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MLS: #7027201, Listed By: Anna Rahn, HomeProz Real Estate, Source:FargoMoorhead Area Association of REALTORS

136 S Broadway

Wells, MN 56097
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Bed --

Bed

Bath 1

Bath

SqFt1,540

Sqft

Acres0.06

Acre(Lot)

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 wit h 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

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Detail Ic Property Details

Property Type : Residential

Price : $63,900

AD Id : 75659658

MLS Id : 7027201

Lot Size : 0.06 Acre

Living Area Size : 1,540

Year Built : 1910

County : Faribault

Subdivision: Metes And Bounds

  • Map Map

Map

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Feature Features

  • Bathroom Information

    Total Baths: 1

    Room Information

    Has Basement: Yes Basement: Storage Space, Unfinished, Block, Concrete
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1910 Building Area Total: 3740 Stories: 1 Patio And Porch Features: Porch Private Pool: No

  • Lot Information

    Lot Dimensions: 20 x 140 Main Square Feet: 0.06 Acres Lot Size Acres: 0.06 Lot Size Square Feet: 2613.6

    Property Information

    Subdivision: Wells Source Property Type: Residential Property SubType: Single Family Residence Levels: One and One Half Property Age: 116

  • Listing Price Information

    Listing Price: $63900 Original Price: $65900

  • Tax Information

    Parcel Number: 302002860 Annual Tax: $1052

  • Parking Information

    Gravel, Other

  • Location Information

    Direction: From Albert Lea, head West on I-90, take the Alden exit and continue West until you reach Wells, turn left onto South Broadway. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
245 3rd Avenue, Wells, MN, 56097 $95,000 2 2 1,110 1,110 SqFt
545 2nd Avenue, Wells, MN, 56097 $164,900 4 2 1,523 1,523 SqFt
524 1st Avenue, Wells, MN, 56097 $170,000 4 2 2,100 2,100 SqFt
20 2nd Avenue, Wells, MN, 56097 $209,000 5 3 2,755 2,755 SqFt
377 1st Street, Wells, MN, 56097 $209,500 3 2 1,874 1,874 SqFt
391 W Franklin Street, Wells, MN, 56097 $120,000 4 2 1,500 1,500 SqFt
801 4th Avenue, Wells, MN, 56097 $160,000 3 1 1,176 1,176 SqFt
90 5th Avenue, Wells, MN, 56097 $259,000 4 2 1,893 1,893 SqFt
498 7th Street, Wells, MN, 56097 $219,500 2 2 1,541 1,541 SqFt
799 4th Street, Wells, MN, 56097 $279,900 4 3 2,292 2,292 SqFt
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than ByOwner are marked with the listing office name. 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. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.

ByOwner last updated this listing 06/04/2026 @ 00:33

MLS: 7027201 LISTED BY: Anna Rahn, HomeProz Real Estate 507-373-5660 SOURCE: FargoMoorhead Area Association of REALTORS

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