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Flex Building with End Doors
New
For Sale
$650,000

11577 US Highway 71, Wadena, MN 56482

A finished office area, shop space, and large doors at both ends support a range of commercial functions.

Property Size8,400 SF
Lot Size14.00 Acres
Price / SF$77.38
Days on Market7

Property Features for 11577 US Highway 71

General Information

Standard status Active
Size 8,400 SF
Lot size 14.00 Acres
Property subtype Commercial
Zoning Business/Commercial

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Warehouse & Industrial

Warehouse Space 2,000 SF
Office Build-Out 1,500 SF
Power 200 amps

Additional Details

Property Use Commercial

Taxes and HOA fees

Annual Taxes $1,898

Amenities

kitchen
full bath
laundry
wood walls
stainless steel work area
refrigerator
convection oven

Building Details

Year Built 2001
Buildings 1
Units 1
Building Size 8,400 SF
Construction metal post frame
Listing Agency: Schultz Auctioneers Landmark
Listed By: Lance Quam
Source: Getyoumoved
Added: Oct 19 Changed: Oct 23 Last Checked: Oct 23 at 2:25PM

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 Schultz Auctioneers Landmark

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Investment Insights

Based on property information with market context.

Set on 14 acres along US Highway 71, this flex property includes a 70-by-120-foot commercial building constructed in 2001. The building has two 14-by-16-foot doors at each end and a 2,000-square-foot shop area with good lighting. A finished 30-by-50-foot office section includes a kitchen, full bathroom, and laundry. Its interior features wood walls and a stainless steel work area, along with a refrigerator and convection oven. The property also has a new well and septic system and 200-amp electric service. The building is metal post-frame construction.

Key Highlights

  • 14‑acre property on US Highway 71
  • 70‑by‑120‑foot commercial building, constructed in 2001
  • Two 14‑by‑16‑foot doors at each end

Property Analytics

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Current Use

Flex space

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - A finished office area, shop space, and large doors at both ends support a range of commercial functions.
Where is this flex space located?
The property is located at 11577 US Highway 71 Wadena, MN.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 14‑acre property on US Highway 71; 70‑by‑120‑foot commercial building, constructed in 2001; Two 14‑by‑16‑foot doors at each end
More about this property
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