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Remodeled Mixed-Use Armory Building
For Sale
$850,000

217 Plum Street, Red Wing, MN 55066

Commercial Sale, Red Wing, MN

Property SizeContact for details
Days on Market111

Property Features for 217 Plum Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Parking features Assigned, Covered, Parking Lot
Exterior features Brick/Stone
Subdivision Armory Center Condominiums
Lot features Corner Lot
High school district Red Wing
Directions Hwy 61 S. to Downtown Red Wing. South on Hwy 58 (Plum St.)
Standard status Active
APN 550170010

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 7246

Utilities

Heating system Forced Air

Building Details

Year built 1901
Roof type Flat
Listing Agency: Epique Realty
Listed By: Jen Rogness
Added: May 11 Changed: Aug 27 Last Checked: Aug 29 at 2:06PM
MLS# 7073822

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.

Built in 1901, this 24,000+ square foot mixed-use property occupies a historic former armory building with preserved architectural details and a remodeled interior. The layout includes nine units: a lower-level restaurant space with equipment in place and eight professional office suites. Six of the eight office suites are occupied, creating an established multi-tenant configuration for an owner-user or investor.

The property is located in downtown Red Wing at 217 Plum Street. Parking includes assigned spaces, covered parking, and a parking lot. Brick-and-stone exterior construction, forced-air heating, and a flat roof complete the building’s core physical profile.

Key Highlights

  • 24,000+ square feet in a remodeled historic building constructed in 1901
  • Nine total units, including one restaurant space and eight office suites
  • Lower‑level restaurant space includes equipment

Property Analytics

Current Use

Healthways Integrative Medicine Medical Clinic Red Wing Acupuncture ... Alternative Medicine Practice Hair With Pizazz Hair Salon Moment to Moment Healing ... Social Service Agency Health Within Chiropractic ... Medical Clinic

Suggested Use

Top Pick Furniture & Home Goods Carpet & Flooring Store (Bike/Boat/Book/etc) Store Home Appliance Store Barber Shop Tech Support 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.

Lease Details

8
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

709
Businesses Nearby

Demographics for 55066, MN

18,732
Population
8,707
Households
2.2
Avg Household Size
44
Median Age
27%
College-Educated
92%
High-School Grad
120.9 sq mi
ZIP Area
155
Density / Sq Mi
$70,529
Median Household Income
$40,764
Median Earnings
$958
Median Rent
$237,800
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic brick-and-stone property combines restaurant and office space across nine units.
Where is this mixed-use property located?
The property is located at 217 Plum Street Red Wing, MN.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 24,000+ square feet in a remodeled historic building constructed in 1901; Nine total units, including one restaurant space and eight office suites; Lower‑level restaurant space includes equipment
More about this property
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