$53,000
SOLD JUN 30, 2026

136 S Broadway Wells, MN 56097

-- Bed
0.5 Bath
1,540 Sq Ft
2,614 Sq Ft Lot

Sale Details

Date Sold: June 30, 2026

$34 Per Sq Ft

20% Below List Price

91 Days on Market

Highlights

  • No HOA
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of June 2026

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

Last Agent to Sell the Property

Anna Rahn

HomeProz Real Estate Listed on: 02/26/2026

Last Buyer's Agent

Cinde Andersen

CENTURY 21 Northland Realty

CENTURY 21 Northland Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $983

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 20 x 140
  • Zoning described as Business/Commercial

Home Design

  • Block Foundation

Interior Spaces

  • 0.5 Bathroom
  • 1,540 Sq Ft Home
  • 1.5-Story Property

Unfinished Basement

  • Block Basement Construction
  • Basement Storage

Additional Features

  • Porch
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Wells Subdivision

Listing and Financial Details

  • Assessor Parcel Number 302002860

Home Details

Home Type

Single Family

Est. Annual Taxes

$983

Year Built

Built in 1910

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: Central Air
  • Outside Features: Stone
  • Accessibility Features: None
  • Water Source: City Water - In Street
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 1540
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Owner Access, Storage Space, Unfinished
  • Living Area: 1540
  • Fireplace: No
  • Basement YN: Yes

Beds/Baths

  • One Quarter Bathrooms: 1

Exterior Features

  • Foundation Details: Block
  • PatioPorchType: Porch

Garage/Parking

  • Parking Features: Gravel, Other

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer - In Street
  • Fuel: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: United South Central
  • SchoolDistrictPhone: 5075533134

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 20 x 140
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Business/Commercial
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 302002860
  • Tax Annual Amount: 983
  • TaxWithAssessments: 1052

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2026
Closed on
Jun 30, 2026
Sold by
Bought by
Seller's Agent
Anna Rahn
HomeProz Real Estate
Buyer's Agent
Cinde Andersen
CENTURY 21 Northland Realty
List Price
$65,900
Sold Price
$53,000
Premium/Discount to List
-$12,900
-19.58%
Views
50

Purchase Details

Closed on
Sep 10, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
3.59%
Mortgage Type
Commercial
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $53,000 Near North Title
Exchange Deed $30,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $25,974 Commercial
Previous Owner $25,974 Commercial
Previous Owner $22,500 Commercial
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/30/2026 06/30/26 Sold $53,000 -17.1% $34 / Sq Ft
05/28/2026 05/28/26 Pending -- -- --
05/11/2026 05/11/26 Price Changed $63,900 -3.0% $41 / Sq Ft
02/26/2026 02/26/26 For Sale $65,900 -- $43 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,052 $39,400 $5,300 $34,100
2024 $944 $35,000 $4,400 $30,600
2023 $840 $32,300 $1,700 $30,600
2022 $962 $26,100 $1,700 $24,400
2021 $922 $26,800 $1,700 $25,100
2020 $964 $26,800 $1,700 $25,100
2019 $730 $26,800 $1,700 $25,100
2018 $698 $20,000 $6,300 $13,700
2017 $800 $20,000 $6,300 $13,700
2015 $726 $20,000 $6,300 $13,700
2013 -- $20,000 $6,300 $13,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 7027201

NorthstarMLS

APN: 30.200.2860

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