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$257,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 3,834 Sq. Ft.
  • 0.651 Acres
  • Updated 1 day ago
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This 3834 sq. ft., building was recently, & extensively update. It is a single story restaurant/bar located along Hwy 23 with great visibility. It is a great location, close to Pipestone, Jasper, Trent and Trosky. This facility sits on a 0.65 acre lot. It offers a generous amount of parking. No expense was spared with the updates, which were finished late fall of 2019. Most recent updates are a new furnace and a/c units. Don't miss the opportunity to own this turnkey property.

Full Property Details for 102 Waldo Ave S

General

  • Price: $257,000
  • Taxes: $828 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7033856
  • Updated: 3/11/2026
  • Added to Site: 2 day(s) ago

Interior

  • Appliances: Cooktop, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Freezer, Gas Water Heater, Indoor Grill, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Flooring: Carpet, Tile

Parking

  • Parking Features: Gravel

Location

  • County: Pipestone
  • Township: Ihlen
  • Subdivision: O P Of Ihlen
  • Driving Directions: Hwy 23 East on Judd St then North on Waldo St S.

School Information

  • School District: 1213 - Pipestone Area Schools
  • High School District: Pipestone Area Schools

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air, Ductless Mini-Split
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer in Street
  • Water: City Water (In-Street)
  • Utility Description: Heating Common

Structural Information

  • Exterior Const.: Block
  • Basement: Yes
  • Basement Desc.: Block, Storage Space, Sump Pump, Unfinished
  • Foundation Size: 3834
  • Disability Access: Fully Wheelchair, Grab Bars In Bathroom, Roll Under Accessibility
  • Square Feet: 3,834
  • Finished Down/Base.: 3,834 Sq. Ft.
  • Current Bldg. Use: Food Service, Restaurant
  • Year Built: 1950

Unit Information

  • Units w/Refrigerators: 3

Lot Features

  • Lot Size (Acres): 0.651
  • Lot Dimensions: 142 x 200
  • Potential Use: Rest/Lounge, Restaurant, Diversified, Lounge/Bar
  • Zoning: Business/Commercial
  • Lot Description: Irregular Lot

Financial Considerations

  • Tax Amount: $828
  • Tax Year: 2025
  • Terms: Contract for Deed, Conventional, VA, Cash, USDA

Disclosures and Reports

  • Legal Description: LOTS 1 TO 8 BLK 2 P18
  • Inclusions: Building, Business Assets, Fixture/Equipment, Inventory
  • Property ID: 162000280

Listed by Keller Williams Realty-SF

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— 102 Waldo Ave S —

  • Keller Williams Realty-SF

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 102 Waldo Ave S

School District:Pipestone Area School District
NameGradesDistance
Hill Elementary School
1401 7th Street Southwest, Pipestone, MN 56164
2-46.5 mi
Brown Elementary School
701 7th Street Southeast, Pipestone, MN 56164
PK-16.6 mi
Pipestone Middle School
1401 7th Street Southwest, Pipestone, MN 56164
5-86.5 mi
Pipestone Senior High School
1401 7th Street Southwest, Pipestone, MN 56164
9-126.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 102 Waldo Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/11/2026
Listed
$257,000
28.5%
MLS
4/03/2025
Sold
$200,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 102 Waldo Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$828
19%
$39,900
9%
2023
$696
-12%
$36,500
8%
2023
$792
-15%
$33,700
—
2022
$932
—
$33,700
2%
2021
$936
-43%
$33,200
100%
2015
$1,648
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Keller Williams Realty-SF

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102 Waldo Avenue S, Ihlen, MN 56164 (MLS# 7033856) is a Commercial property. 102 Waldo Avenue S is currently listed for $257,000 and was received on March 11, 2026. Want to learn more about 102 Waldo Avenue S? Do you have questions about finding other Commercial real estate for sale in Ihlen? You can browse all Ihlen real estate or contact a Coldwell Banker agent to request more information.

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