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305 Jefferson St S 14,200 SF 64% Leased Retail Building Wadena, MN 56482 $199,000 ($14.01/SF)



Investment Highlights
- Shared Parking Lot over 6,000 Square Feet
- Overhead Garage Door in Back of Building
- on HWY 71 3 blocks off of HWY 10
- 1,080 Square Feet of Cold Storage
- Building is equipped with 3 phase Electric Power
- large front display window
Executive Summary
Opportunity to purchase half of the building for 5142 SQ FT. for the low price of $199,000.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
14,200 SF
Building Class
C
Price
$199,000
Price Per SF
$14.01
Percent Leased
64%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.68
Lot Size
0.48 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
10 Spaces (1.94 Spaces per 1,000 SF Leased)
Frontage
36’ on Jefferson St
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Option of leasing 2,152 Additional Square Feet. Lease with Option to Buy.
| Space | Size | Space Use | Position | Available |
| 319 | 5,142 SF | Retail | - | 30 Days |
319
| Size |
| 5,142 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
319
| Size | 5,142 SF |
| Space Use | Retail |
| Position | - |
| Available | 30 Days |
Option of leasing 2,152 Additional Square Feet. Lease with Option to Buy.
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 22-300-2400 | Improvements Assessment | $235,800 |
| Land Assessment | $36,100 | Total Assessment | $271,900 |
Property Taxes
Parcel Number
22-300-2400
Land Assessment
$36,100
Improvements Assessment
$235,800
Total Assessment
$271,900
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Brad Krotzer
305 Jefferson St S
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