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Highway Flex Building
For Sale
$650,000

11577 US Highway 71, Wadena, MN 56482

Commercial Sale, Wadena, MN

Property Size8,400 SF
Lot Size14.00 Acres
Price / SF$77.38
Days on Market8

Property Features for 11577 US Highway 71

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Lot features Irregular Lot, Tree Coverage - Medium
High school district Wadena-Deer Creek
Directions From Wadena south on Hwy 71 approx 2.5 miles on Right.
Standard status Active
APN 140291070
Lot size 14.00 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 1898

Utilities

Sewer type Private Sewer
Heating system Heat Pump (Heating)

Amenities

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

Building Details

Year built 2001
Roof type Metal
Listing Agency: Schultz Auctioneers Landmark
Listed By: Lance Quam
Added: Sep 28 Changed: Oct 2 Last Checked: Oct 5 at 6:06PM
MLS# 7153068

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This flex property sits on 14 acres and includes a 70-by-120-foot commercial building constructed in 2001. The finished 30-by-50-foot office area has a kitchen, full bathroom, laundry, wood walls, and a stainless steel work area, along with a refrigerator and convection oven. The building also contains a 2,000-square-foot shop and 14-by-16-foot doors at each end. Construction is metal post-frame, with 200 AMP electrical service, heat pump heating, and a metal roof.

The property is on US Highway 71, south of Wadena. It is zoned B-1 Commercial and has a new well and septic system.

Key Highlights

  • 14‑acre property on US Highway 71, south of Wadena
  • 70‑by‑120‑foot commercial building, built in 2001
  • Finished 30‑by‑50‑foot office area with kitchen, full bath, and laundry

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
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - The B-1 commercial property combines a finished office area with shop space.
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, south of Wadena; 70‑by‑120‑foot commercial building, built in 2001; Finished 30‑by‑50‑foot office area with kitchen, full bath, and laundry
More about this property
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