UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Armory Center Condominiums
MLS Listing ID 7073822
Year Built 1901
Annual Tax Amount $7,246
Tax Year 2026
Contingent None
Lot Dimensions 142x120
Property Description
The property consists of 9 total units, including 1 fully equipped lower-level restaurant space that is ready for immediate operation, along with 8 professional/office suites. Currently, 6 of the 8 units office suites are occupied, providing strong existing income potential. Situated in a high-traffic downtown location with ample parking, this property offers exceptional visibility and versatility for investors or owner-users alike. Excellent opportunity to own a landmark building in a thriving downtown district!
Location
State MN
County Goodhue
Zoning Business/Commercial
Rooms
Kitchen Cookware/Utensils, Prep Station, Refrigerator, Shelving and Racks, Walk-In Cooler/Freezer, Dishwasher, Flat Top, Freezer, Fryer, Grill, Ice Machine, Oven, Pre-Piped Fire Suppression System
Interior
Heating Forced Air
Inclusions Building, Land, Leases
Fireplace No
Exterior
Parking Features Parking Lot, Unassigned, Open
Utilities Available Electric Separate, Heating Separate, Hot Water Common
Roof Type Flat,Pitched
Present Use Beauty/Barber Shop,Office,Professional Service,Restaurant,Bar/Tavern
Building
Lot Description Corner Lot
Story Two
Foundation 8040
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District Red Wing
Others
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