LOCATED IN THE HEART OF DOWNTOWN RED WING’S CENTRAL BUSINESS DISTRICT IS THIS WELL CONSTRUCTED ALL-BRICK MIXED-USE INVESTMENT PROPERTY FEATURING FOUR COMMERCIAL SPACES AND FIVE APARTMENTS!! THE MAIN FLOOR OFFERS 4,800 SQUARE FEET OF RETAIL, OFFICE, OR RESTAURANT SPACE DIVIDED INTO FOUR SEPARATE 1,200 SQFT UNITS. CURRENTLY ALL FOUR COMMERCIAL SPACES ARE LEASED TO SOLID BUSINESS’S. THE MIDDLE TWO UNITS ARE LEASED BY ONE COMPANY. THE SECOND AND THIRD FLOORS ARE APARTMENTS THAT ARE FULLY LEASED AND EASY TO KEEP RENTED. TWO OF THESE UNITS HAVE VERY UNIQUE TWO STORY LAYOUTS AND ONE OF THE OTHER TWO BEDROOM UNITS FEATURE THREE LARGE SKYLIGHTS WHICH MAKES THE APARTMENT FEEL LARGER. THE KITCHENS AND BATHROOMS HAVE BEEN RENOVATED IN THE LAST 20 YEARS. THE BUILDING HAS RECEIVED NEWER WHITE TPO ROOFS, CUSTOM SIZE DOUBLE PANE WOOD WINDOWS, STYLISH BLACK AWNINGS, AND THE EXTERIOR BRICK WAS RECENTLY TUCK-POINTED. THE LOWER LEVEL BASEMENT HAS AN ADDITIONAL 4,800 SQUARE FEET OF STORAGE SPACE THAT DOES STAY DRY. 201 PLUM STREET IS A PROPERTY THAT IS VERY WELL MAINTAINED AND LOW MAINTENANCE. CURRENT ANNUAL GROSS INCOME OF $127,000. PERFECT FOR YOUR 1031 TAX EXCHANGE OR FOR RETIREMENT!!
Vaillant Professional Building Office For Rent-- Located in downtown Red Wing. This is a fantastic opportunity to lease an open unit in this handsome building! Rent includes an alcove client waiting space, all taxes, utilities (heat, water, electricity, & premises maintenance). Rooms are wired for telephone and dedicated lines for computers. Lower level has a common lunchroom, and male/female restrooms. Ample parking in the rear lot, on the street, and in the nearby public parking garage! Owner prefers a 5-year lease; negotiable. You and your client will enjoy this quiet and tastefully appointed office building!
111 Hill St. is a multi-tenant office building that has three separate units, each with separate entrances and separate utility meters. This investment opportunity has two long term tenants already. An owner/user could occupy the vacant office suite of 1,080 SF. The updated office build out has views of Red Wing Bay on the Mississippi. Call agent to arrange a showing. Showing time not available for this property. Lease rate is $11.50/SF NNN and Tax & CAM estimate $3.42/SF.
This iconic building in Red Wing is full of history! The Pottery Place has been a mixed use building for several years. If you are looking for office space, retail space, pop-up space, event space, or more be sure to tour today! From the main floor to the 3rd we have a wide variety of options for your business.
Prime downtown Red Wing commercial location in a high traffic MN State Highway 61 location. This listing includes two parcels at 727 Main Street (former gas station – building is 52 X 29) on .25 acre and 209 Fulton Street (former warehouse-equipment rental business-building is 120 X 60). The gas station-convenience store was recently closed, and the warehouse is constructed with steel beams and steel siding. The steel building faces Fulton Street and has an ally access on .14 acres. Rollup garage doors are 13W X 13H, 13 W X 16 H, and 10 W X 12 H-possible to drive through. Seller is removing the underground tanks from the gas station location.
Look no further! This 1590 sqft building is perfect for your retail or office needs! Situated on a corner lot surrounded by residential and retail spaces, with high visibility and easy access to main roads. The building is only a few blocks away from the Mississippi River as well as steps away from dining, entertainment and parks. The space features 2 private offices, a large reception area, bathroom and open area for your customization. The large lot allows for plenty of parking for both employees and customers. This building is also for lease at $2,000/month plus utilities.
Newer retail building with 150 feet of Highway 61 frontage. Great visibility! Close to downtown Red Wing and in area of other retail/service businesses. 3,000 sq. ft. showroom, 1,000 sq. ft. garage bay, 1,000 sq. ft. upper level offices. Half bath on main level and 3/4 bath in upper level. Prime condition. In-floor heat on both levels and central A/C throughout. Building is spray insulated and new boiler installed in 2023 so heating and A/C costs are very efficient. Plenty of parking spots in front and side plus room for large vehicle storage behind the building. Wired for cameras, network wired for 7 stations, wired for 10 phones, 3 zone in-floor heat, separate heat and air units, air-to-air exchanger, wood frame built, spray insulation, wired sound system, outdoor lighting on timer, 2 light poles, lighted signs on both doors, garage door with large opening and water softener. Bedding business is negotiable.
The median home value in Red Wing, MN is $316,500. This is higher than the county median home value of $290,400. The national median home value is $338,100. The average price of homes sold in Red Wing, MN is $316,500. Approximately 69.11% of Red Wing homes are owned, compared to 28.24% rented, while 2.66% are vacant. Red Wing real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Red Wing real estate agent to arrange a tour today!
Red Wing, Minnesota has a population of 16,596. Red Wing is less family-centric than the surrounding county with 28.63% of the households containing married families with children. The county average for households married with children is 30.79%.
The median household income in Red Wing, Minnesota is $61,040. The median household income for the surrounding county is $71,414 compared to the national median of $69,021. The median age of people living in Red Wing is 42.5 years.
The average high temperature in July is 82.1 degrees, with an average low temperature in January of 4.9 degrees. The average rainfall is approximately 32.9 inches per year, with 42.6 inches of snow per year.