For Sale: Wadena MLS# 6762723
Active
NEW!
$400,000
Commercial: 1 Story
Built 1880
0.08 acres
Wadena-Deer Creek schools
MLS# 6762723
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Property Description
Step into a piece of local history with this incredible opportunity to own and operate Lyle’s Shoe Store, a long-standing retail staple in downtown Wadena since 1955 (70 years in business!). This turn-key business sale includes the building, all inventory, established brand name, recognizable logo, point-of-sale/operating system, security camera setup, office equipment, shelving, and more—everything you need to keep the legacy thriving.
Strategically located in the heart of Wadena’s downtown district, Lyle’s Shoe Store offers great street visibility and consistent foot traffic from loyal customers and new visitors alike. With decades of trusted service, this business enjoys a strong reputation and deep community roots.
Whether you're an aspiring entrepreneur or a seasoned business owner looking to expand, this is a rare chance to step into a fully equipped retail operation with immediate income potential.
Don’t miss your chance to own a local icon. Schedule your showing today!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$400,000
Property Type:
Commercial
City:
Wadena
Garage Spaces:
0
County:
Wadena
Year Built:
1880
State:
MN
Property Style:
1 Story
Zip Code:
56482
Interior
Ceiling Height:
11-15
Refrigerators:
One
Appliances Included:
- Microwave
- Refrigerator
Basement Details:
- Concrete
- Partial
- Unfinished
Exterior
Stories:
One
Garage Spaces:
0
Garage Dimensions:
0
Garage Door Height:
0
Garage Door Width:
0
Other Parking Spaces:
2
Air Conditioning:
Central Air
Foundation Size:
2,379 ft2
Handicap Accessible:
No Stairs External
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- On-Street Parking Only
- Other
Unit Amenities:
- Ceiling Fan(s)
- Security System
Road Frontage:
- City Street
- Highway
Exterior Material:
- Block
- Brick/Stone
Roof Details:
Flat
Lot & Land
Acres:
0.08
Geolocation:
46.440399, -95.136965
Inclusions:
Building, Business Assets, Business, Fixture/Equipment, Inventory
Lot Dimensions:
25 x 140
Zoning:
Business/Commercial
Farm
Topography:
Level
Schools
School District:
2155
District Phone:
218-632-2155
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$1,078
Lender-owned:
Not disclosed
Assessment Pending:
Unknown
Taxes w/ Assessments:
$1,078
Units
Total Units:
1
Miscellaneous
Current Use:
- Commercial
- Retail
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
Water System:
City Water/Connected
Mortgage Calculator
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Listing provided by RMLS,
courtesy of Albers Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.