$180,000

230/234/240 S Washington Street, Redwood Falls, MN 56283

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$180,000

(20,000) 11/07/2025

230/234/240 S Washington Street Redwood Falls, MN 56283

For Sale MLS# 6760031

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Data current as of 22/12/2025 23:04:22

Details for 230/234/240 S Washington Street

MLS# 6760031

Description for 230/234/240 S Washington Street, Redwood Falls, MN, 56283


Here’s your chance to own a significant portion of the thriving Downtown Redwood Falls district. This offering includes four parcels: three with commercial buildings and one vacant lot—ideal for parking or future development.The combined main level space across all buildings is approximately 10,000 square feet. The buildings on two of the parcels have been opened up into one larger space, but retain separate front and rear entrances, allowing for reconfiguration into 2–3 separate commercial units. The remaining connected building could serve as an additional commercial space, providing potential for up to four individual commercial units, depending on layout.The second level includes approximately 6,800 square feet and offers the potential to develop 10–12 apartment units, depending on design and layout. Original wood trim from the upper level has been salvaged and remains on-site, along with vintage appliances that could be restored. Replacement windows for the upper level are included with the sale and are stored inside the building, ready for installation.The fourth parcel is a vacant dirt lot that could easily be transformed into private parking or another value-adding feature for future tenants and residents.This property is situated in the core of Downtown Redwood Falls, an area with ongoing business activity and several new commercial openings expected in the near future, this is an exceptional opportunity for a mixed-use investment with strong long-term potential. Seller Financing Available!The seller is open to multiple financing options, including a Contract for Deed with 25% down, zero interest and no payments for the first year, followed by seller carry at well-below market rates.?? Don’t miss this chance to be part of Redwood Falls’ downtown revival. Contact us today to learn more or schedule a private tour.

Listing Information


Property Type: Commercial

Status: Active

Lot Size: 0.23 Acres

Year Built: 1886

Foundation: 10,000 sq ft

Stories: 2 Stories

Number Of Units Total: 2

Current Use: Commercial,Vacant

County: Redwood

Days On Market: 151

Construction Status: Previously Owned

School Information


District: 2897 - Redwood Area Schools

Interior Features


Basement: Full, Unfinished

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Other Utilities: None Available

Heating: None, Other

Exterior / Lot Features


Open Parking: 8

Parking Description: gravel lot

Exterior: Block, Brick/Stone, Stucco

Lot Dimensions: 96x110

Zoning: Business/Commercial

Additional Exterior/Lot Features: Corner Lot, Land Inclusions - Building,Fixture/Equipment, Road Frontage - City

Driving Directions


Heading west on 71, make a left onto S Washington St. Building is located on the corner of S Washington and E 3rd St.

Financial Considerations


Tax/Property ID: 882002600

Tax Amount: 3134

Tax Year: 2025

HomeStead Description: Non-Homesteaded

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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

Schools nearby 230/234/240 S Washington Street

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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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