Multi-Family Space For Lease @ 223-227 Bush Street
223-227 Bush Street, Red Wing, MN 55066
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Jonathan F.
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KW Commercial is pleased to present this offering of a mixed-use commercial 2-building portfolio located in historic downtown Red Wing, MN. Amazing updated brick buildings featuring ground level retail with 6-unit apartments above.
Excellent opportunity for owner/operator or investor. Ground level retail space is currently a class A fully built-out light restaurant & wine bar along with 6 fully leased apartment units with long term tenants. Retail space is a turn-key operation with all FF&E included. Value-add potential exists with third floor and lower level currently unfinished spaces featuring 12-14 ft ceilings ready for development and increased revenue.
This asset provides strong cash-flow and is being offered at an attractive capitalization rate when stabilized. All financials, rent rolls, historical statements and FF&E lists available for review with signed NDA. The document is available for your review located on the property website at https://buildout.com/website/RED-WING-OFFERING.
Complete package of photos are available for viewing on the property website at https://buildout.com/website/RED-WING-OFFERING.
Please contact listing Brokers for additional information, schedule a tour or to request the NDA for full review. This space offers accomodations for: lowrisegarden.
Pricing: Negotiable
Availability: Now
Listing ID: 3135930