132 S Broadway, Wells, MN 56097 (MLS# 6772567)


$120,000
132 S Broadway
Wells, MN 56097
MLS# 6772567
Status: Closed
5 beds  |  4 baths  |  4125 sqft


132 S Broadway, Wells, MN 56097
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Property Description
This absolutely turn-key property is ready for new owners with multi-use space. Rental? AirBnb? Office use? A combo for all of the above? YES! Fully furnished throughout, the front part of the main floor highlights an exposed brick wall, original, restored tin ceiling, and offers a large conference/gathering room with 2 separate offices (both framed out and insulated for soundproofing), each with locking doors. The basement access is from the front area as well, with a functioning 1/2 bath and full storage space, nicely lit and dry. The back part of the main floor is accessed by another (lockable) door, and includes a kitchenette (fridge, countertop dishwasher, sink, & microwave), laundry room, 3/4 shower, bedroom or living space, bedroom or living space in a loft area, and access to the backyard/alley/single garage. Upstairs, a totally renovated (think new wiring/plumbing/drywall/etc) 3 bedroom, 2 bath apartment awaits. An open-concept entry/living/dining/kitchen, complete with full-size washer/dryer is tastefully done and maximizes space. A 3/4 bath w/access to utility room, 2 storage closets, 3 bedrooms, and a full bath complete the 2nd floor. This would be a great owner unit, or a fantastic rental-income opportunity. Well cared for throughout, this property offers numerous updates (furnace, plumbing & electrical, fixtures, and more) plus so many business opportunities. Don't miss out on your chance to own this stunning brick building in Downtown Wells!

Details
Maps
Contract Information
Status: Closed
Off Market Date: 2025-10-13
Current Price: 100000
Closed Date: 2025-11-14
Sales Close Price: 100000
Contingency: None
ListPrice: 120000
List Date: 2025-08-15
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 1
Owner Occupied: No
Waterfront YN: No
Year Built: 1910
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Bedrooms: 5
Baths Total: 4
Foundation Size: 1375
Garage Stalls: 1
For Sale or Lease: For Sale
Acres: 0.08
Lot Dimensions: 25x140
Assessment Pending: No
Location Tax and Other Information
House Number: 132
Street Direction Prefix: S
Street Name: Broadway
Postal City: Wells
County: Faribault
State: MN
Zip Code: 56097
Complex/Dev/Subdivision: Wells
Assessments
Tax With Assessments: 82
Basement
Foundation Dimensions: 25x55
Building Information
Building Finished SqFt: 2750
Building SqFt: 4125
Lease Details
Land Leased: Not Applicable
Lock Box Type
Lock Box Source: RASM
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Sale Options
Sale Includes: Building, Other
Unit 1
Unit Number: 1
Half Baths: 1
Total Bathrooms: 1
Total Rooms: 3
Level: Main Level
Unit Total SqFt: 680
Leased?: No
Unit 2
No. of 2 Bedroom Units: 1
Leased?: No
Level: Main Level
Three-Quarter Baths: 1
Total Bathrooms: 1
Total Bedrooms: 2
Total Rooms: 3
Unit Number: 2
Unit Total SqFt: 695
Unit 3
No. of 3 Bedroom Units: 1
Full Baths: 1
Leased?: No
Level: 2nd Level
Three-Quarter Baths: 1
Total Bathrooms: 2
Total Bedrooms: 3
Total Rooms: 5
Unit Number: 3
Unit Total SqFt: 1175
Unit Details
Total Units: 3
Property Features
Accessible: None
Air Conditioning: Central Air
Amenities Unit: Ceiling Fan(s); Natural Woodwork; Tile Floors; Washer/Dryer Hookup
Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer
Basement: Full
CMU Style: Mixed Use
Construction Materials: Brick; Stone
Construction Status: Previously Owned
Current Use: Business Service; Residential
Exterior: Brick/Stone; Vinyl
Financing Terms: Conventional
Foundation: Stone
Fuel: Natural Gas
Heating: Forced Air
Loan Terms: Cash; Conventional
Lock Box Type: None
On Site Utilities: Electric Common; Heating Common; Hot Water Common
Overhead Door Clearance: 0-9 Feet
Potential Use: Income; Professional
Road Frontage: City Street; Curbs; Paved Streets; Sidewalks
Roof: Flat; Rubber
Sewer: City Sewer/Connected
Stories: Two
Water: City Water/Connected

Listing Office: True Real Estate

Last Updated: November - 15 - 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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