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Red Wing, MN

Restaurants

Red Wing, MN Restaurants for Sale

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Ellsworth, WI Welch, MN Frontenac, MN Maiden Rock, WI Lake City, MN Prescott, WI Stockholm, WI Hastings, MN

Remodeled Mixed-Use Armory

Updated: May 11

Remodeled Mixed-Use Armory

217 Plum Street, Red Wing, MN 55066

$690,000

24,000+ sq. ft. mixed‑use property in downtown Red Wing
1901 construction with preserved historic facade and architectural character
9 total units, including 1 lower‑level restaurant and 8 office suites
6 of 8 office suites are occupied
Restaurant space includes equipment and is configured for operation

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 46 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 39 Off-Market properties to explore as potential leads, plus 2 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.

Two-Level Mixed-Use Building

Two-Level Mixed-Use Building

111 3rd Street E, Hastings, MN 55033

$899,900

8,320 sqft

Configured with tavern, office, and retail areas plus coolers, restrooms, and original bank vault doors.

Historic 22-Room Hotel

Historic 22-Room Hotel

333 Main St W, Wabasha, MN 55981

$599,000

15,385 sqft

Hospitality property combining lodging, dining, an outdoor patio, wine tasting bar, and a separate speakeasy-style bar.

Two-Level Restaurant Building with Kitchens

Two-Level Restaurant Building with Kitchens

100 Sibley Street, Hastings, MN 55033

$750,000

6,000 sqft

Two full kitchens on separate floors support restaurant, catering, or retail use, with parking across the street.

Historic 22-Room Hotel

Historic 22-Room Hotel

333 Main Street W, Wabasha, MN 55981

$599,000

0.42 AC lot

Hospitality property combines lodging, restaurant service, a wine tasting bar, and an intimate lower-level bar.

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.

Shovel Ready Commercial Land

Shovel Ready Commercial Land

Cottage Grove, MN 55016

Contact for pricing

Commercial land in Cottage Grove, MN, ready for development.

Commercial Land with Highway Frontage

Commercial Land with Highway Frontage

100th Street NW, Oronoco, MN 55960

$3,500,000

0.50 AC lot

Commercial land offers Hwy 52 exposure, convenient access, and water availability for future building development.

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.

1315 Old W Main St

RESTAURANT

1315 Old W Main St, Red Wing, MN 55066-2160

Estimated value:

$385,000

5,850 sqft

325 Bush St

BAR, TAVERN

325 Bush St, Red Wing, MN 55066-2527

Estimated value:

$345,000

8,640 sqft

3038 Service Dr

DRIVE-THRU RESTAURANT, FAST FOOD

3038 Service Dr, Red Wing, MN 55066-1921

Estimated value:

$490,000

552 sqft 0.74 AC lot

815 Main St

DRIVE-THRU RESTAURANT, FAST FOOD

815 Main St, Red Wing, MN 55066-2230

Estimated value:

$425,000

1,352 sqft

223 Main St

BAR, TAVERN

223 Main St, Red Wing, MN 55066-2320

Estimated value:

$235,000

3,040 sqft

227 Bush St

RESTAURANT

227 Bush St, Red Wing, MN 55066-2313

Estimated value:

$725,000

10,200 sqft

223 Bush St

RESTAURANT

223 Bush St, Red Wing, MN 55066-2313

Estimated value:

$725,000

3,366 sqft

31655 Hwy 58th Blvd

BAR, TAVERN

31655 Hwy 58th Blvd, Red Wing, MN 55066-7352

Estimated value:

$2,330,000

4,498 sqft 25.33 AC lot

310 Plum St

BAR, TAVERN

310 Plum St, Red Wing, MN 55066-2530

Estimated value:

$160,000

3,040 sqft

156 Tyler N Rd

RESTAURANT

156 Tyler N Rd, Red Wing, MN 55066-1840

Estimated value:

$500,000

5,219 sqft

1530 Old W Main St

BAR, TAVERN

1530 Old W Main St, Red Wing, MN 55066-2163

Estimated value:

$310,000

4,182 sqft

303 3rd St

RESTAURANT

303 3rd St, Red Wing, MN 55066-2306

Estimated value:

$445,000

11,357 sqft

1411 Old W Main St

BAR, TAVERN

1411 Old W Main St, Red Wing, MN 55066-2162

Estimated value:

$270,000

2,310 sqft

827 Main St

RESTAURANT

827 Main St, Red Wing, MN 55066-2230

Estimated value:

$285,000

1,152 sqft

240 Harrison St

RESTAURANT

240 Harrison St, Red Wing, MN 55066-2085

Estimated value:

$305,000

5,280 sqft

1516 Old W Main St

BAR, TAVERN

1516 Old W Main St, Red Wing, MN 55066-2163

Estimated value:

$265,000

2,364 sqft

419 3rd St

RESTAURANT

419 3rd St, Red Wing, MN 55066-2310

Estimated value:

$280,000

2,800 sqft

417 3rd St

RESTAURANT

417 3rd St, Red Wing, MN 55066

Estimated value:

$280,000

2,400 sqft

930 Main St

DRIVE-THRU RESTAURANT, FAST FOOD

930 Main St, Red Wing, MN 55066-2231

Estimated value:

$265,000

1,904 sqft

233 Withers Hbr Dr

BAR, TAVERN

233 Withers Hbr Dr, Red Wing, MN 55066-2098

Estimated value:

$290,000

6,062 sqft

Red Wing, MN 55066

BAR, TAVERN

Red Wing, MN 55066

Estimated value:

$500,000

Red Wing, MN 55066

BAR, TAVERN

Red Wing, MN 55066

Estimated value:

by Request

410 3rd St

BAKERY

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

Estimated value:

$275,000

3,906 sqft

Red Wing, MN Restaurants Market Trends and Statistics

Explore 40 restaurants for sale in Red Wing, MN on our real estate platform.

Sale prices for restaurant properties in Red Wing, MN average $690,000 — 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

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	$869.1K

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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