Two main floor store fronts. Both leased. 4 second floor apartments, all leased. Current income is $3,300 per month.
Looking for a chance to own your own business building located in downtown business area? Great opportunity great location in the business district on Broadway. This is your chance to own a building across from theater, City offices, and surrounded by other businesses. This building has big windows great for window display, office space, big room for storage. Many improvement through out the years: 2023 new water heater, 2023 roof repair, 2020 new central air, tuck pointing in 2016, just a few of the updates. Schedule your tour and see how this building can help your business grow. This property "IS NOT" for Rent
Welcome to this well-maintained and high-quality commercial building in downtown Wells, MN, just a stone's throw away from the historic Depot Museum. Formerly operated as the American Legion, this property offers a fantastic opportunity for ownership and operation as a tavern, restaurant, or versatile meeting and event center. The sale includes most owned equipment, making it a turnkey investment. Spanning over 11,000 square feet, this property boasts an impressive finished space, including a basement area perfect for meetings and events, complete with a commercial kitchen. Recent upgrades such as a main floor kitchenette with exhaust system, HVAC, circuit breaker boxes, ELEVATOR, flooring, and ceiling tiles enhance the overall appeal of the building. With utilities averaging around $4,300 per year, this property presents a lucrative investment opportunity. Liquor and gamble license today could be negotiated. Don't Miss out today!
Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
The data on this web site comes in part from the REALTOR® Association of Southern Minnesota. The listings presented on behalf of the REALTOR® Association of Southern Minnesota may come from many different brokers but are not necessarily all listings of the REALTOR® Association of Southern Minnesota are visible on this site. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or selling. Information is believed to be reliable, but not guaranteed. Copyright ©2025 REALTOR® Association of Southern Minnesota. All rights reserved.
The median home value in Wells, MN is $133,250. This is lower than the county median home value of $133,300. The national median home value is $338,100. The average price of homes sold in Wells, MN is $133,250. Approximately 70.31% of Wells homes are owned, compared to 19.47% rented, while 10.22% are vacant. Wells real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Wells real estate agent to arrange a tour today!
Wells, Minnesota has a population of 2,283. Wells is more family-centric than the surrounding county with 25% of the households containing married families with children. The county average for households married with children is 24.28%.
The median household income in Wells, Minnesota is $47,383. The median household income for the surrounding county is $55,186 compared to the national median of $69,021. The median age of people living in Wells is 47 years.
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 5.1 degrees. The average rainfall is approximately 32.4 inches per year, with 40.6 inches of snow per year.