118 Jefferson ST S, Wadena, MN 56482 - MLS#6762723

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Nick Leavy

nick@ermetro.com +1(612) 236-5331

$400,000

Est. payment - /mo

3,484 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6762723

Year Built 1880

Annual Tax Amount $1,078

Tax Year 2025

Contingent None

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 25x140

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!

Location

State MN

County Wadena

Zoning Business/Commercial

Rooms

Basement Partial, Concrete, Unfinished

Interior

Heating Forced Air

Cooling Central Air

Inclusions Building, Business Assets, Business, Fixture/Equipment, Inventory

Fireplace No

Appliance Microwave, Refrigerator

Exterior

Parking Features On-Street Parking Only, Other

Utilities Available Electric Common, Heating Common

Roof Type Flat

Present Use Commercial,Retail

Building

Story One

Foundation 2379

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One

Structure Type Block,Brick/Stone

Schools

School District Wadena-Deer Creek

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Listed by Jodana Albers Heinzen • Albers Realty

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