Listing Agency: Edina Realty t***@edinarealty.com Show Phone

Listed By: Justin Paffrath · License #20582304 Show Phone

Source: Exprealty

Added: Aug 28 Changed: Sep 1 Last Checked: Sep 6 at 10:06AM

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Investment Insights

Based on property information with market context.

Located at 216 S Washington St in Redwood Falls, this recently remodeled office suite provides three private offices supported by shared building amenities. The common areas include a reception and waiting space, break room, storage area, and restroom, creating a practical setup for day-to-day office operations.

The property is situated in the historic downtown district, with walkable surroundings and access from main thoroughfares. The three enclosed rooms can remain individual offices or be assigned for meetings, conferencing, storage, or other business functions. The suite is available for rent.

Key Highlights

• Recently remodeled office suite at 216 S Washington St, Redwood Falls, MN
• Three private offices with flexible assignment options
• Shared reception and waiting area

Property Analytics

Property Profile

Current Use

Office Units

Suggested Use

Top Pick Restaurant Law Firm Skin Care Clinic Auto Parts Store Furniture & Home Goods (Bike/Boat/Book/etc) Store

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

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

447

Businesses Nearby

Explore this area Business Placement

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

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

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Office units - Updated workspace with shared reception, break room, storage, restroom, and flexible room assignments.

Where is this office units located?

The property is located at 216 S Washington St Redwood Falls, MN.

What is the lease rate?

The lease rate is $1,500/Mo.

What are key features of this property?

This property features: Recently remodeled office suite at 216 S Washington St, Redwood Falls, MN; Three private offices with flexible assignment options; Shared reception and waiting area