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Wesley Building 418 Jefferson St N 8,000 SF 100% Leased Office Building Wadena, MN 56482 $750,000 ($93.75/SF)
Executive Summary
For Sale: Multi-Use Commercial Building with Endless Potential! Step into a piece of history with this incredible multi-use commercial building, formerly the Wesley Hospital. Brimming with character and opportunity, this versatile property offers a unique canvas to bring your vision to life. With its expansive layout and multiple rooms, the possibilities are truly endless. Whether you're dreaming of multi-family housing, office spaces, or a creative mixed-use development, this building is ready to transform into your ideal space. Features include: Parking: On site parking with approximately 63 parking spaces and 3 handicap spaces. Multiple Rooms: Ideal for a variety of layouts and configurations. Laundry Facilities: Convenient for residential or commercial use. Attached Garages: Perfect for secure parking or additional storage. Elevator Access: Ensuring accessibility throughout the building. This property is your opportunity to reimagine a landmark and create something truly special. Whether you’re looking to invest, develop, or establish a legacy, the potential here is unmatched. Don’t wait to make your vision a reality—schedule a showing today and explore the possibilities!
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Medical
Building Size
8,000 SF
Building Class
C
Year Built
1923
Price
$750,000
Price Per SF
$93.75
Percent Leased
100%
Building Height
4 Stories
Typical Floor Size
2,000 SF
Building FAR
0.09
Lot Size
2.00 AC
Opportunity Zone
Yes
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Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 22-879-0040 | Improvements Assessment | $1,390,500 |
| Land Assessment | $66,400 | Total Assessment | $1,456,900 |
Property Taxes
Parcel Number
22-879-0040
Land Assessment
$66,400
Improvements Assessment
$1,390,500
Total Assessment
$1,456,900
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Contact the Sale Advisor
Wesley Building | 418 Jefferson St N