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$850,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • Updated 1 day ago
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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 facade 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!

Full Property Details for 217 Plum St

General

  • Price: $850,000
  • Taxes: $7,246 (2026)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7073822
  • Updated: 5/15/2026
  • Added to Site: 6 day(s) ago

Additional Information

  • Amenities: City View, Walk-Up Attic
  • Shared Amenities: Elevator(s)

Parking

  • Parking Features: Parking Lot, Unassigned, Open

Location

  • County: Goodhue
  • Township: Red Wing
  • Subdivision: Armory Center Condominiums
  • Driving Directions: Hwy 61 S. to Downtown Red Wing. South on Hwy 58 (Plum St.)

School Information

  • School District: 256 - Red Wing
  • High School District: Red Wing

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Electric, Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Separate, Heating Separate, Hot Water Common

Structural Information

  • Basement: Yes
  • Foundation Size: 8040
  • Roof: Flat, Pitched
  • Disability Access: Other
  • Current Bldg. Use: Beauty/Barber Shop, Office, Professional Service, Restaurant, Bar/Tavern
  • Year Built: 1901

Lot Features

  • Lot Dimensions: 142 x 120
  • Frontage: City Street, Curbs, Paved Streets, Sidewalks, State Road, Highway
  • Potential Use: Office, Professional Service, Rest/Lounge, Restaurant, Retail, Lounge/Bar
  • Zoning: Business/Commercial
  • Lot Description: Corner Lot

Financial Considerations

  • Tax Amount: $7,246.38
  • Tax Year: 2026
  • Terms: Conventional, Cash
  • Owner Pays: Insurance, Taxes
  • Tenant Pays: Electricity, Fuel
  • Pays Electric: Tenant Pays

Disclosures and Reports

  • Legal Description: Armory Center Condo
  • Inclusions: Building, Land, Leases
  • Property ID: 550170010

Listed by Epique Realty

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— 217 Plum St —

  • Epique Realty

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 217 Plum St

School District:Red Wing Public School District
NameGradesDistance
Sunnyside Elementary School, Red Wing, MN
1669 Southwood Avenue, Red Wing, MN 55066
K-21.2 mi
Twin Bluff Middle School
2120 Twin Bluff Road, Red Wing, MN 55066
5-71.6 mi
Burnside Elementary.
5001 Learning Lane, Red Wing, MN 55066
2-44.8 mi
Red Wing Senior High School
2451 Eagle Ridge Drive, Red Wing, MN 55066
8-122.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 217 Plum St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/11/2026
Listed
$850,000
2093.55%
MLS
3/15/2006
Sold
$38,750
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 217 Plum St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,186
-2%
$57,700
—
2024
$1,206
27%
$57,700
33%
2023
$948
16%
$43,500
29%
2021
$820
-14%
$33,700
-24%
2023
$948
16%
$44,400
33%
2021
$820
8%
$33,400
—
2020
$758
—
$33,400
-1%
2020
$758
19%
$33,800
16%
2018
$636
-24%
$29,100
-1%
2016
$840
—
$29,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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217 Plum Street, Red Wing, MN 55066 (MLS# 7073822) is a Commercial property. 217 Plum Street is currently listed for $850,000 and was received on May 11, 2026. Want to learn more about 217 Plum Street? Do you have questions about finding other Commercial real estate for sale in Red Wing? You can browse all Red Wing real estate or contact a Coldwell Banker agent to request more information.

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