1412 W 4th St Red Wing, MN 55066

Red Wing Health Center, situated on approximately 1.54 acres in Red Wing, Minnesota, presents a redevelopment opportunity a few blocks from the Mississippi River. The three-story building, totaling roughly 86,453 square feet, is currently configured as a 145-bed skilled nursing facility. The property benefits from strong visibility on a prominent corner site, surrounded by established residential neighborhoods, local services, and amenities. It is also conveniently located near major area employers, including Mayo Clinic Health System in Red Wing. Originally constructed in 1965 with additions completed in 1972 and 1982, the building offers a flexible layout suitable for various redevelopment concepts and unit configurations. The property has undergone significant remodeling in recent years and benefits from numerous recent capital improvements. The site enjoys convenient access along West 4th Street and includes a neighboring parcel across Jackson Street that provides 31 surface parking spaces. Zoned R-2 (Two-Family Residential) within the City of Red Wing, the property has a pathway to support a larger multifamily redevelopment through the City’s approval process. The asset presents a unique opportunity to redevelop the property into a multifamily investment, or pursue another adaptive reuse strategy, subject to obtaining the necessary City approvals.