157 W 3rd Street, Winona, MN 55987 (MLS# 6239336)
$3,400,000
Winona, MN 55987
MLS# 6239336
Status: Closed
1 / 15
Property Description
Here is your chance to own a piece of Winona history, along with an investment opportunity. There are 11 commercial units, along with 48 residential apartments. Current CAP rate of 10.02%
Details
Maps
Contract Information
Allow Auto Valuation: Yes
Allow Consumer Comment: No
Status: Closed
Off Market Date: 2023-04-20
Current Price: 3700000
Closed Date: 2023-07-14
Sales Close Price: 3700000
Original List Price: 3500000
Contingency: None
ListPrice: 3400000
List Date: 2022-07-23
Owner is an Agent?: Yes
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 48
Year Built: 1890
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Lot Size SqFt: 16814.16
Foundation Size: 13100
Garage Stalls: 13
For Sale or Lease: For Sale
Acres: 0.39
Lot Dimensions: 120 x 140
Assessment Pending: No
Location Tax and Other Information
House Number: 157
Street Direction Prefix: W
Street Name: 3rd
Street Suffix: Street
Postal City: Winona
County: Winona
State: MN
Zip Code: 55987
Assessments
Tax With Assessments: 51420
Building Information
Building Finished SqFt: 50000
Income and Expenses
Annual Gross Income: 516000
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
FIPS Code: 27169
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 07
Section#: 23
Township#: 107
Sale Options
Sale Includes: Building,Business Assets,Fixture/Equipment,Land,Leases,Rental License
Unit Details
Total Units: 58
Property Features
Accessible: Accessible Elevator Installed; Wheelchair Ramp
CMU Style: Apartments/Multi Family; High Rise; Mixed Use
Construction Status: Previously Owned
Current Use: Beauty/Barber Shop; Commercial; Residential; Restaurant
Exterior: Brick/Stone
Fuel: Natural Gas
Heating: Boiler
On Site Utilities: Electric Separate; Heating Common; Hot Water Common
Parking Characteristics: Assigned; Carport; Garage Door Opener; Paved Lot
Rental License Type: Standard
Sewer: City Sewer/Connected
Water: City Water/Connected
Listing Office: Richard L. Jacobson Real Estate
Last Updated: June - 08 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
Monday 25th of May 2026 09:49 AM
218-998-4400
Mohagen Real Estate
Let's Connect
Mohagen Real Estate
sue@MohagenRealEstate.com
Office: 218-998-4400
Cell: 218-731-7376
Mohagen Real Estate is licensed in the State of Minnesota