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Pending
  • Price cut: $2K (5/11)
    $63,900

    136 S Broadway, Wells, MN 56097

    0beds
    1,540sqft
    : 
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    Single Family
    Built in 1910
    2,613 Square Feet Lot
    $-- Zestimate®
    $41/sqft
    $-- HOA

    What's special

    Colorful hanging flower basketsBright lightsSpacious bathroomBeautifully maintained streets
    If you’ve been waiting for the right opportunity at the right price, THIS IS IT! Bring your vision to life – starting with a charming, versatile, highly visible, well-maintained building in the heart of downtown Wells. Perfect for launching a new venture or relocating your growing business! Location, Location, Location! Perfectly positioned right on Broadway, your storefront sits in the center of it all. Built-in foot traffic from neighboring favorites — the movie theatre across the street, cozy coffee shops, bakery, post office, restaurants, fitness center, secondhand store, vehicle repair, gas station, and more — all just steps away. Wells is a thriving small town and known for its friendly, supportive business community where neighbors help neighbors. The city shines year-round with beautifully maintained streets, colorful hanging flower baskets, bright lights and exceptional snow removal that keeps business flowing in every season. A Town That Draws a Crowd Wells knows how to attract people downtown! Many annual events such as Wells Kernel Days, Glow Golf Tourn, Wells Does It Bright, Summer in the City, and more that create impressive traffic and exposure for local business. Wells population is approx 2,400 with major local employers such as Brakebush, Wells Concrete, Herman Mfg, Wells Market Place and more providing a steady customer base. Also conveniently located just 40 min from Mankato and 25 min from Albert Lea. The Space: Flexible, Functional & Full of Potential Main Level Highlights: • Inviting front showroom perfect for retail or professional offices • Large display windows to beautifully showcase your products or services • Spacious bathroom • Expansive back area ideal for additional retail space, or private offices and conference room • Small kitchenette area for staff convenience • Central air & forced heat • Built in cabinets and counters stay Upper Level: • 660 sq. ft. unfinished space • Three large windows offering incredible natural light • Excellent opportunity for future office build-out or additional storage • No roof leaks Outdoor Bonus: • Impressive backyard space perfect for picnic tables, grilling, extra parking, or creative expansion ideas Basement: • Unfinished but solid and dry • Bathroom plumbing hookups in place • Great storage space • No water issues Thoughtful Upgrades Over the Years • 2023 – New Water Heater • 2023 – Partial Roof Replacement • 2020 – New Central Air • 2020 – Metal roofing installed where skylight once was • 2018 – Stabilizing jacks added in basement • 2016 – Tuck pointing completed • 2012 – New Front Door • 2011 – Spray insulation in basement + extended exterior drains • 2009 – New Furnace
    123 days
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    Zillow last checked:

    Listing updated:

    Listed by:

    Anna Rahn 507-383-6399,

    HomeProz Real Estate

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7027201MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 0
      • Bathrooms: 1
      • 1/4 bathrooms: 1
      Heating
      • Forced Air
      Cooling
      • Central Air
      Features
      • Basement: Block,Owner Access,Storage Space,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 3,740
      • Total interior livable area: 1,540 sqft
      • Finished area above ground: 1,540
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Gravel, Other
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One and One Half
      • Stories: 1.5
      • Patio & porch: Porch
      Lot
      • Size: 2,613 Square Feet
      • Dimensions: 20 x 140
      Details
      • Foundation area: 1540
      • Parcel number: 302002860
      • Zoning description: Business/Commercial

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Condition
      • New construction: No
      • Year built: 1910

      Utilities & green energy

      • Gas: Electric
      • Sewer: City Sewer - In Street
      • Water: City Water - In Street

      Community & HOA

      Community
      • Subdivision: Wells
      HOA
      • Has HOA: No
      Location
      • Region: Wells

      Financial & listing details

      • Price per square foot: $41/sqft
      • Annual tax amount: $983
      • Date on market: 2/26/2026
      • Cumulative days on market: 487 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,081/mo

        Price history

        DateEventPrice
        5/28/2026Pending sale$63,900$41/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7027201 Report a problem
        5/11/2026Price change$63,900-3%$41/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7027201 Report a problem
        2/26/2026Listed for sale$65,900$43/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7027201 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 56097

        Nearby schools

        GreatSchools rating

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