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    201 Jefferson St Wadena, MN 56482

    For Sale
    $299,500

    Turnkey Restaurant, High Cash Flow

    Property size:
    3,469 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional opportunity presents a fully operational restaurant located at 201 S Jefferson, Wadena, MN. Boasting 3,469 square feet, this established eatery is renowned for its home-style cooking and welcoming atmosphere. The current owner has cultivated a loyal customer base drawn to the restaurant's signature pies, bars, and caramel rolls, creating a strong foundation for continued success. The business is offered at $299,500 and comes with all existing equipment and fixtures, allowing for immediate operation. No land is included in the sale

    Property Features for 201 Jefferson St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,469 SF

    Building Details

    Year Built
    1900
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Boondocks Cafe Cafe 2060 Digital Marketing Agency Kwad Radio Broadcaster KKWS-FM Wadena Radio Broadcaster

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Wadena
    County
    Wadena
    State
    Minnesota
    Longitude
    -95.13796
    Latitude
    46.44017

    Nearby Comparable

    • $365,000
      5,241 SF

      Historic Wadena Mixed-Use Building

      Turnkey Bakery/Restaurant w/ Rentals
      205 Jefferson St, Wadena, MN 56482
      View Details
    • $1,816,000
      31,040 SF

      Wadena Commercial Building - Huge Potential

      Historic Multi-Use Building, 31,040 sq ft
      418 Jefferson St, Wadena, MN 56482
      View Details
    • Contact for pricing
      1.11 Acres

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      Prime 1.11-acre commercial land.
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    • $525,000
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      Wadena Land with Development Potential

      154-acre land parcel near Wadena, suitable for building or recreation.
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    • $149,000
      2,688 SF

      Hewitt Service Station - Hwy 210

      Established Business, High Traffic Location
      608 3Rd Ave, Hewitt, MN 56453
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    Nearby Similar for Sale

    • $1,816,000
      31,040 SF

      Wadena Commercial Building - Huge Potential

      Historic Multi-Use Building, 31,040 sq ft
      418 Jefferson St, Wadena, MN 56482
      View Details
    • $365,000
      5,241 SF

      Historic Wadena Mixed-Use Building

      Turnkey Bakery/Restaurant w/ Rentals
      205 Jefferson St, Wadena, MN 56482
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Turnkey Restaurant, High Cash Flow
    Where is this commercial real estate located?
    The property is located at 201 Jefferson St Wadena, MN.
    What is the asking price?
    The asking price for this property is $299,500.
    (218) 631-2536
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    201 Jefferson St Wadena, MN 56482
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    Wadena, MN 56482
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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
    201 Jefferson St Wadena, MN 56482
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