Property Description Discover this rare opportunity to own the historic Kensington, a premier investment property in the heart of downtown Winona. This vibrant 55+ community pairs a dynamic residential atmosphere with a thriving commercial clientele. Steps away from dining, shopping and entertainment, this well-established property boasts modern amenities, a vibrant social scene, and a loyal resident base. As retirement grows at a record pace, this is a prime moment to invest. The property is meticulously maintained and fully rented. There is also an option to acquire an additional parcel, a large commercial lot with garages and parking offering further development potential. Contact us today to learn more about this exceptional turnkey investment!
Details
Maps
Contract Information
Status: Active
Current Price: 4800000
Contingency: None
ListPrice: 4800000
List Date: 2026-04-02
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 58
Waterfront Present: No
Year Built: 1890
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 14774
Garage Stalls: 11
For Sale or Lease: For Sale
Acres: 0.77
Lot Dimensions: 120x140
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: 47760
Building Information
Building Finished SqFt: 51548
Building SqFt: 58774
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Square Feet: 3000
Public Survey Info
Range#: 07
Section#: 23
Township#: 107
Sale Options
Sale Includes: Building, Fixture/Equipment, Leases
Unit Details
Total Units: 58
Property Features
Accessible: Doors 36"+; Fully Wheelchair; Grab Bars In Bathroom