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For Sale:  Redwood Falls MLS# 7064007

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Active
$129,900
/mo Edit
Commercial:  2 Stories
3 br • 3 ba • Built 1888
0.066 acres
Redwood Area schools
MLS# 7064007
763-576-8286
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    Property Description

    This versatile mixed-use building in the heart of Downtown Redwood Falls offers a great opportunity for both investors and business owners. The main level features a turn-key commercial space with a flexible layout, making it ideal for a boutique, specialty retail shop, office, or other business ventures looking to benefit from strong visibility and steady foot traffic. Inside, the space showcases exposed brick walls, warm wood floors, and large front windows that fill the interior with natural light and create an inviting storefront presence. A dressing room, existing counter area, and additional storage in the back add to the functionality, allowing for an easy transition into a new or expanding business. Upstairs, the property includes two residential units, adding valuable income potential. One unit offers one bedroom plus a non-conforming bedroom, while the second features two bedrooms. One of the apartments is currently rented, providing immediate cash flow. Both units also have access to the rear rooftop area, offering potential for a shared outdoor space, and each apartment is equipped with its own separate electrical meter. Located in a prime downtown setting, this property combines commercial opportunity with residential income, all in a location that continues to grow and attract new energy. Whether you are looking to invest, occupy, or both, this is a unique chance to be part of Downtown Redwood Falls.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $129,900
    Property Type: Commercial
    City: Redwood Falls
    Garage Spaces: 0
    County: Redwood
    Year Built: 1888
    State: MN
    Property Style: 2 Stories
    Zip Code: 56283

    Interior

    Bedrooms: 3
    Bathrooms: 3
    Basement Details: Partially Finished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 2,880 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: On-Street Parking Only
    Roof Details: Flat

    Lot & Land

    Acres: 0.066
    Geolocation: 44.539956, -95.118219
    Inclusions: Building, Land
    Lot Dimensions: 24 x 120
    Zoning: Business/Commercial

    Schools

    School District: 2897
    District Phone: 5076448064

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $1,556
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,556

    Units

    Total Units: 3

    Miscellaneous

    Current Use: Other
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Hot Water Common
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    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!

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    Listing provided by RMLS, courtesy of Re/Max Realty Plus.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.