, Winsted, MN 55395 (MLS# 7080318)
$295,000
MLS# 7080318
4 beds | 5 baths | 6300 sqft
1 / 67
Property Description
Great opportunity in downtown Winsted with this mixed-use building offering 2 upper-level apartments and 3 street level commercial units all with private parking. This property's downtown location next to Winsted Lake has contributed to its consistent rental history. The basement is unfinished and offers 2 separate entrances that can be finished as 2 more units.
Details
Documents
Contract Information
Status: Active
Current Price: 295000
Contingency: None
ListPrice: 295000
List Date: 2026-05-27
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 6
Owner Occupied: No
Road Btwn WF & Home?: Yes
Waterfront YN: No
Year Built: 1900
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Residential-Multi-Family
Bedrooms: 4
Baths Total: 5
Foundation Size: 2100
Lake/Waterfront Name: Winsted
Power Company: Xcel Energy
For Sale or Lease: For Sale
Acres: 0.24
Lot Dimensions: 100x105
Assessment Pending: No
Location Tax and Other Information
Postal City: Winsted
County: McLeod
State: MN
Zip Code: 55395
Complex/Dev/Subdivision: Barretts
Assessments
Tax With Assessments: 5316
Basement
Foundation Dimensions: 24x59x14x18x38x77
Building Information
Building Finished SqFt: 4200
Building SqFt: 6300
Ceiling Height: 8-10
Elevation Highpoint to Waterfront Feet
Elevation Highpoint Waterfront Feet: 40+
Income and Expenses
Annual Caretaker Expense: 3600
Annual Electric Expense: 3568
Annual Fuel Expense: 1776
Annual Gross Expenses: 17850
Annual Gross Income: 39900
Annual Insurance Expense: 3504
Annual Maintenance Expense: 1300
Annual Net Income: 22050
Annual Repair Expense: 500
Annual Trash Expense: 960
Annual Water/Sewer Expense: 1910
Total Annual Expenses: 17850
Lake Details
Lake Acres: 382
Lake Depth: 12
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Sale Options
Sale Includes: Building, Fixture/Equipment, Land, Leases
Unit 1
Unit Number: 1
Monthly Rent: 650
Half Baths: 1
Total Bathrooms: 1
Total Rooms: 6
Level: Main Level
Unit Total SqFt: 1100
Leased?: Yes
Lease Expiration Date: 2026-12-31
No. of 1 Bedroom Units: 1
Unit 2
Half Baths: 1
Lease Expiration Date: 2026-12-31
Leased?: Yes
Level: Main Level
Total Bathrooms: 1
Total Rooms: 1
Unit Number: 2
Unit Total SqFt: 260
Unit 3
No. of 3 Bedroom Units: 1
Half Baths: 1
Lease Expiration Date: 2026-12-31
Leased?: Yes
Level: Main Level
Monthly Rent: 725
Total Bathrooms: 1
Total Rooms: 4
Unit Number: 3
Unit Total SqFt: 1275
Unit 4
Full Baths: 1
Lease Expiration Date: 2025-12-15
Leased?: Yes
Level: 2nd Level
Monthly Rent: 1150
Total Bathrooms: 1
Total Bedrooms: 3
Total Rooms: 9
Unit Number: 201
Unit Total SqFt: 1440
Unit 5
Full Baths: 1
Lease Expiration Date: 2026-01-30
Leased?: Yes
Level: 2nd Level
Monthly Rent: 800
Total Bathrooms: 1
Total Bedrooms: 1
Total Rooms: 5
Unit Number: 202
Unit Total SqFt: 680
Unit Details
Total Units: 5
Property Features
Accessible: None
Air Conditioning: Central Air
Amenities Unit: Balcony; Ceiling Fan(s); City View; Deck; Hardwood Floors; Kitchen Window; Main Floor Primary Bedroom; Panoramic View; Security Lights; Washer/Dryer Hookup
Appliances: Dishwasher; Range; Refrigerator
Basement: Full; Unfinished
CMU Style: Apartments and Retail; Apartments/Multi Family; Mixed Use; Office
Construction Status: Previously Owned
Current Use: Office; Residential; Retail
Elevation Highpoint to Waterfront Slope: Gradual
Exterior: Stucco
Fencing: None
Flooring: Carpet; Tile; Vinyl/Linoleum; Wood
Foundation: Stone
Fuel: Natural Gas
Heating: Forced Air
Internet Options: Fiber Optic
Lake Details: Soft
Loan Terms: Cash; Conventional
Location Description: Downtown
Lot Description: Corner Lot; Tree Coverage - Light
Miscellaneous Information: Display Window; Exterior Lighting; Kitchen Facilities
On Site Utilities: Electric Separate; Heating Common; Hot Water Separate
Owner Pays: Fuel; Insurance; Lawn; Lawn; Maintenance/Repair; Sewer; Snow Removal; Taxes; Trash Collection; Water
Parking Characteristics: Driveway - Shared; Uncovered/Open
Rent Rate per Foot: Per Month
Rental License Type: Standard
Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Street Lights
Road Responsibility: Public Maintained Road
Roof: Age 8 Years or Less; Flat; Rubber
Sewer: City Sewer/Connected
Stories: Two
Tenant Pays: Electricity
Topography: High Ground
Wall Description: Drywall; Finished; Insulated; Plaster
Water: City Water/Connected
Waterfront Type: Lake View
Waterfront View: Lake
Window Features: Display Window(s); Double Pane Windows
Home Report.pdf Listing Office: CENTURY 21 Atwood
Last Updated: July - 09 - 2026
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