1. Minnesota
  2. Red Wing
  3. 127 Danforth Avenue S
$325,000

127 Danforth Avenue S, Red Wing, MN 55066

  • 3,000 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1986
  • Property Lot Size Icon0.38acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $108/sqft
  • Property List Date Icon Listed 2 months ago

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.

Listing Status:
Pending
Listing Office:
Exit Realty Rivertown : 651-388-2122
MLS ID:
6745734

This listing courtesy of Exit Realty Rivertown

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

J

Jefferson Elementary School

601 Buchanan St, Red Wing, MN, 55066

Grades KG-6

1.52 miles away

T

Twin Bluff Middle School

2120 Twin Bluff Rd, Red Wing, MN, 55066

Grades 5-7

2.34 miles away

R

Red Wing High School

2451 Eagle Ridge Dr, Red Wing, MN, 55066

Grades 8-12

3.92 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.