Building Details

Year Built 1900

Units 1

Listing Agency: Wolff & Simon Real Estate h***@wolffsimon.com Show Phone

Listed By: Brian Halik · License #40527985 Show Phone

Source: Ivyrealestategroup

Added: Mar 11 Changed: Aug 24 Last Checked: Aug 23 at 4:31AM

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Investment Insights

Based on property information with market context.

This retail storefront offers an updated interior with updated floors and a convenient delivery area in the back. The layout is suited for day-to-day customer traffic while maintaining practical space for deliveries.

Located on Main Street in a high-traffic area, the space is positioned for strong visibility and foot traffic.

The property is being offered for sale and can serve as a fit for an operator looking to open a business or for an investor seeking a retail opportunity.

Key Highlights

• Retail storefront on Main Street
• Updated floors
• Rear delivery area

Property Analytics

Property Profile

Current Use

Time Jewelry (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Locksmith Skin Care Clinic Garden 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.

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

585

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

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 Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Storefront property - Retail storefront on Main Street with updated floors and a delivery area at the rear.

Where is this storefront property located?

The property is located at 105 Jefferson Street S Wadena, MN.

What is the asking price?

The asking price for this property is $139,500.

What are key features of this property?

This property features: Retail storefront on Main Street; Updated floors; Rear delivery area