$299,000
111 NE 1st Avenue Aldrich, MN 56434
For Sale MLS# 7021182
7,164 sq ft Commercial
Details for 111 NE 1st Avenue
MLS# 7021182
Description for 111 NE 1st Avenue, Aldrich, MN, 56434
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!
Listing Information
Property Type: Commercial, Business Opportunity
Status: Active
Lot Size: 0.57 Acres
Square Feet: 7,164 sq ft
Year Built: 1950
Foundation: 7,164 sq ft
Stories: 1 Story
Number Of Units Total: 1
Current Use: Restaurant
County: Wadena
Days On Market: 50
Construction Status: Previously Owned
School Information
District: 2170 - Staples-Motley
Interior Features
Flooring: Carpet,Vinyl/Linoleum
Basement: Partial
Utilities
Water: Well, Drilled
Sewer: Private, Mound
Other Utilities: Electric Common,Heating Common
Cooling: Central
Heating: Forced Air, Baseboard, Propane, Electric
Exterior / Lot Features
Open Parking: 50
Parking Description: gravel lot
Exterior: Steel Siding
Roof: Metal
Lot Dimensions: 179X60X149X78X217
Zoning: Business/Commercial
Topography: Level
Additional Exterior/Lot Features: Irregular Lot, Corner Lot, Land Inclusions - Building, Road Frontage - City
Driving Directions
Directly on HWY 10.
Financial Considerations
Tax/Property ID: 163000180
Tax Amount: 3244
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Coldwell Banker Realty
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively 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. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 111 NE 1st Avenue
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 111 NE 1st Avenue
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
Coming soon properties will soon be on the market, but are not yet available for showings.