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$775,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 5,760 Sq. Ft.
  • 1.6 Acres
  • Updated 22 hours ago
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Well maintained commercial building, fully equipped to continue operations of a successful hat manufacturing business with international reach. Perfect opportunity to become a business owner or expand your business enterprise with a turn-key operation.

Full Property Details for 1240 Prairie Ave NW

General

  • Price: $775,000
  • Taxes: $6,904 (2026)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7077651
  • Updated: 5/20/2026
  • Added to Site: 2 day(s) ago

Parking

  • Parking Features: Asphalt, Parking Lot, Paved Lot

Location

  • County: Wadena
  • Township: Staples
  • Driving Directions: From Casey's in Staples, North on 8th Street, to Right on Prairie Ave, to property on Left.

School Information

  • School District: 2170 - Staples-Motley
  • High School District: Staples-Motley

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Common, Heating Common, Hot Water Common

Structural Information

  • Foundation Size: 5760
  • Disability Access: No Stairs Internal
  • Square Feet: 5,760
  • Finished Down/Base.: 5,760 Sq. Ft.
  • Current Bldg. Use: Manufacturing, Warehouse
  • Year Built: 2008

Lot Features

  • Lot Size (Acres): 1.6
  • Lot Dimensions: New Split
  • Zoning: Business/Commercial

Financial Considerations

  • Tax Amount: $6,904
  • Tax Year: 2026
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: Subject to new split of PID# 20-035-3035 - approximately described as the northerly 1.6 acres.
  • Inclusions: Building, Business Assets, Business, Fixture/Equipment, Land
  • Property ID: 200353035

Listed by Edina Realty, Inc.

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Listing agents

— 1240 Prairie Ave NW —

  • Edina Realty, Inc.

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NMLS#: 1598647

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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 1240 Prairie Ave NW

School District:Staples-Motley School District
NameGradesDistance
Staples Elementary School
1025 4th Street Northeast, Staples, MN 56479
PK-41.2 mi
Motley-Staples Middle School
401 Centennial Drive, Staples, MN 56479
5-81.5 mi
Staples-Motley Senior High School
401 Centennial Drive, Staples, MN 56479
9-121.5 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 1240 Prairie Ave NW Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/20/2026
Listed
$775,000
1309.09%
MLS
6/28/2010
Sold
$55,000
—
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 1240 Prairie Ave NW

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,230
33%
$264,600
26%
2023
$3,930
24%
$210,400
26%
2023
$3,162
-11%
$167,100
43%
2022
$3,538
12%
$117,200
6%
2021
$3,168
4%
$110,800
2%
2020
$3,054
-6%
$108,400
1%
2019
$3,236
-5%
$107,000
—
2018
$3,416
741%
$106,900
5%
2017
$406
-89%
$101,900
6%
2016
$3,854
—
$96,334
—
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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1240 Prairie Avenue NW, Staples, MN 56479 (MLS# 7077651) is a Commercial property. 1240 Prairie Avenue NW is currently listed for $775,000 and was received on May 20, 2026. Want to learn more about 1240 Prairie Avenue NW? Do you have questions about finding other Commercial real estate for sale in Staples? You can browse all Staples real estate or contact a Coldwell Banker agent to request more information.

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