Waterfront Mixed-Use Development
For Sale
$44,000
513 Old Bench Street, Red Wing, MN 55066
LAND - Red Wing, MN
Property SizeContact for details
Lot Size5.28 Acres
Days on Market95
Property Features for 513 Old Bench Street
General Information
Property type
Land
Property subtype
Other
Zoning description
Business/Commercial
Subdivision
Hoyts
High school district
Red Wing
Directions
Hwy. 61 south on Bench St., left on Tyler Rd. S., left on Old Bench St. and continue left down unpaved Old Bench St.
Standard status
Active
APN
552850280
Lot size
5.28 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
538
Utilities
Utilities
Cable Available
Listing Agency:
Coldwell Banker Nybo & Assoc · Coldwell Banker Real Estate
(651) 388-6756
Listed By:
Timothy A Nybo
(651) 380-4253
Added: May 19
Changed: Jun 29
Last Checked: Aug 21 at 6:06AM
MLS# 7079146
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.
This is unimproved waterfront land totaling 5.28 acres, split into two distinct portions. One half is marsh, while the other half totals 2.5 acres and includes a smaller area that may be buildable and overlooks Wye Pond. The seller has had the potential buildable parcel surveyed, but buyers will need to contact the City of Red Wing Planning Department to confirm what building opportunities may be available.
The property is accessed via an unimproved road that dead-ends, with only one other property with buildings located on the road. It sits off Bench St. and near Hwy. 61, adjacent to a commercial development area. The property overlooks Wye Pond and marshlands, and it is described as a bird flyway. The land may be within a flood zone designated area. City water and sewer may be available off Bench St., but they are not currently located on the road fronting the property.
Zoning is MC, Mixed Use Industrial/Office Commercial. A buyer could potentially pursue a combination office/business/residence, subject to zoning confirmation and the City’s requirements. A building previously existed on the site and was torn down, leaving a partial foundation, and an old well was abandoned and sealed.
The property is accessed via an unimproved road that dead-ends, with only one other property with buildings located on the road. It sits off Bench St. and near Hwy. 61, adjacent to a commercial development area. The property overlooks Wye Pond and marshlands, and it is described as a bird flyway. The land may be within a flood zone designated area. City water and sewer may be available off Bench St., but they are not currently located on the road fronting the property.
Zoning is MC, Mixed Use Industrial/Office Commercial. A buyer could potentially pursue a combination office/business/residence, subject to zoning confirmation and the City’s requirements. A building previously existed on the site and was torn down, leaving a partial foundation, and an old well was abandoned and sealed.
Key Highlights
- 5.28‑acre property off Bench St near Hwy 61, adjacent to a commercial development area
- Split tract: one half marsh, the other half includes a small area that may be buildable overlooking Wye Pond
- Seller had the potential buildable parcel surveyed; buyers must contact City of Red Wing Planning Department for building details
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
399
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Water-adjacent acreage with marsh portions and a potentially buildable area overlooking Wye Pond, subject to city approval.
Where is this waterfront land located?
The property is located at 513 Old Bench Street Red Wing, MN.
What is the asking price?
The asking price for this property is $44,000.
What are key features of this property?
This property features: 5.28‑acre property off Bench St near Hwy 61, adjacent to a commercial development area; Split tract: one half marsh, the other half includes a small area that may be buildable overlooking Wye Pond; Seller had the potential buildable parcel surveyed; buyers must contact City of Red Wing Planning Department for building details
