Property summary
This exceptional multi-use commercial building, formerly Wesley Hospital, presents a rare investment opportunity in Wadena, MN. Boasting a substantial 31,040 square feet of space on a 2.06-acre lot, this property offers unparalleled versatility. Its expansive layout and numerous rooms allow for a wide range of development possibilities, from multi-family housing to office spaces, or a creative mixed-use project. The building features convenient on-site parking with approximately 63 spaces, including 3 handicap-accessible spots. Internal features include laundry facilities, perfect for residential or commercial tenants, and attached garages providing secure parking or extra storage. Accessibility is ensured with an elevator servicing all floors. This landmark building is ready for a complete transformation, offering an unmatched potential for investors, developers, or those seeking to establish a unique business presence. The property's size and location in Wadena provide a strong foundation for a successful venture. Don't miss this chance to acquire a piece of Wadena's history and shape its future. The possibilities are truly endless.
Property profile
VerifiedCap rate & NOI
Current use
-
Pediatrician
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.