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For Sale:  Redwood Falls MLS# 6760031

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Active NEW!
$200,000
/mo Edit
Commercial:  2 Stories
Built 1886
0.23 acres
Redwood Area schools
MLS# 6760031
763-576-8286
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    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.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $200,000
    Property Type: Commercial
    City: Redwood Falls
    Garage Spaces: 0
    County: Redwood
    Year Built: 1886
    State: MN
    Property Style: 2 Stories
    Zip Code: 56283

    Interior

    Basement Details:
    • Full
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Other Parking Spaces: 8
    Foundation Size: 10,000 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: None
    Parking Features: Gravel
    Road Frontage: City Street
    Exterior Material:
    • Block
    • Brick/Stone
    • Stucco

    Lot & Land

    Acres: 0.23
    Geolocation: 44.5397934115, -95.118024881
    Inclusions: Building, Fixture/Equipment
    Lot Dimensions: 96 x 110
    Addl Parcels: 882002620, 882002580
    Zoning: Business/Commercial
    Lot Description: Corner Lot

    Schools

    School District: 2897
    District Phone: 507-644-8064

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $3,134
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,134

    Units

    Total Units: 2

    Miscellaneous

    Current Use:
    • Commercial
    • Vacant
    Fuel System: Other
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities: None
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Listing provided by RMLS, courtesy of Re/Max Realty Plus.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.