127 Danforth AVE S new

Red Wing,MN 55066

$ 325000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Homeland Add

MLS Listing ID 6745734

Year Built 1986

Annual Tax Amount $5,824

Tax Year 2025

Contingent None

Lot Size 0.380 Acres

Acres 0.38

Lot Dimensions 125X133X125X133

Property Description

Prime Commercial Property on Hwy 61-Income-Producing Investment Opportunity
Excellent investment opportunity with strong income potential! This versatile commercial property features two leased units: one currently operating as a tanning salon, and the other occupied by a small church. Both tenants are on month - to - month leases and currently cover all expenses, making this a hassle free income generator.
Located just off Highway 61, the property boasts high visibility and easy access, surrounded by other thriving businesses and commercial activity.
Highlights:
Two-unit commercial building
Current tenants: tanning salon and small church
Tenants pay all expenses
Month to month leases offer flexibility
High-traffic location off Hwy 61
Close to numerous commercial amenities.

Location

State MN

County Goodhue

Zoning Business/Commercial

Rooms

Basement Block

Interior

Heating Forced Air

Cooling Central Air

Inclusions Building,Fixture/Equipment

Fireplace No

Appliance None

Exterior

Parking Features Parking Lot

Utilities Available Electric Separate,Heating Separate

Roof Type Age Over 8 Years

Present Use Professional Service,Retail

Building

Lot Description Irregular Lot

Story One

Foundation 3000

Sewer City Sewer - In Street

Water City Water/Connected

Level or Stories One

Structure Type Metal Siding

Schools

School District Red Wing

View More
Favorite Go Tour