205 Jefferson Street South

Wadena, MN 56482

$365,000
Price
Beds
5,241 Sq. Ft.
$70 / Sq. Ft.
5,241
Sq. Ft.
$70
per Sq. Ft.

Description

Looking for a turnkey business opportunity? This bakery space could be for you! Open or expand your dream bakery, restaurant, or any other type of business that would require a food license or retail space. Sale includes expansive restaurant space, phenomenal commercial and industrial equipment and supplies (much of it is in new or like-new condition), as well as three residential rental units. Allow the help of the three residential rental units to help pay for your operating expenses. This is really...Looking for a turnkey business opportunity? This bakery space could be for you! Open or expand your dream bakery, restaurant, or any other type of business that would require a food license or retail space. Sale includes expansive restaurant space, phenomenal commercial and industrial equipment and supplies (much of it is in new or like-new condition), as well as three residential rental units. Allow the help of the three residential rental units to help pay for your operating expenses. This is really an amazing opportunity to own a historic building in downtown Wadena. More photos coming soon.
  1. Listed by Albers Realty

Property Details for 205 Jefferson Street South

Zoning Jurisdiction
Business/Commercial
LISTING UPDATED: 01/06/2025 08:04 PM

Property Details for 205 Jefferson Street South

StatusActive
MLS #6644060
Days on Compass8
Taxes$3,178 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1895
Lot Size0.08 AC / 3,484 SF
CountyWadena County

Building Information for 205 Jefferson Street South

Stories-Residences3Year Built1895Lot Size0.08 AC / 3,484 SF

Property Information for 205 Jefferson Street South

Summary
Location and General Information
  • City Name: Wadena
  • County Or Parish: Wadena
  • County: Wadena-MN
  • Directions: From the intersection of US Hwy 10 and US Hwy 71 in Wadena, proceed South on US Hwy 71 for approx 2.5 blocks; property will be to the west.
  • Latitude: 46.440107
  • Longitude: -95.138122
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Wadena
  • City and Location Text: Wadena(MN)
  • Postal Code: 56482
  • State Or Province: MN
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 223001860
  • Tax Annual Amount: $3,178.00
  • Tax Legal Description: N 1/2 OF LOT 2, BLK 11
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2024
  • Tax With Assessments: 3178.0000
School Information
  • High School District: 2155 - Wadena-Deer Creek
  • School District Number: 2155
  • School District Phone: 218-632-2155
Property
Lot Information
  • Current Use: Commercial, Food Service, Residential, Restaurant, Retail
  • Lot Size Area: 0.08
  • Lot Size Dimensions: 25x140
  • Lot Size Units: Acres
  • Possible Use: Restaurant, Diversified, Investment
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Building Area Total: 5241.0
Property and Assessments
  • Age Of Property: 130
Utilities
  • Sewer: City Sewer/Connected
  • Utilities: None
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 3016.0
  • Fuel: Electric,Natural Gas
  • Road Frontage Type: City Street, Curbs, Paved Streets, Sidewalks, Street Lights, Highway
  • Road Responsibility: Public Maintained Road
  • Roof: Asphalt
Interior Features
  • Cooling: None
  • Com Kitchen Amen Desc: Cookware/Utensils,Prep Station,Refrigerator,Shelving and Racks,Freezer,Fryer,Oven,Pre-Piped Fire Suppression System
  • Garage Dimensions: 0
  • Garage Door Height: 0
  • Garage Door Width: 0
  • Garage Square Feet: 0
  • Heating: Forced Air, Radiant
  • Levels: Two
  • Number of Refrigerator: Three
  • Basement YN: No
Multi Family
Unit 1
  • Unit Bath 3Qtr: 1
  • Unit Rooms Total: 3
  • Unit Type Actual Rent: $475.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Is Leased: 1
  • Unit Level: SECND
  • Unit Number: 1
Unit 2
  • Unit Bath 3Qtr: 1
  • Unit Rooms Total: 3
  • Unit Type Actual Rent: $475.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Is Leased: 1
  • Unit Level: SECND
  • Unit Number: 2
Unit 3
  • Unit Bath 3Qtr: 1
  • Unit Rooms Total: 3
  • Unit Type Actual Rent: $450.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Is Leased: 1
  • Unit Level: SECND
  • Unit Number: 3

Property History for 205 Jefferson Street South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 205 Jefferson Street South

Taxable ValueLand$9,300Additions$186,600Total$195,900
Tax Record2023$3,178 ($265 / month)
Home Facts
Beds0StyleSingle Family ResidenceYear Built2003CountyWADENAAPN22-300-1860

Schools near 205 Jefferson Street South

This home is within Wadena-Deer Creek School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 7 to 12
Public - 5 to 6
Private - K to 6
Rating
School
Distance
Wadena-Deer Creek Elementary School
PublicPK to 4

Wadena-Deer Creek Senior High School
Public7 to 12

Wadena-Deer Creek 5th And 6th Grade
Public5 to 6

St. Ann's Catholic School
PrivateK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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205 Jefferson Street South is a mixed use property for sale in Wadena, MN 56482. This property was listed for sale on January 4, 2025 by Albers Realty, it's currently listed at $365,000. It has been on the market for a total of 8 days and was last sold on December 24, 2024. This listing's school district is Wadena-Deer Creek School District. Nearby schools include Wadena-Deer Creek Elementary School, Wadena-Deer Creek Senior High School and Wadena-Deer Creek 5th And 6th Grade. 205 Jefferson Street South is a 0-bed, 0-bath, 5,241 sqft mixed use property built in 1895.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Albers Realty

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 01/06/2025 08:04 PM