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$ 200,000
Est. payment | /mo
10,018 Sqft Lot
$ 200,000
Est. payment | /mo
10,018 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6760031
Year Built 1886
Annual Tax Amount $3,134
Tax Year 2025
Contingent None
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 96x110
Property Description
Here's your chance to own a significant portion of the thriving Downtown Redwood Falls district. This offering includes four parcels: three with commercial buildings and one vacant lot—ideal for parking or future development.
The combined main level space across all buildings is approximately 10,000 square feet. The buildings on two of the parcels have been opened up into one larger space, but retain separate front and rear entrances, allowing for reconfiguration into 2–3 separate commercial units. The remaining connected building could serve as an additional commercial space, providing potential for up to four individual commercial units, depending on layout.
The second level includes approximately 6,800 square feet and offers the potential to develop 10–12 apartment units, depending on design and layout. Original wood trim from the upper level has been salvaged and remains on-site, along with vintage appliances that could be restored. Replacement windows for the upper level are included with the sale and are stored inside the building, ready for installation.
The fourth parcel is a vacant dirt lot that could easily be transformed into private parking or another value-adding feature for future tenants and residents.
This property is situated in the core of Downtown Redwood Falls, an area with ongoing business activity and several new commercial openings expected in the near future, this is an exceptional opportunity for a mixed-use investment with strong long-term potential.
Seller Financing Available!
The seller is open to multiple financing options, including a Contract for Deed with 25% down, zero interest and no payments for the first year, followed by seller carry at well-below market rates.
?? Don't miss this chance to be part of Redwood Falls' downtown revival. Contact us today to learn more or schedule a private tour.
The combined main level space across all buildings is approximately 10,000 square feet. The buildings on two of the parcels have been opened up into one larger space, but retain separate front and rear entrances, allowing for reconfiguration into 2–3 separate commercial units. The remaining connected building could serve as an additional commercial space, providing potential for up to four individual commercial units, depending on layout.
The second level includes approximately 6,800 square feet and offers the potential to develop 10–12 apartment units, depending on design and layout. Original wood trim from the upper level has been salvaged and remains on-site, along with vintage appliances that could be restored. Replacement windows for the upper level are included with the sale and are stored inside the building, ready for installation.
The fourth parcel is a vacant dirt lot that could easily be transformed into private parking or another value-adding feature for future tenants and residents.
This property is situated in the core of Downtown Redwood Falls, an area with ongoing business activity and several new commercial openings expected in the near future, this is an exceptional opportunity for a mixed-use investment with strong long-term potential.
Seller Financing Available!
The seller is open to multiple financing options, including a Contract for Deed with 25% down, zero interest and no payments for the first year, followed by seller carry at well-below market rates.
?? Don't miss this chance to be part of Redwood Falls' downtown revival. Contact us today to learn more or schedule a private tour.
Location
State MN
County Redwood
Zoning Business/Commercial
Rooms
Basement Full, Unfinished
Interior
Heating None
Inclusions Building, Fixture/Equipment
Fireplace No
Exterior
Parking Features Gravel
Utilities Available None
Present Use Commercial,Vacant
Building
Lot Description Corner Lot
Story Two
Foundation 10000
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Block,Brick/Stone,Stucco
Schools
School District Redwood Area Schools
Listed by Shannon Guetter • Re/Max Realty Plus
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Margaret Thorpe Richards & Alexander Richards
REALTOR® | Lic# 20583703