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Truck Terminal with Overhead Doors
For Sale
$125,000
Pending

301 2nd Street NW, Wells, MN 56097

Commercial Sale, Wells, MN

Property SizeContact for details
Lot Size0.32 Acres
Days on Market129

Property Features for 301 2nd Street NW

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Residential-Single Family
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking features Secured, Driveway, Garage, Open
Subdivision Park Place Add
High school district United South Central
Directions For State Hwy 109, go north on 3rd Ave NW for one block to property.
Standard status Pending
APN 305030410
Lot size 0.32 Acres

Taxes and HOA fees

Tax Year 2026

Utilities

Heating system Space Heater

Amenities

Nine overhead doors
one service door
two hanging furnaces
half bath

Building Details

Year built 1950
Building materials Block
Roof type Rubber
Listing Agency: Brad Heggen Realty, Inc
Listed By: Brad L Heggen
Added: Jun 17 Changed: Oct 20 Last Checked: Oct 23 at 7:06AM
MLS# 7095582

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.

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Investment Insights

Based on property information with market context.

Configured for van garage use, the block building contains nine overhead doors, a separate service door, two suspended furnaces, and a half bath. Built in 1950, it sits on a 0.32-acre parcel and has a rubber roof.

The property is at 301 2nd Street NW in Wells, Minnesota. The seller is tax-exempt; a buyer without tax-exempt status may face a change in real estate taxes. The Faribault County Assessor can provide details.

Key Highlights

  • Nine overhead doors and one service door
  • 0.32‑acre parcel
  • Two hanging furnaces and a half bath

Property Analytics

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Current Use

Truck terminals

Suggested Use

Top Pick Real Estate Agency HVAC Service Law Firm Dental Office Nail Salon Hair Salon

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

233
Businesses Nearby

Demographics for 56097, MN

3,613
Population
1,801
Households
2
Avg Household Size
44
Median Age
20%
College-Educated
92%
High-School Grad
175.6 sq mi
ZIP Area
21
Density / Sq Mi
$63,646
Median Household Income
$42,046
Median Earnings
$761
Median Rent
$118,000
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

Frequently Asked Questions

What type of property is this?
Truck terminal - The building is currently used as a van garage and has secured garage and driveway parking.
Where is this truck terminal located?
The property is located at 301 2nd Street NW Wells, MN.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Nine overhead doors and one service door; 0.32‑acre parcel; Two hanging furnaces and a half bath
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