Listing Agency: Hamilton Real Estate Show Phone

Listed By: Ari Kolas Show Phone

Source: Moodyscre

Added: Sep 12, 2024 Changed: Oct 25 Last Checked: Oct 28 at 11:35AM

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Investment Insights

Based on property information with market context.

Located just off Highway 61 and Main Street in the West End District of Red Wing, this property offers a spacious, open layout suitable for flexible use and customization. The property includes a large finished basement, providing ample space for activities, storage, or additional facilities. An elevator ensures accessibility for all clients and visitors. This property is suitable for establishing a thriving business in a vibrant community and is ideal for a daycare or treatment center. The property size is 10579 square feet.

Key Highlights

• Spacious, open layout.
• Large finished basement.
• Elevator for accessibility.

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Furniture & Home Goods (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Barber Shop Garden Center

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

408

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

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Frequently Asked Questions

What type of property is this?

Office unit - Spacious property in West End District, ideal for various businesses.

Where is this office unit located?

The property is located at 1618-1626 W 3rd St Red Wing, MN.

What is the asking price?

The asking price for this property is $1,000,000.

What are key features of this property?

This property features: Spacious, open layout.; Large finished basement.; Elevator for accessibility.