For Sale: Red Wing MLS# 7007364
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Property Description
Discover an exceptional opportunity to own a commercial building situated on a half acre corner lot in the Historic Downtown Red Wing. This multi generational business has been part of Red Wing’s history for decades. Currently being used as a Grocery and other retail store, this prime location could give way to many new potential business opportunities. The building features over 11, 000 square feet on two levels and a large paved parking lot for further expansion and/or required parking spaces. Located in the heart of downtown the building could be converted to a mix use for multiple retail stores, professional, or even storage units. Being it’s located so close to 3 high rise apartments. Owner is retiring so the current business and equipment could be bought separately. Don’t miss out on this unique opportunity to enhance the heart of downtown by putting your creativity to real life with the ownership of this Beautiful Location and Building! Call today and setup an appointment to make your dreams become reality!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$975,000
Property Type:
Commercial
City:
Red Wing
Garage Spaces:
0
County:
Goodhue
Year Built:
1955
State:
MN
Property Style:
2 Stories
Zip Code:
55066
Subdivision Name:
Red Wing
Exterior
Stories:
Two
Garage Spaces:
0
Garage Dimensions:
0
Air Conditioning:
Central Air
Foundation Size:
8,946 ft2
Foundation Dimensions:
130 X 71
Handicap Accessible:
Hallways 42"+, Other
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Asphalt
- Open
- Parking Lot
- Paved Lot
- Shared Garage/Stall
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- Storm Sewer
- Street Lights
Pool:
None
Roof Details:
Flat
Lot & Land
Acres:
0.52
Geolocation:
44.563773, -92.53252
Inclusions:
Building, Land
Lot Dimensions:
160 X 142
Zoning:
Business/Commercial
Lot Description:
- Property Adjoins Public Land
- Public Transit (w/in 6 blks)
Farm
Topography:
Level, Other
Schools
School District:
1183
District Phone:
6513854500
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$13,128
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$13,128
Units
Total Units:
2
Miscellaneous
Current Use:
- Other
- Retail
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Separate
Water System:
City Water/Connected
Power Company Name:
Xcel Energy
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Integrity Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.