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$199,900 Just Listed

  • For Sale
  • Active
  • Commercial
  • 5,142 Sq. Ft.
  • 0.482 Acres
  • Updated 1 day ago
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Downtown Wadena Commercial Building for Sale! Here's your chance to own a great commercial property in the heart of downtown Wadena! A dedicated 6,300 sq. ft. parking lot plus additional Main Street parking ensures convenient access for customers and employees. The building has 3 phase electric making it ideal for heavy industrial machinery! At the back of the building, you'll find a 48'x52' garage with an overhead garage door, perfect for storage, deliveries, or light industrial use. Whether you're an investor looking for rental opportunities or a business owner seeking your own space, this property offers outstanding potential in a prime location!

Full Property Details for 309 Jefferson St S

General

  • Price: $199,900
  • Taxes: $3,970 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7041135
  • Updated: 3/23/2026
  • Added to Site: 2 day(s) ago

Parking

  • Parking Features: Parking Lot

Location

  • County: Wadena
  • Township: Wadena
  • Driving Directions: south on hwy 71 from intersection of 10&71

School Information

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

Heating & Cooling

  • Heating Type: Baseboard, Boiler
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Foundation Size: 14400
  • Roof: Rubber
  • Disability Access: None
  • Square Feet: 5,142
  • Finished Down/Base.: 5,142 Sq. Ft.
  • Current Bldg. Use: Office, Professional Service, Warehouse
  • Year Built: 1950

Lot Features

  • Lot Size (Acres): 0.482
  • Lot Dimensions: 150' x 140'
  • Zoning: Business/Commercial

Financial Considerations

  • Tax Amount: $3,970
  • Tax Year: 2025
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: LOTS 3, 4 & 5, BLK 14
  • Inclusions: Building
  • Property ID: 223002400

Listed by Hinkle Realty

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— 309 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 309 Jefferson St S

School District:Wadena-Deer Creek School District
NameGradesDistance
Wadena-Deer Creek Elementary School
215 Colfax Avenue Southwest, Wadena, MN 56482
PK-40.2 mi
Wadena-Deer Creek Senior High School
600 Colfax Avenue Southwest, Wadena, MN 56482
7-120.5 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 309 Jefferson St S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/23/2026
Listed
$199,900
-9.14%
MLS
12/01/2023
Sold
$220,000
—
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 309 Jefferson St S

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,970
—
$271,900
59%
2023
$3,984
-6%
$171,500
—
2022
$4,250
-3%
$171,300
14%
2021
$4,374
3%
$149,800
-1%
2020
$4,238
-3%
$151,900
1%
2019
$4,356
-14%
$150,000
1%
2018
$5,052
1008%
$148,400
5%
2017
$456
-89%
$141,800
12%
2016
$4,010
—
$126,910
—
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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309 Jefferson Street S, Wadena, MN 56482 (MLS# 7041135) is a Commercial property. 309 Jefferson Street S is currently listed for $199,900 and was received on March 23, 2026. Want to learn more about 309 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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