LISTING Commercial Property For Sale

Red Wing 55066 - 5.15 Acres

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Property Description

$600,000  |  Land # 6163809  |  W 1407 4th Street - Red Wing, LISTING

A RARE OPPORTUNITY TO ACQUIRE 5.14 ACRES OF PRIME RESIDENTIAL DEVELOPMENT LAND IN THE HEART OF RED WING! PARCELS ARE ZONED R2. R2 ALLOWS 1 & 2 FAMILY RESIDENTIAL HOMES – 8 UNITS PER ACRE. THIS ZONE COULD ACCOMMODATE ROUGHLY 40 RESIDENTIAL UNITS CONSISTING OF: TOWNHOMES, DUPLEX RENTALS, SINGLE FAMILY HOMES, ETC. - SUBJECT TO HOW THE UNITS MIGHT FIT THE PROPERTY. AN IDEAL 1031 REPLACEMENT PROPERTY. THERE ARE UTILITY EASEMENTS WHICH RUN ALONG JACKSON STREET, AN ACCESS EASEMENT FOR A PROPERTY ON 5TH., AND A PROPOSED SCENIC EASEMENT ON A PORTION OF THE HILLSIDE PARCEL. PROPERTY TAX AMOUNT IS PROPOSED. THIS LISTING IS COMPRISED OF SIX PLATTED LOTS: PID#555351280 PID# 555351230 PID#555351210 PID#555351220 PID#555351270 PID# 555351410

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$600,000  |  Land # 6163809  |  W 1407 4th Street - Red Wing, LISTING

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$600,000  |  Land # 6163809  |  W 1407 4th Street - Red Wing, LISTING

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Re: $600,000  |  Land # 6163809  |  W 1407 4th Street - Red Wing, LISTING

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All properties are subject to prior sale, change or withdrawal. 2022.05.23 | 108.163.245.133 | 35.170.82.159
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