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Active
$85,000
/mo Edit
Commercial:  Business Opportunity
Built 1931
Redwood Area schools
MLS# 6629257
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    Property Description

    Endless Possibilities Await in Downtown Redwood Falls! Unlock the potential of this unique commercial property located on S Hwy 71 in downtown Redwood Falls. Prime Location-Situated in the heart of downtown, benefiting from high visibility and foot traffic. Originally a theater, this versatile space was transformed into a health club, and now it presents endless possibilities for its next chapter. 6-8 private parking spaces available right off Mill Street, ensuring accessibility for both customers and employees. Whether you envision a vibrant restaurant, a charming wedding venue, a bustling service business, or even a storage facility, this property can accommodate your vision!

    Listing

    Contingency: None
    City: Redwood Falls
    County: Redwood
    State: MN
    Property Style: Business Opportunity
    Zip Code: 56283

    Exterior

    Garage Spaces: 0
    Other Parking Spaces: 6
    Air Conditioning: Wall Unit(s)
    Foundation Size: 4,400 ft2
    Handicap Accessible: None
    Heating System:
    • Baseboard
    • Space Heater
    Parking Features: Other
    Road Frontage: City Street
    Exterior Material:
    • Brick/Stone
    • Fiber Cement
    • Stucco
    Roof Details:
    • Metal
    • Rubber

    Lot & Land

    Geolocation: 44.5402446705, -95.1196385789
    Inclusions: Building, Land
    Lot Dimensions: 9600
    Addl Parcels: 882003660
    Zoning: Business/Commercial

    Schools

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

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $1,846
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,956

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Vacant
    Fuel System: Electric
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities: Electric Common
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Truly Home Real Estate.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.