217 Plum Street, Red Wing, MN 55066 (MLS# 7073822)

217 Plum Street, Red Wing, MN 55066

$690,000
Property Type: Commercial Status: Active
Current Price: $690,000 List Date: 5/14/2026 Last Modified: 9/09/2026

Overview

Description

Historic former military armory located in the heart of downtown Red Wing! This impressive 24,000+ sq. ft. commercial property has been thoughtfully remodeled into a mixed-use investment opportunity featuring a turnkey restaurant space and professional office suites. Much of the original historic façade and architectural character have been beautifully preserved, blending timeless charm with modern functionality. 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! *** Sold As Is***

Listing Details MLS# 7073822

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
28
Owner Occupied
No
Waterfront YN
No
Year Built
1901
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
8040
For Sale or Lease
For Sale
Lot Dimensions
142x120
Assessment Pending
Yes

Property Features

Accessible: Other Amenities Shared: Elevator(s); Fire Sprinkler System; Security Building Amenities Unit: City View; Walk-Up Attic CMU Style: Business Opportunity; Office Commercial Kitchen Appliances: Cookware/Utensils; Dishwasher; Flat Top; Freezer; Fryer; Grill; Ice Machine; Oven; Pre-Piped Fire Suppression System; Prep Station; Refrigerator; Shelving and Racks; Walk-In Cooler/Freezer Construction Status: Previously Owned Current Use: Beauty/Barber Shop; Office; Professional Service; Restaurant; Tavern/Lounge Exterior: Brick/Stone Foundation: Stone Fuel: Electric; Natural Gas Heating: Forced Air Loan Terms: Cash; Conventional Lock Box Type: None Lot Description: Corner Lot Miscellaneous Information: 2+ Lavatories; Alley; Building Sign; Delivery Door; Furnished Units; Kitchen Facilities On Site Utilities: Electric Separate; Heating Separate; Hot Water Common Owner Pays: Insurance; Taxes Parking Characteristics: Parking Lot; Unassigned; Uncovered/Open Potential Use: Lounge/Bar; Office; Professional; Rest/Lounge; Restaurant; Retail Road Frontage: City Street; Curbs; Highway; Paved Streets; Sidewalks; State Road Road Responsibility: Public Maintained Road Roof: Flat; Pitched Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity; Fuel Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
690000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
217
Street Name
Plum
Street Suffix
Street
Postal City
Red Wing
County
Goodhue
State
MN
Zip Code
55066
Complex/Dev/Subdivision
Armory Center Condominiums

Assessments

Assessment Balance
5383.6
Tax With Assessments
12630

Building Information

Building Finished SqFt
24120

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Sale Options

Sale Includes
Building, Land, Leases

Unit Details

Total Units
9
IDX
Listing Office: Epique Realty
Last Updated: September - 09 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.