Mixed-Use Office and Restaurant
For Sale
$850,000
217 Plum Street, Red Wing, MN 55066
Historic mixed-use building features a fully equipped lower-level restaurant and multiple professional office suites.
Property Size24,000 SF
Price / SF$35.42
Days on Market106
Property Features for 217 Plum Street
General Information
Standard status
Active
Size
24,000 SF
Property subtype
Commercial
Zoning
Business/Commercial
Additional Details
Office Units
8
Taxes and HOA fees
Annual Taxes
$7,246
Building Details
Year Built
1901
Stories
2
Units
9
Listing Agency:
Epique Realty
(715) 821-1952
Listed By:
Jen Rogness
(715) 821-1952
Source:
Juverealestate
Added: May 11
Changed: Aug 23
Last Checked: Aug 23 at 4:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Epique Realty
Investment Insights
Based on property information with market context.
Historic former military armory converted into a mixed-use property with a turnkey lower-level restaurant space and professional office suites. The building includes 9 total units, with 1 restaurant unit and 8 office suites. Much of the original historic façade and architectural character have been preserved while the property has been remodeled for modern functionality.
The property is located in the heart of downtown Red Wing and is described as a high-traffic location with ample parking. It offers visibility and versatility for an investor or owner-user, with 6 of the 8 office suites currently occupied.
As currently configured, the asset provides income from the partially occupied office suite lineup and an immediately operable restaurant space. The property’s historic exterior character and remodeled interior layout support continued mixed-use use within its 9-unit structure.
The property is located in the heart of downtown Red Wing and is described as a high-traffic location with ample parking. It offers visibility and versatility for an investor or owner-user, with 6 of the 8 office suites currently occupied.
As currently configured, the asset provides income from the partially occupied office suite lineup and an immediately operable restaurant space. The property’s historic exterior character and remodeled interior layout support continued mixed-use use within its 9-unit structure.
Key Highlights
- Historic former military armory in downtown Red Wing, remodeled as mixed‑use with 9 total units
- 24,000+ SF commercial building with a fully equipped lower‑level restaurant space for immediate operation
- Includes 8 professional/office suites; 6 of the 8 office suites are currently occupied
Property Analytics
Property Profile
Current Use
Lease Details
8
Office units
Location Intelligence
Trade Area within ½ mile
709
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Historic mixed-use building features a fully equipped lower-level restaurant and multiple professional office suites.
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: Historic former military armory in downtown Red Wing, remodeled as mixed‑use with 9 total units; 24,000+ SF commercial building with a fully equipped lower‑level restaurant space for immediate operation; Includes 8 professional/office suites; 6 of the 8 office suites are currently occupied
