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205 Jefferson St Wadena, MN 56482

For Sale
$365,000

Turnkey Bakery/Restaurant w/ Rentals

Property size:
5,241 SF

Description

Added:
Feb 3, 2025
Days on Market:
307
This exceptional mixed-use property at 205 Jefferson Street S, Wadena, MN, presents a unique investment opportunity. The 5,241 square foot building sits on a 0.08-acre lot in the heart of downtown Wadena and offers a fully equipped commercial space ideal for a bakery, restaurant, or similar retail business requiring a food license. The sale includes a substantial amount of commercial and industrial equipment and supplies, much of which is in excellent condition, representing significant value for a new owner. This turnkey setup minimizes initial investment and allows for immediate operation. Beyond the commercial space, the property boasts three residential rental units, providing a valuable supplemental income stream to offset operating expenses and enhance the overall return on investment. The building's historic character adds to its charm and potential, making it a truly remarkable opportunity in a desirable downtown location. The property is priced at $365,000. Additional photos will be available shortly. This is a rare chance to acquire a well-established, income-generating property with significant potential for growth and expansion. The combination of commercial and residential space offers a unique blend of income streams and operational flexibility. Don't miss this chance to own a piece of Wadena's history and build your business success.

Property Features for 205 Jefferson St

General Information

Property type
Mixed-use properties
Square Feet
5,241 SF
Lot Size
3,485 SF

Building Details

Year Built
1895

Property Profile Insight Report Location Intelligence

Current Use by Public Records

MERAKI MEXICAN RESTAURANT ... Mexican Restaurant

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
-95.13815
Latitude
46.44012

FAQs

What type of property is this?
Mixed-use property - Turnkey Bakery/Restaurant w/ Rentals
Where is this mixed-use property located?
The property is located at 205 Jefferson St Wadena, MN.
What is the asking price?
The asking price for this property is $365,000.
More about this property
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