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    Wadena, MN
    Retail

    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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    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 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.

    Historic Storefront with Original Vaults
    Historic Storefront with Original Vaults

    104 Cedar Ave E, Pillager, MN 56473

    $239,000
    1,095 sqft

    Updated corner building with open main-level space, two restrooms, and an unfinished basement.

    View details
    Corner Storefront Property
    Corner Storefront Property

    300 Main Avenue S, Park Rapids, MN 56470

    $270,000
    0.05 AC lot

    Updated finishes and dual-street windows suit retail, boutique, studio, office, and other customer-focused uses.

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    Historic Corner Storefront
    Historic Corner Storefront

    104 Cedar Avenue E Entire Bldg, Pillager, MN 56473

    Contact for pricing
    1,095 sqft

    Updated downtown commercial building with open main-level space, original vaults, and an unfinished basement.

    View details
    Downtown Storefront Property
    Downtown Storefront Property

    213 Main Avenue, Park Rapids, MN 56470

    Contact for pricing
    2,000 sqft

    Well-maintained commercial building positioned among downtown restaurants and shopping.

    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 $129.7K

    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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