2000 Main StRed Wing, MN 55066

Property Details for 2000 Main St

Year built

1900

Property size (Sq ft)

1,685 SF

Property type

Office properties

Property subtype

Office buildings

APN

55.135.0163

APU

551350163

Description

This exceptional commercial property, located at 2000 Old W Main St in Red Wing, Minnesota, presents a unique opportunity for businesses seeking versatile space in a historic setting. The building, constructed in 1861, boasts 45,000 square feet spread across four stories. Its zoning is commercial, and the property features a single building with elevator access, making it easily accessible for tenants and customers. The property's APN is 554370010, situated in Goodhue County. The building's rich history and iconic status within Red Wing offer significant branding potential. Multiple tenancy options are available, catering to a variety of business needs. Whether your business requires office space, retail space, or a combination of both, this property offers adaptable floor plans to accommodate diverse requirements. Spaces are available on the main floor and extending up to the third floor, providing flexibility in terms of size and layout. This is an ideal location for businesses seeking a prominent presence in a vibrant and historic community. The property's location in Red Wing, MN, zip code 55066, offers excellent visibility and accessibility. Inquire today to explore the possibilities this remarkable property offers.

• CAP approach

  CAP return

  Valuation

  6%

  $277,370

  6.5%

  $256,033

  7%

  $237,745

• Comparable approach

  Method

  Valuation

  Relative Method

  $86,002

  Geo Method

  $86,002

• Alternative Use

  Use

  Valuation

  Residential

  $317,481

  Hospitality

  $290,811

  Educational

  $241,952

  Medical

  $250,273

  Retail

  $376,369

Location Insight

City

Red Wing

County

Goodhue

State

Minnesota

Latitude

44.564

Longitude

-92.5575

CBSA code

39860

CBSA name

RED WING, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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