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🏢 Just listed — Traditional Office Retail for sale in Red Wing, MN.

📍 2966 North Service Drive, Red Wing, MN
🏷  Traditional Office Retail · For Sale
💰 $212K

Prime location between Target and McDonalds. Great signage opportunity. Zoned B-2 General Business.

<p>The property supports a wide variety of permitted uses including retail, professional services, restaurant, medical, and service based businesses. </p>

Full financials, photos, and broker contact:
https://commrty.com/property/minnesota/red-wing/2966-north-service-drive-2591114-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=2966-north-service-drive-2591114

#RedWing #Retail #CommercialRealEstate #CRE #Investment

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Home/MN/Red Wing

2966 North Service Drive

Red Wing, MN 55066

Asking Price

$212K

Asset Type

Traditional Office Retail

Class

Class B

What's Special

Prime location between Target and McDonalds. Great signage opportunity. Zoned B-2 General Business. <p>The property supports a wide variety of permitted uses including retail, professional services, restaurant, medical, and service based businesses. </p>

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

37.74%

DSCR

6.36

Strong

Cash-on-Cash

106.00%

Monthly Payment

$1,048.86

Annual Cash Flow

$67,413.676

Location & Travel Times

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