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    Red Wing, MN
    Mixed-Use

    Red Wing, MN Mixed-use Properties for Sale

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    Remodeled Mixed-Use Armory Building
    Updated: May 11
    Remodeled Mixed-Use Armory Building

    217 Plum Street, Red Wing, MN 55066

    $850,000
    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
    Six of eight office suites are occupied
    Preserved historic facade and architectural character
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 25 Potential Opportunities for your consideration. Besides 1 Active listings in Red Wing, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 19 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Property with Apartment
    Mixed-Use Property with Apartment

    438 Highway 60, Zumbro Falls, MN 55991

    $275,000
    1,620 sqft

    Commercial space is paired with an attached apartment and private outdoor area.

    View details
    Mixed-Use Building with Office Space
    Mixed-Use Building with Office Space

    126 S Chestnut St, Ellsworth, WI 54011

    $389,900
    3,360 sqft

    Downtown commercial property combines adaptable offices with a two-bedroom apartment and recently updated building systems.

    View details
    Mixed-Use Building with Apartment
    Mixed-Use Building with Apartment

    438 Highway 60, Zumbro Falls, MN 55991

    $275,000
    0.18 AC lot

    Commercial salon space and an attached two-bedroom apartment support combined business and residential use.

    View details
    Mixed-Use Building with Apartment
    Mixed-Use Building with Apartment

    126 S Chestnut Street, Ellsworth, WI 54011

    $389,900
    0.11 AC lot

    The property combines office space with a lower-level two-bedroom apartment for live-work use.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Downtown Waterfront Buildable Lot
    Downtown Waterfront Buildable Lot

    15800 33rd Street S, Afton, MN 55001

    $199,900
    0.44 AC lot

    Graded lot with retaining wall and year-round river views, ready for immediate enjoyment or city-approved development.

    View details

    Off-Market Properties in Red Wing, MN

    Consider similar Off-Market properties in Red Wing, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    325 Plum St
    OFFICE/RESIDENTIAL (MIXED USE)

    325 Plum St, Red Wing, MN 55066-2531

    $540,000
    Estimated value
    14,240 sqft
    View details
    215 Bush St
    STORE/OFFICE (MIXED USE)

    215 Bush St, Red Wing, MN 55066-2313

    $185,000
    Estimated value
    6,272 sqft
    View details
    413 3rd St
    OFFICE/RESIDENTIAL (MIXED USE)

    413 3rd St, Red Wing, MN 55066-2310

    $300,000
    Estimated value
    2,730 sqft
    View details
    301 Plum St, Unit 305
    OFFICE/RESIDENTIAL (MIXED USE)

    301 Plum St, Red Wing, MN 55066

    Unit 305
    $245,000
    Estimated value
    4,560 sqft
    View details
    314 4th St
    OFFICE/RESIDENTIAL (MIXED USE)

    314 4th St, Red Wing, MN 55066-2503

    $250,000
    Estimated value
    3,796 sqft
    View details
    433 Main St
    OFFICE/RESIDENTIAL (MIXED USE)

    433 Main St, Red Wing, MN 55066-2324

    $595,000
    Estimated value
    7,696 sqft 0.09 AC lot
    View details
    603 3rd St
    OFFICE/RESIDENTIAL (MIXED USE)

    603 3rd St, Red Wing, MN 55066-2242

    $260,000
    Estimated value
    3,168 sqft
    View details
    321 Main St
    STORE/OFFICE (MIXED USE)

    321 Main St, Red Wing, MN 55066-2322

    $260,000
    Estimated value
    4,440 sqft
    View details
    806 Main St
    STORE/OFFICE (MIXED USE)

    806 Main St, Red Wing, MN 55066-2257

    $320,000
    Estimated value
    6,760 sqft
    View details
    410 3rd St
    STORE/OFFICE (MIXED USE)

    410 3rd St, Red Wing, MN 55066-2309

    $265,000
    Estimated value
    4,960 sqft
    View details
    323 Main St
    STORE/OFFICE (MIXED USE)

    323 Main St, Red Wing, MN 55066-2322

    $255,000
    Estimated value
    4,840 sqft
    View details
    1112 Main St
    STORE/OFFICE (MIXED USE)

    1112 Main St, Red Wing, MN 55066-2235

    $315,000
    Estimated value
    5,050 sqft
    View details
    210 Bush St, Unit 214
    STORE/OFFICE (MIXED USE)

    210 Bush St, Red Wing, MN 55066-2308

    Unit 214
    $445,000
    Estimated value
    13,540 sqft
    View details
    317 Bush St
    STORE/OFFICE (MIXED USE)

    317 Bush St, Red Wing, MN 55066-2527

    $280,000
    Estimated value
    7,680 sqft
    View details
    424 5th St
    OFFICE/RESIDENTIAL (MIXED USE)

    424 5th St, Red Wing, MN 55066-2524

    $300,000
    Estimated value
    8,964 sqft
    View details
    325 Main St
    STORE/OFFICE (MIXED USE)

    325 Main St, Red Wing, MN 55066-2356

    $475,000
    Estimated value
    11,448 sqft
    View details
    318 Plum St
    OFFICE/RESIDENTIAL (MIXED USE)

    318 Plum St, Red Wing, MN 55066-2530

    $255,000
    Estimated value
    2,080 sqft
    View details
    908 Main St
    STORE/OFFICE (MIXED USE)

    908 Main St, Red Wing, MN 55066

    $1,595,000
    Estimated value
    18,008 sqft
    View details
    401 3rd St
    STORE/OFFICE (MIXED USE)

    401 3rd St, Red Wing, MN 55066-2310

    $270,000
    Estimated value
    7,092 sqft
    View details

    Red Wing, MN Mixed-Use Properties Market Trends and Statistics

    Explore 20 mixed-use properties for sale in Red Wing, MN on our real estate platform.

    Sale prices for multi use buildings in Red Wing, MN average $850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 19K
    Population Growth (5Y) +5.1%
    Median Household Income $70,529
    College Educated 36.0%

    High-Yield Neighborhoods for Investment

    Identify Red Wing submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    55066 $850K

    Taxes & Financing

    Tax Rate (average for all types) 2.86%
    Property Tax per SF $16.72 per SF
    Tax Rate vs County Average 0.16 pp above county avg
    Average Loan-to-Value 65.0%

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