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    FOR LEASE
    Office buildings

    222 Bush St, Red Wing, MN 55066

    26,640 SF Built 1920
    Individually Owned ~ Est. High Equity
    Property ID
    US46-1241234
    Property summary
    AI-generated overview

    This exceptional Class A office space at 222 Bush Street in Red Wing, Minnesota, offers a unique opportunity for businesses seeking a prestigious address in a vibrant downtown setting. Located in Goodhue County, this historic 26,640 square foot building, originally constructed in 1920 and undergoing a 2023 mixed-use conversion, provides multiple tenancy options. Available spaces range from a minimum of 483 square feet to a maximum contiguous space of 1,982 square feet, with a total of 2,465 square feet currently vacant. Ideal for executive offices, the property boasts large display windows, exterior building signage, and excellent pedestrian access. Situated in the heart of downtown Red Wing, the building benefits from high visibility and proximity to local businesses, including the renowned Red Wing Shoes. The property offers build-to-suit options and negotiable lease terms, providing flexibility to meet individual business needs. Additional basement storage space is also available for lease. This is a rare chance to secure a prominent location in a revitalized historic building. Contact us today to explore the possibilities.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1920
    Total area 26,640 SF
    APN 55.005.3830
    UPID US46-1241234
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $810k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $914k
    Blend (final) Blend
    $825k
    Owner & transaction history
    Nolan J Hovland
    Nolan J Hovland
    since 2025
    Last sale
    $825,000
    7 recorded transactions
    2025
    2025
    2025
    2024
    2024
    2023
    2022
    $825,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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