Financial
Distress signals
Property profile

116 Main St Wabasha, MN 55981

OFF-MARKET
Commercial real estate
Property ID
US46-3002644
2,325 SF 0.01 ac lot Built 1880
Last sale Feb 2022 · $275,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years.
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Property summary

AI-generated overview

This 2,325 square foot commercial building, located at 116 Main Street East in Wabasha, Minnesota, presents a unique investment opportunity. Built in 1880, this historic property boasts prime Main Street frontage in a picturesque river town, offering excellent visibility and foot traffic. The building's rich history and character create a unique atmosphere, ideal for a variety of businesses. The current configuration includes two upstairs apartments, providing potential for rental income or

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.1
Pharmacy8.7
Law Firm8.7

Location

116 Main St Wabasha, MN 55981
County assessor · not on file Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Wabasha, MN 55981 $264,375 Dec 2025 N/A
Wabasha, MN 55981 $87,500 Oct 2025 N/A
75 Hwy 60, Wabasha, MN 55981-7400 $155,000 Sep 2025 N/A
157 Pembroke S, Wabasha, MN 55981 $220,000 Jul 2024 3,600 SF
155 Pembroke S, Wabasha, MN 55981-1242 $220,000 Jul 2024 4,169 SF
17668 County Rd 81, Wabasha, MN 55981-7566 $210,000 May 2024 2,016 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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