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    Wadena, MN
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    Wadena, MN Retail Space for Sale

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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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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Wadena, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Storefront with Private Office
    Storefront with Private Office

    126 W Main Street, Perham, MN 56573

    $325,000
    0.05 AC lot

    A separate-entry office and rear truck parking support business operations beyond the customer-facing retail area.

    View details
    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.

    View details
    Movie Theater with Basement
    Movie Theater with Basement

    146 1st Avenue S, Perham, MN 56573

    $220,000
    0.08 AC lot

    The brick theater has central air conditioning and remains in operation as a movie venue.

    View details
    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.

    View details

    Wadena, MN Retail Space Market Trends and Statistics

    Explore 1 retail space for sale in Wadena, MN on our real estate platform.

    Sale prices for retail space in Wadena, MN average $119,900 — 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 $119.9K

    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%

    How Realmo verifies these figures

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