Listing Agency: Counselor Realty, Inc

Listed By: Bobbi Crouse · License #MN 40332939

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 6:40AM

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Investment Insights

Based on property information with market context.

This commercial building is currently arranged for grocery store operations. The property is positioned on a downtown corner in Wendell, offering a configuration that can continue serving grocery retail or be adapted for an office, retail shop, or storage use.

Key Highlights

• Current grocery store configuration
• Downtown corner location in Wendell
• Potential office, retail shop, or storage use

Property Analytics

Property Profile

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Auto Repair Shop Restaurant Hotel & Motel

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

18

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 56590, MN

403

Population

207

Households

1.9

Avg Household Size

46

Median Age

14%

College-Educated

99%

High-School Grad

81.1 sq mi

ZIP Area

5

Density / Sq Mi

$70,000

Median Household Income

$43,833

Median Earnings

$747

Median Rent

$132,800

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?

Grocery and convenience store - Currently configured for grocery retail, with office, retail shop, and storage use identified.

Where is this grocery and convenience store located?

The property is located at 558 Hwy 55 Wendell, MN.

What are key features of this property?

This property features: Current grocery store configuration; Downtown corner location in Wendell; Potential office, retail shop, or storage use