

      Wright, MN Commercial Property

      Two Buildings, 4,700 sq ft, 0.39 Acres
      6730 Pacific Ave, Wright, MN 55798
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - Commercial property with inventory, warehouse, and geothermal unit in Wright.
    Where is this grocery and convenience store located?
    The property is located at 1398 Center Rd Wright, MN.
    What is the asking price?
    The asking price for this property is $169,900.
    What are key features of this property?
    This property features: - Established Business: Operating as a Farmer's Coop since 1918, offering an immediate business opportunity.; - Included Inventory: Approximately $80,000 in existing inventory is included in the sale.; - New Warehouse: Features a **new 40ft x 60ft warehouse with spray foam insulation and loading dock.**
    (218) 203-3603
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    1398 Center Rd Wright, MN 55798
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1398 Center Rd Wright, MN 55798
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