111 NE 1st Avenue Aldrich, MN $ 299,000
111 NE 1st Avenue
$ 299,000
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111 NE 1st Avenue

Aldrich, MN, 56434
$ 299,000
Bedrooms-- Baths-- Sq 7,164

Monthly Estimate*

$ 2,065

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Commercial Property for sale in Aldrich, MN

for $299,000. This 7,164 square foot building was built in 1950 on a lot size of 0.57.

Incredible commercial opportunity with unbeatable visibility right off Highway 10 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!

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Commercial Active

Price

$ 299,000

Property Type

Commercial

Taxes

$ 3,244

Style

Lot Size

0.57

Year Built

1950

Town/City

Aldrich

County/Region

Wadena

MLS | Web ID

7021182

Features
General
Sewer Mound Septic Private Sewer
Heating Baseboard Forced Air
Cooling Central Air
Utilities Electric Common Heating Common
Roof Metal
Garage Spaces 0
Year Built 1950
Topography Level
Levels One
Tax Year 2025
Current Use Restaurant
Accessibility None
Additional Parcels Description 163000160 163000170
County Wadena
New Construction N
Property Type Commercial Sale
Contingency None
Possible Use Other Restaurant Retail Shop Lounge/Bar
Directions Directly on HWY 10.
City Aldrich
High School District Staples-Motley
Zoning Description Business/Commercial
Number Of Units Total 1
Lot Size Units Acres
Carport Spaces 0
Land Lease Y/N N
Tax Annual Amount 3244
Additional Parcels Y/N Y
Virtual Tour https://wellcomemat.com/embed/5eh6d6d7529d1mget?mls=1
Standard Status Active
Lender Owned No
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Interior
Basement Partial
Basement (Y/N) Y
Foundation Dimensions 76X56X12X63X36X35X19X16X9X68
Fuel Electric Propane
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Exterior
Parking Features Gravel
Lot Features Corner Lot Irregular Lot
Water Source Drilled Well
Inclusions Building
Lot Size Area 0.57
Building Area Total 7164
Lot Dimensions 179X60X149X78X217
Waterfront Y/N N
Foundation Area 7164
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 111
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* Excluded Features
List By
Coldwell Banker Realty

Broker

chris@justlistedwithchris.com

Email

Affordability Calculator

$2,335
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,065
Monthly Property Taxes
$270
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
708962 Elementary School
708265 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/13/2026$299,000 Listed Price

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111 NE 1st Avenue, Aldrich, MN, 56434 is a Commercial Property for sale at $299,000 with 7,164 sqft and a lot size of 0.57. 111 NE 1st Avenue was built in 1950. The property's zip code is 56434 which is in Aldrich, MN