Retail

Wadena, MN Retail Properties & Spaces for Sale

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Sebeka, MN New York Mills, MN Parkers Prairie, MN Ottertail, MN Staples, MN Eagle Bend, MN Menahga, MN Perham, MN
Storefront Building
Updated: Aug 11
Storefront Building

122 Jefferson St N, Wadena, MN 56482

$125,000
5,892 sqft
5,892‑square‑foot commercial building
Business/Commercial zoning
Built in 1959
Located north on Hwy 71
Previously operated as an auto parts store for many years
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Lyle’s Shoe Storefront
Updated: Jul 26
Lyle’s Shoe Storefront

118 Jefferson St S, Wadena, MN 56482

$119,900
Retail storefront and operating shoe business at 118 Jefferson St S, Wadena, MN 56482
Building constructed in 1880
Lyle’s Shoe Store has operated since 1955
Sale includes all inventory and the established brand name and logo
Point‑of‑sale system, security cameras, office equipment, and shelving included
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Wadena, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated Corner Storefront
Updated Corner Storefront

300 Main Avenue S, Park Rapids, MN 56470

$270,000
0.05 AC lot

Refreshed interior finishes and windows on two street elevations support retail, office, studio, and other customer-facing uses.

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Mixed-Use Building With Apartments
Mixed-Use Building With Apartments

122 Main Ave S, Park Rapids, MN 56470

$219,000
3,450 sqft

Retail space is paired with two residential units and lower-level storage.

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Storefront with Vacant Commercial Land
Storefront with Vacant Commercial Land

104 Cedar Avenue E, Pillager, MN 56473

$359,000
0.75 AC lot

A downtown corner property combines adaptable ground-floor space with a separate area of undeveloped commercial land.

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Storefront with Original Vaults
Storefront with Original Vaults

104 Cedar Avenue E, Pillager, MN 56473

Contact for pricing
0.06 AC lot

An open main-level floor plan, two restrooms, and an unfinished lower level provide a practical commercial layout.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land with Rail Access
Commercial Land with Rail Access

507 Ash Avenue NW, Wadena, MN 56482

$85,000
2.05 AC lot

Two-acre commercial lot with available water and transportation access near two highways.

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Wadena, MN Retail Properties & Spaces Market Trends and Statistics

Explore 2 retail properties & spaces for sale in Wadena, MN on our real estate platform. These investment opportunities span a total of 5,892 square feet of properties for sale, with an estimated market value of $244,900.

Sale prices for stores in Wadena, MN start at $119,900, averaging $122,450, and reaching up to $125,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 2
Automotive properties 1

Demographics Overview

Population 7,494
Population Growth (5Y) +9.8%
Median Household Income $56,356
College Educated 18.7%

High-Yield Neighborhoods for Investment

Identify Wadena submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
56482 $128.1K

Taxes & Financing

Tax Rate (average for all types) 1.97%
Property Tax per SF $12.61 per SF
Tax Rate vs County Average 0.12 pp below county avg
Average Loan-to-Value 65.0%

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