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For Sale:  Red Wing MLS# 7110721

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Active NEW!
$379,000
/mo Edit
Commercial:  2 Stories
1 br • 1 ba • Built 1868
0.04 acres
Red Wing schools
MLS# 7110721
763-576-8286
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    Property Description

    The Keystone Building. A rare opportunity to own a prominent landmark on Main Street. Since 1867 the Keystone Building remains the earliest Italianate-style commercial building in downtown Red Wing. Its heavy brick ornamentation causes it to stand out from the buildings around it. It features a prominent cornice, heavy rusticated brickwork and fine styling. Designed by architect and contractor DC Hill, it was arranged expressly for offices for attorneys, bankers, insurance agents, real estate dealers, etc. Today, it boasts a long history of established retail success. Two high-ceiling residential apartments on the upper floor offer added income. With its style, charm and bright interior, the possibilities for this rare property are endless.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $379,000
    Property Type: Commercial
    City: Red Wing
    Garage Spaces: 0
    County: Goodhue
    Year Built: 1868
    State: MN
    Property Style: 2 Stories
    Zip Code: 55066
    Subdivision Name: City/Red Wing

    Interior

    Bedrooms: 1
    Bathrooms: 1
    Ceiling Height: 11-15
    Flooring: Carpet, Wood
    Refrigerators: One
    Basement Details:
    • Full
    • Owner Access
    • Storage Space
    • Unfinished
    • Walkout

    Exterior

    Stories: Two
    Garage Spaces: 0
    Air Conditioning: Window Unit(s)
    Foundation Size: 1,800 ft2
    Foundation Dimensions: 30' x 60'
    Fencing: None
    Handicap Accessible: None
    Heating System: Boiler
    Parking Features:
    • On-Street Parking Only
    • Parking Lot
    Road Frontage:
    • City Street
    • Curbs
    • Highway
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material:
    • Block
    • Brick
    • Frame
    Pool: None
    Roof Details: Age Over 8 Years

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.04
    Geolocation: 44.565534, -92.535358
    Inclusions: Building, Land, Leases
    Lot Dimensions: 30 x 60
    Zoning: Business/Commercial
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Zero Lot Line

    Farm

    Topography: Walkout

    Schools

    School District: 256
    District Phone: 6513854500

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $5,890
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,600

    Units

    Total Units: 3

    Miscellaneous

    Current Use: Retail
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities: Heating Common
    Water System: City Water/Connected
    Power Company Name: Xcel Energy

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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