118 Jefferson Street S, Wadena, MN
$127,000
2,379
Square feet
0.08
Acres
About 118 Jefferson Street S
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!
Features of 118 Jefferson Street S
| MLS® # | 6762723 |
|---|---|
| Price | $127,000 |
| Square Footage | 2,379 |
| Acres | 0.08 |
| Year Built | 1880 |
| Type | Commercial |
| Status | Active |
| Contingency Type | None |
Community Information
| Address | 118 Jefferson Street S |
|---|---|
| City | Wadena |
| County | Wadena |
| State | MN |
| Zip Code | 56482 |
Amenities
| Garages | On-Street Parking Only, Other |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Microwave, Refrigerator |
|---|---|
| Heating | Forced Air |
| Cooling | Central Air |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Partial, Concrete, Unfinished |
Exterior
| Roof | Flat |
|---|---|
| Construction | Block, Brick/Stone |
School Information
| District | Wadena-Deer Creek |
|---|
Additional Information
| Zoning | Business/Commercial |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $1,078 |
| Tax Year | 2025 |
| Office | Albers Realty |
Listing Details
| Office | Albers Realty |
|---|