Date
Details
Price
Change
Source
8/14/2026
Listed
$189,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$189,900 Just Listed
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Property Description
Approximately 6,300 square feet of clean, flexible-use commercial space is available for sale in Wells! Located in a prime location with high-visibility and high-traffic, this building presents itself to many different uses. An updated interior with new bathrooms, flooring, trim, paint, fixtures, & more, plus on-site parking are good features. Contractor work to be completed early August; more details to come.
Full Property Details
Full Property Details for 290 1st Ave NE
General
- Price: $189,900
- Taxes: (2026)
- Status: Active
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 7119515
- Updated: Today (8/14/2026)
- Added to Site: Today
Interior
- Appliances: Exhaust Fan
Parking
- Parking Features: Gravel
Location
- County: Faribault
- Township: Wells
- Subdivision: Leland & Andrews Add
- Driving Directions: From 3rd St. NW/MN109, in Wells, head south on 1st Ave. NE. Property is first on your right.
School Information
- School District: 2134 - United South Central
- High School District: United South Central
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, Heating Common, Hot Water Common
Structural Information
- Basement: Yes
- Foundation Size: 6384
- Roof: Asphalt
- Disability Access: Partially Wheelchair
- Square Feet: 6,384
- Finished Down/Base.: 6,384 Sq. Ft.
- Current Bldg. Use: Commercial
- Year Built: 1985
Lot Features
- Lot Size (Acres): 0.321
- Lot Dimensions: 70 x 200
- Frontage: City Street
- Zoning: Business/Commercial
Financial Considerations
- Tax Year: 2026
- Terms: Conventional, Cash
Disclosures and Reports
- Legal Description: LELAND & ANDREWS' ADDITION BLOCK-008 E 1/2 OF 9, 10, 11 & 12
- Inclusions: Fixture/Equipment
- Property ID: 304261490
Listed by True Real Estate
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— 290 1st Ave NE —
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NMLS#: 1598647
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Schools
Schools serving 290 1st Ave NE
School District:United South Central School District
| Name | Grades | Distance |
|---|---|---|
United South Central Elementary School 600 11th Street Southwest, Wells, MN 56097 | PK-6 | 1.1 mi |
United South Central High School 600 11th Street Southwest, Wells, MN 56097 | 7-12 | 1.1 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 290 1st Ave NE
Tax History
Tax History for 290 1st Ave NE
Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
$247,800
-20%
2024
100%
$310,700
100%
2023
100%
100%
2022
100%
100%
2021
-100%
100%
2020
$17
183%
100%
2019
$6
100%
100%
2018
-100%
100%
2017
$132
2100%
100%
2015
$6
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 290 1st Ave NE
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- Single Family
- Closed
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290 1st Avenue NE, Wells, MN 56097 (MLS# 7119515) is a Commercial property. 290 1st Avenue NE is currently listed for $189,900 and was received on August 14, 2026. Want to learn more about 290 1st Avenue NE? Do you have questions about finding other Commercial real estate for sale in Wells? You can browse all Wells real estate or contact a Coldwell Banker agent to request more information.