$1,500,000

1201 1st Street, Waubun, MN 56589

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$1,500,000

(400,000) 06/24/2025

Courtesy: Edina Realty, Inc. Listed by: Edina Realty, Inc.

1201 1st Street Waubun, MN 56589

For Sale MLS# 6512103

46,318 sq ft Commercial

Courtesy: Edina Realty, Inc. Listed by: Edina Realty, Inc.

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Data current as of 31/12/2025 16:44:36

Details for 1201 1st Street

MLS# 6512103

Description for 1201 1st Street, Waubun, MN, 56589


Step into the market with Waubun Steel, a turnkey business rooted deeply in the community since before 1976. This sale includes everything you need to take over and drive forward a well-established business in the metal industry known for its quality products and exceptional service. Located in the bustling heart of Waubun, the property boasts strategic positioning with high visibility and accessibility, ensuring ongoing patronage and opening doors to new business opportunities. The extensive facilities include 3 buildings across 3 property IDs, making up 32,318 square feet of space. These are perfectly suited not only for continuing the current operations but also for expansion into new business areas. As a staple of the community with a long-standing history and a robust reputation, owning Waubun Steel means becoming part of a legacy. It's a business that has been pivotal to the local economy, offering a strong customer base and well-established goodwill.

Listing Information


Property Type: Commercial, Business Opportunity

Status: Active

Square Feet: 46,318 sq ft

Year Built: 1976

Foundation: 46,318 sq ft

Number Of Units Total: 3

Current Use: Commercial,Manufacturing

County: Mahnomen

Days On Market: 635

Construction Status: Previously Owned

School Information


District: 435 - Waubun-Ogema-White Earth

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Other Utilities: Heating Separate

Heating: Propane, Baseboard

Exterior / Lot Features


Open Parking: 10

Parking Description: Uncovered/Open, Storage, Paved Lot, gravel lot, On-Street Parking Only, Multiple Garages

Exterior: Steel Siding

Lot Dimensions: 1.009

Zoning: Business/Commercial

Additional Exterior/Lot Features: Land Inclusions - Building,Business,Business Assets,Fixture/Equipment,Inventory,Land

Driving Directions


Hwy 59 to left on Pleasant Ave to right on 1st Street to property on left.

Financial Considerations


Tax/Property ID: 195001010

Tax Amount: 1736

Tax Year: 2025

HomeStead Description: Non-Homesteaded

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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

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

Schools nearby 1201 1st Street

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Data powered by ATTOM Data Solutions. Copyright© 2025. 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.

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