Description
High Point Land Company is proud to present 78.17+/- acres located within the city limits of Wadena, Minnesota, for sale via a sealed-bid auction with bids due at 5 pm on December 3rd. Conveniently positioned along Highway 20, this property offers a commercial land investment opportunity with excellent visibility and multiple access points. With all three tracts zoned commercial, this offering provides opportunities for businesses, investors, and developers looking to establish or expand their presence in the Wadena area.
The property is being offered through a sealed-bid auction featuring three individual tracts, allowing buyers to pursue the acreage and location that best fit their investment objectives. From a larger tract with a combination of tillable and wooded acreage to smaller parcels with prominent highway frontage, each tract offers its own advantages for potential commercial use.
Tract 1 - 44.66+/- Acres
Tract 1 features 19.69+/- tillable acres and 22.81+/- wooded acres, offering a diverse landscape with access from Highway 20. Its size and combination of open ground and wooded acreage provide flexibility for buyers evaluating commercial development opportunities. Located within Wadena's city limits, this tract offers the opportunity to acquire a larger acreage holding with convenient access to local amenities and transportation routes.
Tract 2 - 22.01+/- Acres
Tract 2 consists of 17.77+/- tillable acres with frontage along Juniper Avenue, Highway 20, 160th Street, and Louis Street NW. Situated within Wadena's business district, this tract offers strong visibility and access from multiple roadways, making it an attractive option for commercial investors and developers. Its prominent Highway 20 frontage provides exposure for businesses looking to establish a presence in the Wadena market. This tract is subject to restrictive covenants established by Walmart, and buyers should review these restrictions when evaluating potential uses.
Tract 3 - 9.70+/- Acres
Tract 3 features 9.70+/- tillable acres with frontage along Highway 20, Juniper Avenue, and 1st Street NW. Its manageable size, multiple road frontages, and location within Wadena city limits make it an appealing option for buyers seeking a smaller commercial investment. The property's visibility and accessibility offer potential for a variety of commercial uses, subject to applicable restrictions and approvals. This tract is also subject to restrictive covenants established by Walmart, which buyers should review as part of their due diligence.
With three distinct tracts available, this sealed bid auction presents an opportunity to acquire commercially zoned land in Wadena, Minnesota. Whether pursuing a larger acreage investment or a smaller commercial site, buyers have the flexibility to bid on the tract that aligns with their goals.
Interested buyers are encouraged to conduct their due diligence regarding utilities, access, permitted uses, restrictive covenants, and any additional requirements for their intended development. Review the sealed-bid auction terms and submit your bid through High Point Land Company for the opportunity to acquire commercial property in Wadena.
Property Address: TBD 2nd St NW, Wadena, MN 56482
Property Features:
- 78.17 +/- acres within Wadena, Minnesota city limits, in Wadena Township, Wadena County
- Located along Highway 20
- Offered through a sealed-bid auction as three individual tracts
- All tracts are currently zoned commercial; permitted uses and development are subject to zoning, approvals, and local requirements
- Potential for residential or commercial development, subject to applicable requirements
Tracts 2 and 3 are subject to Walmart restrictive covenants; buyers should review them and confirm permitted uses with local authorities
Directions:
Property is located adjacent to Walmart in Wadena, MN
