290 NE 1st Avenue Wells, MN ^$ 189,900

290 NE 1st Avenue

^$ 189,900

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290 NE 1st Avenue

Wells, MN, 56097

^$ 189,900

Bedrooms-- Baths--

Monthly Estimate*

^$ 1,312

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Commercial Property for sale in Wells, MN

for $189,900. This building was built in 1985.

Approximately 6,300 square feet of clean, flexible-use commercial space is available for sale in Wells! Located in a prime location with high-visibility and high-traffic, this building presents itself to many different uses. An updated interior with new bathrooms, flooring, trim, paint, fixtures, & more, plus on-site parking are good features. Contractor work to be completed early August; more details to come.

Commercial Active

Price

^$ 189,900

Property Type

Commercial

Taxes

^$ 0

Style

Commercial

Year Built

1985

Town/City

Wells

County/Region

Faribault

MLS | Web ID

267041080

Features

General

Heating Forced Air

Cooling Central

Roof Asphalt Shingles

Water City

Sewer City

Amenities Kitchen Area Restrooms

Status Active ACTIVE

Year Built 1985

Road Frontage City Street

Subdivision MN

Sale/Rent For Sale

School District United S. Central #2134

Sale/Lease For Sale

Exterior

Exterior Wood

Waterfront No

Construction Type Frame/Wood

* Excluded Features

List By

True Real Estate

Broker

tara@truerealestatemn.com

Affordability Calculator

$1,312

Per Month

Monthly Principal & Interest: $1,312
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Wells, MN

Average List Price ^$204,950

Percent of Sale Price 8%

About Wells, MN

2,249 Population

-16% Since 2002

^$48,093 Median Income

44.93 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4316706 Elementary School

4316708 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/1/2026	$189,000		Listed Price

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290 NE 1st Avenue, Wells, MN, 56097 is a Commercial Property for sale at $189,900. 290 NE 1st Avenue was built in 1985. The property's zip code is 56097 which is in Wells, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of The Broker Reciprocity (sm) Program of the REALTOR Association of Southern Minnesota Multiple Listing Service.

The information being provided is 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.

Data is updated as of 10/16/2026.

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290 NE 1st Avenue

Commercial Property for sale in Wells, MN

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