Property profile

314 Jefferson S St Wadena, MN 56482

OFF-MARKET
Commercial real estate
Property ID
US46-1997411
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 22-300-2690
UPID US46-1997411

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Counselor
  • Counselor

Location

314 Jefferson S St Wadena, MN 56482-1534
Wadena metro Census 480300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2025
Last sale
$255,000
4 recorded transactions
2025
Price N/A
2025
$255,000
2020
Price N/A
2020
$115,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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