301 2nd Street NW Wells, MN ^$ 125,000

301 2nd Street NW

^$ 125,000

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301 2nd Street NW

Wells, MN, 56097

^$ 125,000

Bedrooms-- Baths1.0 Sq 4,880

Monthly Estimate*

^$ 863

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Commercial Property for sale in Wells, MN

for $125,000 with 1 full bath. This 4,880 square foot building was built in 1950 on a lot size of 0.32.

This property is currently used as a van garage. Nine overhead doors, one service door, two hanging furnaces, and half bath. The seller is a tax exempt entity. If the buyer is not a tax exempt entity, the real estate taxes will change. Please contact the Faribault County Assessor for specifics.

Commercial Pending

Price

^$ 125,000

Full Bath

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.32

Year Built

1950

Town/City

Wells

County/Region

Faribault

MLS | Web ID

7095582

Features

General

Sewer City Sewer/Connected

Heating Space Heater

Cooling None

Utilities Electric Common

Roof Rubber

Appliances None

Garage Spaces 9

Construction Materials Block

Year Built 1950

Topography Level

Levels One

Tax Year 2026

Current Use Storage Facility

Accessibility None

Additional Parcels Description 305030411

County Faribault

New Construction N

Property Type Commercial Sale

Contingency None

Subdivision Name Park Place Add

Possible Use Shop

Directions For State Hwy 109 go north on 3rd Ave NW for one block to property.

City Wells

High School District United South Central

Zoning Description Other Residential-Single Family

Number Of Units Total 1

Lot Size Units Acres

Land Lease Y/N N

Tax Annual Amount 0

Additional Parcels Y/N Y

Standard Status Pending

Lender Owned No

Interior

Basement None

Basement (Y/N) N

Total Bedrooms 0

Total Baths 1

Ceiling Height 11-15

Foundation Dimensions 90x40x50x32x40x72

Fuel Natural Gas

Garage Dimensions 90x40x50x32x40x72

Garage Door Width 10

Garage Square Feet 4880

Exterior

Parking Features Concrete Electric Garage Door Opener Heated Garage Parking Garage Secured

Water Source City Water/Connected

Inclusions Building Land

Lot Size Area 0.32

Building Area Total 4880

Lot Dimensions 140x145x165x55

Waterfront Y/N N

Foundation Area 4880

Road Frontage Type City Street

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 301

* Excluded Features

List By

Brad Heggen Realty, Inc

Broker

bheggen@bevcomm.net

Affordability Calculator

$863

Per Month

Monthly Principal & Interest: $863
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Commerical listings in Wells, MN

Average List Price ^$204,950

Percent of Sale Price 64%

About Wells, MN

2,249 Population

-16% Since 2002

^$48,093 Median Income

44.93 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1608669 Elementary School

1608670 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/18/2026	$125,000		Listed Price

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301 2nd Street NW, Wells, MN, 56097 is a Commercial Property for sale at $125,000 with 4,880 sqft and a lot size of 0.32. 301 2nd Street NW has 1.0 baths and was built in 1950. The property's zip code is 56097 which is in Wells, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 10/15/2026.

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301 2nd Street NW

Commercial Property for sale in Wells, MN

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