111 NE 1st Avenue, Aldrich, MN 56434 (MLS# 7021182)

111 NE 1st Avenue, Aldrich, MN 56434

$299,000
Property Type: Commercial Square Footage: 7,164 Lot Size (sq. ft.): 24,829 Status: Active
Current Price: $299,000 List Date: 2/13/2026 Last Modified: 6/26/2026

Overview

Description

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 fut ...

Listing Details MLS# 7021182

General Property Information

Lot Measurement
Acres
Multiple PIDs?
Yes
Other Parking Spaces
50
Owner Occupied
Yes
Waterfront YN
No
Year Built
1950
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
7164
For Sale or Lease
For Sale
Acres
0.57
Lot Dimensions
179X60X149X78X217
Assessment Pending
No

Property Features

Accessible: None Air Conditioning: Central Air Basement: Partial CMU Style: Business Opportunity Construction Status: Previously Owned Current Use: Restaurant Exterior: Steel Siding Flooring: Carpet; Vinyl/Linoleum Foundation: Concrete Block Fuel: Electric; Propane Heating: Baseboard; Forced Air Loan Terms: Cash; Conventional; FHA Location Description: Downtown; Free Standing Lock Box Type: Combo Lot Description: Corner Lot; Irregular Lot On Site Utilities: Electric Common; Heating Common Parking Characteristics: Gravel Lot Potential Use: Lounge/Bar; Other; Restaurant; Retail; Shop Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Metal Sewer: Mound Septic; Private Sewer Stories: One Topography: Level Water: Drilled; Well

Contract Information

Contingency
None
ListPrice
299000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
111
Street Direction Prefix
NE
Street Name
1st
Street Suffix
Avenue
Postal City
Aldrich
County
Wadena
State
MN
Zip Code
56434

Additional Parcels Information

Property ID #2
163000160
Property ID #3
163000170

Assessments

Assessment Installment
364
Tax With Assessments
3608

More Information

Basement

Foundation Dimensions
76X56X12X63X36X35X19X16X9X68

Building Information

Building Finished SqFt
7164
Building SqFt
7164

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Sale Options

Sale Includes
Building

Unit Details

Total Units
Yes
IDX
Listing Office: Coldwell Banker Realty
Last Updated: June - 26 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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