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Historic Mixed-Use Building
For Sale
$750,000

418 Jefferson St N, Wadena, MN 56482

The building includes multiple rooms, laundry facilities, attached garages, and elevator access.

Property Size31,040 SF
Price / SF$24.16
Days on Market35

Property Features for 418 Jefferson St N

General Information

Standard status Active
Size 31,040 SF
Elevators Yes

Amenities

Laundry Facilities

Building Details

Year Built 1923
Buildings 1
Listing Agency: Hinkle Realty
Listed By: Daniel Lepper
Source: Vibemn
Added: Jul 27 Changed: Aug 29 Last Checked: Aug 25 at 5:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hinkle Realty

Investment Insights

Based on property information with market context.

Located at 418 Jefferson St N in Wadena, MN, this 31,040-square-foot mixed-use commercial building was constructed in 1923 and formerly operated as Wesley Hospital. The expansive interior is organized around multiple rooms, providing a flexible physical layout for reconfiguration.

Property features include on-site parking with approximately 63 spaces and 3 handicap spaces, attached garages, laundry facilities, and elevator service. The combination of room count, support areas, garage space, and vertical access creates a substantial existing building platform for a future mixed-use plan.

Key Highlights

  • 31,040‑square‑foot mixed‑use commercial building constructed in 1923
  • Former Wesley Hospital with multiple interior rooms
  • Approximately 63 parking spaces plus 3 handicap spaces

Property Analytics

Current Use

Adult & Pediatric Urology Pediatrician

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Skin Care Clinic Garden Center Locksmith Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

600
Businesses Nearby

Demographics for 56482, MN

6,925
Population
3,387
Households
2
Avg Household Size
41
Median Age
15%
College-Educated
90%
High-School Grad
136.2 sq mi
ZIP Area
51
Density / Sq Mi
$56,356
Median Household Income
$34,651
Median Earnings
$699
Median Rent
$168,000
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The building includes multiple rooms, laundry facilities, attached garages, and elevator access.
Where is this mixed-use property located?
The property is located at 418 Jefferson St N Wadena, MN.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 31,040‑square‑foot mixed‑use commercial building constructed in 1923; Former Wesley Hospital with multiple interior rooms; Approximately 63 parking spaces plus 3 handicap spaces
More about this property
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