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$188,000 -$10,000 (-5.05%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 9,617 Sq. Ft.
  • 0.135 Acres
  • Updated 3 days ago
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Prime Downtown Wadena Commercial Opportunity! Located at the bustling corner of Jefferson Street and Bryant Avenue, this beautifully updated commercial building offers over 5,000 square feet of versatile space. Currently home to the successful Now and Forever Wedding Gallery, the property has been thoughtfully maintained and offers excellent visibility, foot traffic, and business potential. The owner is open to selling the building alone or as a turnkey package including the established formalwear business-perfect for an entrepreneur looking to step into a thriving operation. Whether you're looking to expand your investment portfolio or bring your own vision to life, this prime corner property in the heart of Wadena offers endless possibilities. (The list price is for the building only, reach out for price including business)

Full Property Details for 124 Jefferson St S

General

  • Price: $188,000
  • Taxes: $3,052 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6732926
  • Updated: 1/12/2026
  • Added to Site: 225 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 1

Parking

  • Parking Features: On-Street Parking Only

Location

  • County: Wadena
  • Township: Wadena
  • Driving Directions: From the intersection of hwy 10 and 71, go south on 71. Property is on the east side of 71 (Jefferson st)

School Information

  • School District: 1053 - Wadena-Deer Creek
  • High School District: Wadena-Deer Creek

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Basement: Yes
  • Basement Desc.: Partial
  • Foundation Size: 5665
  • Disability Access: None
  • Square Feet: 9,617
  • Finished Down/Base.: 9,617 Sq. Ft.
  • Current Bldg. Use: Professional/Office
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.135
  • Lot Dimensions: 118 x 50
  • Zoning: Business/Commercial

Financial Considerations

  • Tax Amount: $3,052
  • Tax Year: 2025
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: W 118' OF LOT 9, BLK 7 SUBJ TO PARTY WALL ON N WALL OF LOT 9 & S WALL OF BLDG ON LOT 8
  • Inclusions: Building
  • Property ID: 223001300

Listed by Hinkle Realty

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Listing agent

— 124 Jefferson St S —

  • Hinkle Realty

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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 124 Jefferson St S

School District:Wadena-Deer Creek School District
NameGradesDistance
Wadena-Deer Creek Elementary School
215 Colfax Avenue Southwest, Wadena, MN 56482
PK-40.3 mi
Wadena-Deer Creek Senior High School
600 Colfax Avenue Southwest, Wadena, MN 56482
7-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 124 Jefferson St S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/12/2026
Price Reduced
$188,000
-5.05%
MLS
6/04/2025
Listed
$198,000
153.85%
MLS
12/29/2016
Sold
$78,000
—
Public Record
Get Price Alerts and Save Property
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 124 Jefferson St S

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,052
55%
$199,500
28%
2023
$1,974
-7%
$156,400
69%
2023
$2,122
-3%
$92,300
2%
2022
$2,178
-2%
$90,600
20%
2021
$2,216
2%
$75,800
-1%
2020
$2,180
3%
$76,400
-1%
2019
$2,126
-3%
$77,200
7%
2018
$2,200
749%
$72,100
4%
2017
$259
-87%
$69,100
2%
2016
$2,044
—
$67,718
—
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 Hinkle Realty

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124 Jefferson Street S, Wadena, MN 56482 (MLS# 6732926) is a Commercial property. 124 Jefferson Street S is currently listed for $188,000 and was received on June 04, 2025. Want to learn more about 124 Jefferson Street S? Do you have questions about finding other Commercial real estate for sale in Wadena? You can browse all Wadena real estate or contact a Coldwell Banker agent to request more information.

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