314 Jefferson S St, Wadena, MN 56482-1534
This exceptional 7,000 square foot commercial building is located in downtown Wadena, Minnesota, on a 0.16-acre lot at 314 Jefferson Street S. The property boasts spacious, finished office areas, offering significant flexibility for customization to meet diverse business needs. The building is fully handicapped accessible, including the front and back entrances, bathrooms, offices, and kitchen. A significant advantage is the inclusion of a 1,200 square foot multi-car garage, accessed via the alley. This garage features an overhead door, a service door, and a convenient ramp, ideal for deliveries, storage, or additional workspace. Recent upgrades include all-new flooring and a new rubber roof, ensuring a move-in ready condition. This turnkey property presents a rare opportunity for businesses seeking a versatile and functional space in a prime downtown location. The property's accessibility features and ample parking options make it an attractive choice for a wide range of commercial enterprises. The combination of modern updates and a central location makes this an exceptional investment opportunity.
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Melissa Stave Counselor
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All Seasons Wellness Counselor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.