| Redevelopment Opportunity: Former 145-bed skilled nursing facility with potential for multifamily conversion or other uses, subject to City approval. |
| Strong Fundamentals: Proximity to major employers, including Mayo Clinic Health System in Red Wing, supporting sustained housing demand. |
| Scale & Flexibility: Three-story building 86,453 square feet on 1.54 acres, offering a large existing footprint for redevelopment |
| Recent Capital Improvements: Property has been remodeled with recent updates, reducing near-term capital needs for a future owner |
| Attractive Basis: Offered at a low cost basis, providing investors a compelling entry point and significant upside upon redevelopment or repositioning |
Abe Roberts
Marcus & Millichap
