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Turnkey Freestanding Retail/Office Building
For Sale
$168,000

111 Wabasha Ave Ne, Warroad, MN 56763

Single-level commercial building with display windows, prep kitchen, and alley access with 6 parking spaces.

Property Size1,200 SF
Price / SF$140
Days on Market94

Property Features for 111 Wabasha Ave Ne

General Information

Standard status Active
Size 1,200 SF
Total Parking Spaces 6

Site & Location

Road Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $1,239

Building Details

Stories 1
Listing Agency: Discovery Group, Inc
Listed By: Lana Yatskina
Source: Exprealty
Added: May 22 Changed: Aug 20 Last Checked: Aug 23 at 7:18AM

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 Discovery Group, Inc

Investment Insights

Based on property information with market context.

Turnkey freestanding commercial building on a single level offering approximately 1,200 SF of flexible retail and office space. The main floor is open with display windows and built-in cabinetry, supported by a back prep kitchen with a sink and range. A newer asphalt roof, approximately 5 years old, helps round out the improvements for day-to-day operations. The property is served by city water and sewer and includes alley access, along with 6 parking spaces.

Located at 111 Wabasha Ave NE in Warroad, the building sits in the downtown core. The property is positioned steps from Lake of the Woods tourism activity and referenced proximity to Marvin employee base. Public remarks also note nearby hockey tournament activity at The Gardens Arena and year-round seasonal events that draw visitors to downtown.

This layout suits tenants seeking a walk-in retail or client-service environment with an established public-facing front and a functional back-of-house prep area. With alley access and on-site parking, the space can support everyday customer traffic while keeping deliveries and back-end use more practical for staff operations. City services, low taxes as stated in the remarks, and a relatively recent roof are additional considerations for buyers and operators evaluating a downtown freestanding site.

Key Highlights

  • Single‑level downtown commercial building with an open main floor and display windows
  • 1,200 SF flexible commercial space with built‑in cabinetry and alley access
  • Back prep kitchen includes a sink and range

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Law Firm Pharmacy Bakery 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

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

249
Businesses Nearby
26k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 85% Hotels & Casinos 10% Electronics 5%
Holiday Station Store Shops & Services
10,125 visits/mo 0.2 miles
Cenex Shops & Services
8,077 visits/mo 0.5 miles
Dollar General Shops & Services
4,169 visits/mo 0.2 miles
Hampton Inn Hotels & Casinos
2,696 visits/mo 0.2 miles
Verizon Electronics
1,353 visits/mo 0.5 miles

Demographics for 56763, MN

5,132
Population
2,347
Households
2.2
Avg Household Size
41
Median Age
21%
College-Educated
92%
High-School Grad
262.9 sq mi
ZIP Area
20
Density / Sq Mi
$70,357
Median Household Income
$47,471
Median Earnings
$830
Median Rent
$184,700
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 - Single-level commercial building with display windows, prep kitchen, and alley access with 6 parking spaces.
Where is this storefront property located?
The property is located at 111 Wabasha Ave Ne Warroad, MN.
What is the asking price?
The asking price for this property is $168,000.
What are key features of this property?
This property features: Single‑level downtown commercial building with an open main floor and display windows; 1,200 SF flexible commercial space with built‑in cabinetry and alley access; Back prep kitchen includes a sink and range
More about this property
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