MLS# 6745734 - 127 Danforth Avenue S Red Wing, MN 55066
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.
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Mortgage & Tax Calculator [Estimated]
Purchase Price ($):
Down Payment ($):
Down Payment (%):
Est. Best Interest Rate (%):
Term of Loan (Years):
Monthly Payment:
$1,538 + $485(tax)
Est. Monthly Total: $2,023
*does not include insurance and all numbers are estimated.
Summary
Type: COM | Commercial Sale
Price: $325,000 New 8 Days Ago
$108/sf
$855,263/acre
Transaction: For Sale
Status: Active
Contingencies: None
Agent Owned: Yes
Lender Owned: No
Current Use: Professional Service, Retail
Zoning: Business/Commercial
Square Footage: 3,000 sq ft
Lot Size: 0.38 acres
Year Built: 1986
Foundation: 3,000 sq ft
Stories: One
Listed at: Thu Jun 26 2025 5:00:00 AM
Listing Age: 9 days
School District: 256-Red Wing | 651-385-4500
County: Goodhue
Building Details
In Home Details
Appliances: None
Basement: Block
Construction Material: Metal Siding
Additional Details: None
Exterior
Siding: Metal Siding
Roof: Age Over 8 Years
Utilites
Water: City Water/Connected
Sewer: City Sewer - In Street
Cooling: Central Air
Heating: Forced Air, Natural Gas
Property Details
Description: Irregular Lot
Frontage: City Street
Garage: Parking Lot
Lot Dimensions: 125X133X125X133
Amentities Unit: None
Agent Owned: Yes
Utilities: Electric Separate, Heating Separate
Others
School Information
District Number: 256-Red Wing
District Phone: 651-385-4500
Financial Considerations
Tax Property ID: 558600470
Tax Amount: $5,824 for 2025
Listing Data
Listed Price: $325,000New 8 Days Ago
First Listed at: Thu Jun 26 2025 5:00:00 AM
Last Updated at: Thu Jun 26 2025 5:52:03 PM
Contingencies: None
Assessments: No
Foreclosure: No
Lender Owned: No
Special Notes
Internet Options: Cable, Fiber Optic, Satellite
Unit Information
Summary
Rental Units: 2
Stoves: None
Refridgerators: None
Financials
Total Yearly Income: $28,000
Tenant Pays: All Utilities
Unit 1
Rooms: 5 rooms
Bathrooms: 1
Size: 2000 sqft
Actual Rent: $22,000
Unit 2
Rooms: 2 rooms
Bathrooms: 1
Size: 1000 sqft
Actual Rent: $6,000

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