Redwood Falls, MN
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    Redwood Falls, MN Mixed-use Properties for Sale

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    Clements, MN Morgan, MN Fairfax, MN
    Mixed-Use Building in Downtown
    $129,900
    0.07 Acres
    Mixed-Use Building in Downtown

    226 S Washington Street, Redwood Falls, MN 56283

    Versatile commercial and residential property in Redwood Falls, MN.
    • Prime downtown location with high visibility and foot traffic.
    • Turn‑key commercial space suitable for various business ventures.
    • Two residential units providing income potential, one currently rented.
    • Desirable interior features: exposed brick, wood floors, and natural light.
    • Flexible commercial space with dressing room, counter area, and storage.
    Updated: Apr 28
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    Mixed-Use Downtown Redevelopment Property
    $99,900
    0.23 Acres
    Mixed-Use Downtown Redevelopment Property

    230/234/240 S Washington Street, Redwood Falls, MN 56283

    Four-parcel downtown package with commercial space and an upper level ready for possible apartment conversion, plus a vacant lot.
    • Prime Downtown Location: High visibility in Redwood Falls' thriving downtown.
    • Significant Square Footage: Approximately 10,000 sq ft of commercial space and 6,800 sq ft for potential apartments.
    • Development Potential: Vacant lot for parking or development; create multiple commercial units and 10‑12 apartments.
    • Flexible Configuration: Reconfigure buildings into multiple commercial units with separate entrances.
    • Historic Features: Salvaged original wood trim and vintage appliances offer unique restoration opportunities.
    Updated: Jul 24, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Redwood Falls, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

    Le Sueur Mixed-Use Opportunity
    $385,000
    0.04 Acres
    Le Sueur Mixed-Use Opportunity

    Commercial and residential property in Le Sueur's historic district.

    205 S Main Street, Le Sueur, MN 56058

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    Mixed-Use Building with Leased Retail
    $339,900
    0.09 Acres
    Mixed-Use Building with Leased Retail

    Fully renovated two-unit mixed-use building with leased main-level retail and month-to-month residential upstairs.

    106 N Main Street, Le Sueur, MN 56058

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    Arlington Mixed-Use Investment Opportunity
    $325,000
    12,000 SF
    Arlington Mixed-Use Investment Opportunity

    Mixed-use property with commercial and residential units in Arlington, MN.

    418 W Main Street, Arlington, MN 55307

    View details
    Commercial/Industrial
    $325,000
    10,897 SF
    Commercial/Industrial

    Mixed-use properties · 10,897 SF

    418 W Main Street, Arlington, MN 55307

    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.

    Land Parcel in Growing Community
    $55,300
    4.74 Acres
    Land Parcel in Growing Community

    4.74-acre parcel in Fairfax, MN, ideal for custom development.

    0 4th Ave NW, Fairfax, MN 55332

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    Tillable Land Near Highway 212
    $13,800,000
    69.17 Acres
    Tillable Land Near Highway 212

    69.17 acres of tillable land guided for mixed-use development.

    Xxx Hwy 212, Carver, MN 55315

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    Waite Park Commercial Investment Land
    $1,414,000
    24.26 Acres
    Waite Park Commercial Investment Land

    24 acres of commercial land with development potential.

    Tbd State Highway 23, Waite Park, MN 56301

    View details
    Prime Shakopee Development Opportunity
    $247,500
    0.52 Acres
    Prime Shakopee Development Opportunity

    Corner lot in downtown Shakopee with development potential.

    720 Bluff Avenue, Shakopee, MN 55379

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    Redwood Falls, MN Mixed-Use Properties Investment Opportunities Market Analysis

    Explore 2 mixed-use properties for sale in Redwood Falls, MN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $229,800.

    Sale prices for multi use buildings in Redwood Falls, MN start at $99,900, averaging $114,900, and reaching up to $129,900 — 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 6,469
    Population Growth (5Y) +2.8%
    Median Household Income $66,548
    College Educated 31.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    56283 $137.4K

    Taxes & Financing

    Tax Rate (average for all types) 2.22%
    Property Tax per SF $11.46 per SF
    Tax Rate vs County Average 0.10 pp below county avg
    Average Loan-to-Value 65.0%

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