Historic Italianate Mixed-Use
For Sale
$379,000
409 Main St, Red Wing, MN 55066
Keystone Building is a landmark Italianate structure with street-level commercial space and two high-ceiling residential apartments upstairs.
Property Size5,400 SF
Price / SF$70.19
Days on Market48
Property Features for 409 Main St
General Information
Standard status
Active
Size
5,400 SF
Additional Details
Multifamily Units
2
Building Details
Year Built
1868
Construction
Italianate
Listing Agency:
Star Realty
Listed By:
Thomas E Brown
(651) 388-4711
Source:
Searchhousesnow
Added: Jul 27
Changed: Sep 10
Last Checked: Sep 12 at 1:30PM
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 Star Realty
Investment Insights
Based on property information with market context.
The Keystone Building is a historic, Italianate-style commercial property arranged expressly for offices for attorneys, bankers, insurance agents, and real estate dealers. The building features heavy brick ornamentation, including a prominent cornice and rusticated brickwork, and was designed by architect and contractor D.C. Hill. Street-level uses have included established retail success, and the upper floor includes two high-ceiling residential apartments.
Located on Main Street in Red Wing, the Keystone Building remains the earliest Italianate-style commercial building in downtown Red Wing, with exterior styling that distinguishes it from surrounding buildings.
For prospective owners, the property’s mixed-use configuration combines a landmark commercial storefront with residential income units above, preserving the building’s long-established downtown presence.
Located on Main Street in Red Wing, the Keystone Building remains the earliest Italianate-style commercial building in downtown Red Wing, with exterior styling that distinguishes it from surrounding buildings.
For prospective owners, the property’s mixed-use configuration combines a landmark commercial storefront with residential income units above, preserving the building’s long-established downtown presence.
Key Highlights
- Keystone Building is the earliest Italianate‑style commercial building in downtown Red Wing, dating back to 1867
- Prominent Main Street landmark featuring heavy brick ornamentation, a prominent cornice, and rusticated brickwork
- Designed by D.C. Hill and arranged expressly for offices for attorneys, bankers, insurance agents, and real estate dealers
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
709
Businesses Nearby
Under-served
Demand for This Use
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Similar Off Market Nearby
- Munster Rose — 1105 W 4th St, Red Wing, MN 55066
- Clementine Flowers — 406 Main St, Red Wing, MN 55066
Frequently Asked Questions
What type of property is this?
Storefront property - Keystone Building is a landmark Italianate structure with street-level commercial space and two high-ceiling residential apartments upstairs.
Where is this storefront property located?
The property is located at 409 Main St Red Wing, MN.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Keystone Building is the earliest Italianate‑style commercial building in downtown Red Wing, dating back to 1867; Prominent Main Street landmark featuring heavy brick ornamentation, a prominent cornice, and rusticated brickwork; Designed by D.C. Hill and arranged expressly for offices for attorneys, bankers, insurance agents, and real estate dealers
