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Red Wing, MN Storefront Properties for Sale

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Historic Italianate Mixed-Use Building
Updated: Jul 16
Historic Italianate Mixed-Use Building

409 Main St, Red Wing, MN 55066

$379,000
Keystone Building is the earliest Italianate‑style commercial building in downtown Red Wing, dating back to 1867
Prominent Main Street landmark featuring heavy brick ornamentation, a prominent cornice, and rusticated brickwork
Designed by D.C. Hill and arranged expressly for offices for attorneys, bankers, insurance agents, and real estate dealers
Street‑level commercial space plus two high‑ceiling residential apartments on the upper floor
Upper‑floor apartments provide added income alongside the building’s long history of retail success
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Red Wing, 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.

Free-Standing Retail with Drive-Thru
Free-Standing Retail with Drive-Thru

4107 E Frontage Road NW, Rochester, MN 55901

$3,500,000
7,522 sqft

Built in 2013, this 100% leased retail asset includes a drive-thru suite in a two-tenant layout.

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Multi-Unit Retail/Office Building
Multi-Unit Retail/Office Building

965 7th St W, Saint Paul, MN 55112

$650,000

Five units with storefront windows and four upper units, brick/block exterior, and forced-air HVAC with central air.

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Freestanding Building with Large Parking
Freestanding Building with Large Parking

12 9th SE Street, Rochester, MN 55904

$590,000
918 sqft 0.79 AC lot

918 SF building with 30+ parking spaces for sale.

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Mixed-Use Building with Large Yard
Mixed-Use Building with Large Yard

127 Winifred St W, Saint Paul, MN 55107

$575,000

Fully occupied building with three residential units, one commercial space, large yard, and four off-street parking spots.

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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 Development Land Parcel
Downtown Development Land Parcel

244 Main Street E, Menomonie, WI 54751

$154,900
0.09 AC lot

Small downtown Menomonie lot with a remaining basement foundation and available utility connections for future commercial development.

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Industrial Land Parcel with Two Lots
Industrial Land Parcel with Two Lots

Kennard Street, Saint Paul, MN 55106

$78,900
0.29 AC lot

Industrial-zoned land sold as one offering two combined lots in Saint Paul.

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High-Traffic Commercial Lot on Lake
High-Traffic Commercial Lot on Lake

2815 E Lake Street, Minneapolis, MN 55406

$205,000
0.16 AC lot

Commercial lot in high-traffic Minneapolis location, ideal for business.

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Shovel-Ready Commercial Land Parcel
Shovel-Ready Commercial Land Parcel

7920 Lake Drive, Circle Pines, MN 55014

$615,000
2.79 AC lot

2.79-acre General Business zoned site with easy on/off access and strong average daily traffic for office or storefront development.

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Red Wing, MN Storefront Properties Market Trends and Statistics

Explore 1 storefront properties for sale in Red Wing, MN on our real estate platform.

Sale prices for retail units in Red Wing, MN average $379,000 — 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

Storefront properties 4
Auto shops 2
Automotive properties 2
Shopping centers 1

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 $950K

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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