, Winona, MN 55987 (MLS# 7045605)


$1,800,000
Winona, MN 55987
MLS# 7045605
Status: Closed



Winona, MN 55987
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Winona, MN 55987 Winona, MN 55987 Winona, MN 55987 Winona, MN 55987 Winona, MN 55987 Winona, MN 55987 Winona, MN 55987 Winona, MN 55987 Winona, MN 55987 Winona, MN 55987 Winona, MN 55987

Property Description
This fully leased retail property presents a solid investment opportunity in one of Winona’s main retail corridors. Located within the Menards and Walmart Supercenter development along Frontenac Drive, the property benefits from strong visibility, consistent traffic, and surrounding national retailers including Walmart, Menards, and Target. The building was constructed for efficient retail or restaurant use, with potential for a drive-thru, and is well positioned within the development with ample parking and easy access. The property is fully leased under a Triple Net (NNN) structure, offering a passive investment with minimal landlord responsibilities and predictable cash flow. Built-in rent increases provide additional income growth over the term of the current leases. Winona draws from a broad regional base, supported by local colleges, healthcare, and a diverse employment mix, which helps drive steady traffic to the area. Overall, this is a straightforward, well-located asset with strong fundamentals and long-term stability.

Details
Contract Information
Status: Closed
Off Market Date: 2026-07-26
Current Price: 1775000
Closed Date: 2026-07-24
Sales Close Price: 1775000
Contingency: None
ListPrice: 1800000
List Date: 2026-03-30
Owner is an Agent?: Yes
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 30
Waterfront YN: No
Year Built: 2012
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 6600
For Sale or Lease: For Sale
Acres: 0.75
Lot Dimensions: 198x165x198x170
Assessment Pending: Unknown
Location Tax and Other Information
Postal City: Winona
County: Winona
State: MN
Zip Code: 55987
Assessments
Tax With Assessments: 38902
Building Information
Building Finished SqFt: 6600
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 07
Section#: 25
Township#: 107
Sale Options
Sale Includes: Building
Unit Details
Total Units: 4
Property Features
Accessible: No Stairs External; No Stairs Internal; Partially Wheelchair
CMU Style: Freestanding; Retail/Shopping Center
Construction Status: Previously Owned
Current Use: Commercial
Exterior: Brick/Stone
Financing Terms: Conventional
Foundation: Permanent
Fuel: Natural Gas
Heating: Forced Air
On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate
Parking Characteristics: Parking Lot
Sewer: City Sewer/Connected
Water: City Water/Connected

Listing Office: Realty Growth Inc.

Last Updated: July - 26 - 2026

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. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Thursday 15th of October 2026 11:16 AM

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