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Storefront Retail Property
For Sale
$98,000

111 Second, Redwood Falls, MN 56283

Commercial Sale, Redwood Falls, MN

Property SizeContact for details
Days on Market117

Property Features for 111 Second

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Business/Commercial
Rooms Basement
Parking features On Street, Garage
High school district Redwood Area Schools
Directions driving north on hwy71 into Redwood Falls turn east onto 2nd street building is on the north side of the street.
Standard status Active
APN 882003220

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 1374

Utilities

Heating system Baseboard
Cooling system Wall Unit(s)

Building Details

Year built 1900
Roof type Flat
Listing Agency: Scenic City Realty, LLC
Listed By: Timothy Nesburg
Added: Jun 19 Changed: Sep 28 Last Checked: Oct 13 at 1:06PM
MLS# 7095840

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This storefront retail property was built in 1900 and includes a basement. The main floor has newer flooring, and the flat roof was replaced in 2025 with a transferable warranty. Baseboard heat and wall-unit cooling serve the building.

Parking options include on-street spaces and a garage.

Key Highlights

  • Roof replaced in 2025; transferable warranty included
  • Newer flooring throughout the main floor
  • Baseboard heating and wall‑unit cooling

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Restaurant Real Estate Agency Dental Office Auto Parts Store Law Firm Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

451
Businesses Nearby
22k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 78% Dining 22%
Redwood Falls 2 Shops & Services
10,559 visits/mo 0.4 miles
Redwood Falls 1 Shops & Services
5,795 visits/mo 0.3 miles
SUBWAY Dining
4,905 visits/mo 0.2 miles
Bremer Bank Shops & Services
1,172 visits/mo 0.2 miles

Demographics for 56283, MN

6,412
Population
3,089
Households
2.1
Avg Household Size
42
Median Age
24%
College-Educated
93%
High-School Grad
178.4 sq mi
ZIP Area
36
Density / Sq Mi
$66,548
Median Household Income
$40,610
Median Earnings
$823
Median Rent
$177,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • River Valley Floral, Paintings and Gifts — 1012 S Mill St, Redwood Falls, MN 56283
  • Denise's Flower Patch — S Mill St, Redwood Falls, MN 56283

Frequently Asked Questions

What type of property is this?
Storefront property - Main-floor flooring has been updated, and the roof carries a transferable warranty.
Where is this storefront property located?
The property is located at 111 Second Redwood Falls, MN.
What is the asking price?
The asking price for this property is $98,000.
What are key features of this property?
This property features: Roof replaced in 2025; transferable warranty included; Newer flooring throughout the main floor; Baseboard heating and wall‑unit cooling
More about this property
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