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Active NEW!
$299,000
/mo Edit
Commercial:  1 Story
Built 1950
0.57 acres
MLS# 7021182
My rating:
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    Property Description

    Incredible commercial opportunity with unbeatable visibility right off Highway 371 in Aldrich, ideally located between Wadena and Staples. This expansive 7, 100 square foot property is full of potential for an entrepreneur, investor, or business owner ready to bring a vision to life. Formerly home to a well-known restaurant and entertainment venue, the building still features a spacious bar area, seating areas, a large stage, and multiple flexible spaces that could easily be transformed into an event center, restaurant concept, live music venue, retail marketplace, or divided into multiple tenant or vendor spaces. While the commercial kitchen has been removed, some restaurant elements remain, including a walk-in refrigerator and a large fireplace once used for roasting. The property also includes an office, abundant storage throughout, multiple bathrooms, and a huge parking lot with outdoor space that offers even more opportunity — perfect for outdoor events, seasonal markets, or future expansion. With high traffic exposure, a long-standing presence in the community, and endless ways to reimagine the space, this is a rare chance to own a truly unique commercial property in a prime location. Bring your ideas and your vision — opportunities like this don’t come along often. Schedule your private showing today!

    Listing

    Contingency: None
    City: Aldrich
    County: Wadena
    State: MN
    Property Style: 1 Story
    Zip Code: 56434

    Interior

    Flooring: Carpet, Vinyl
    Basement Details: Partial

    Exterior

    Stories: One
    Garage Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 7,164 ft2
    Foundation Dimensions: 76X56X12X63X36X35X19X16X9X68
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Forced Air
    Parking Features: Gravel
    Road Frontage: City Street
    Roof Details: Metal

    Lot & Land

    Acres: 0.57
    Geolocation: 46.3746916495, -94.9364973453
    Inclusions: Building
    Lot Dimensions: 179X60X149X78X217
    Addl Parcels: 163000160, 163000170
    Zoning: Business/Commercial
    Lot Description:
    • Corner Lot
    • Irregular Lot

    Farm

    Topography: Level

    Schools

    School District: 1062
    District Phone: 2188942430

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $3,244
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,608

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Restaurant
    Fuel System:
    • Electric
    • Propane
    Owner Occupied: Yes
    Sewer System:
    • Mound Septic
    • Private Sewer
    Available Utilities:
    • Electric Common
    • Heating Common
    Water System:
    • Drilled
    • Well

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.