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    Red Wing, MN
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    Red Wing, MN Waterfront Land for Sale

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    Waterfront Mixed-Use Development Land
    Updated: May 19
    Waterfront Mixed-Use Development Land

    513 Old Bench Street, Red Wing, MN 55066

    $44,000
    5.28 AC lot
    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
    City water and sewer may be available off Bench St, but are not currently located on the road fronting the property
    Zoning is MC - Mixxed Use Industrial/Office Commercial; buyer could possibly combine office/business/residence
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    Waterfront Mixed-Use Development Land
    Updated: May 19
    Waterfront Mixed-Use Development Land

    513 Old Bench Street, Red Wing, MN 55066

    $44,000
    5.28 AC lot
    5.28‑acre parcel split between marshland and a 2.5‑acre area with potential buildable space overlooking Wye Pond
    Water and waterfowl/bird flyway views across Wye Pond and marshlands
    Partial foundation remains from a previous building; old well was abandoned and sealed
    Zoned MC - Mixxed Use Industrial/Office Commercial; buyer could explore combination office/business/residence use
    City water and sewer may be available off Bench St, but are not currently located on the road fronting the property
    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 6 Potential Opportunities for your consideration. Besides 2 Active listings in Red Wing, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Country Acreage Building Lot
    Country Acreage Building Lot

    TBD (L2B1) 410 Avenue, Mazeppa, MN 55956

    $289,900
    3.62 AC lot

    A wooded-and-open country homesite in a 10-lot subdivision with access to outdoor recreation near Lake Zumbro.

    View details
    Waterfront Land Along Regional Trail
    Waterfront Land Along Regional Trail

    Hastings, MN 55033

    $165,000

    A paved regional trail borders the parcel, providing direct access to nearby recreation and community destinations.

    View details
    Waterfront Buildable Lot
    Waterfront Buildable Lot

    17624 Blackbird Trl, Hastings, MN 55033

    $275,000

    Buildable riverside lot with wooded homesite on a bluff and potential for stair access to the water.

    View details
    Acreage Lot in Country Subdivision
    Acreage Lot in Country Subdivision

    TBD (L9B1) 408 Avenue, Mazeppa, MN 55956

    $289,900
    6.35 AC lot

    6.35-acre lot in Cornerstone Ridge with rolling terrain, mature trees, and options for a home plus workshop.

    View details

    Red Wing, MN Waterfront Land Market Trends and Statistics

    Explore 2 waterfront land for sale in Red Wing, MN on our real estate platform. These investment opportunities span a total of 459,994 square feet of properties for sale, with an estimated market value of $88,000.

    Sale prices for water rights properties in Red Wing, MN average $44,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 21
    Hunting land 3
    Industrial land 3
    Agricultural land / Farmland 2
    Commercial land 2

    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 $44K

    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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