157 W 3rd Street, Winona, MN 55987
$3,700,000
Property Type:
Commercial
Lot Size (sq. ft.):
16,814
Status:
Closed
Current Price:
$3,700,000
List Date:
7/23/2022
Last Modified:
6/08/2025
Overview
Description
Listing Details MLS# 6239336
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
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
Contract Information
- Allow Auto Valuation
- Yes
- Allow Consumer Comment
- No
- Off Market Date
- 2023-04-20
- Closed Date
- 2023-07-14
- Sales Close Price
- 3700000
- Original List Price
- 3500000
- Contingency
- None
- ListPrice
- 3400000
- Owner is an Agent?
- Yes
- Auction?
- 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
- Assessment Balance
- 0
Building Information
- Building Finished SqFt
- 50000
More Information
Income and Expenses
- Annual Gross Income
- 516000
Lease Details
- Land Leased
- Not Applicable
- Monthly Land Lease Amt
- 0
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
Office/Member Info
- Association
- SEMR
- MLSID
- RMLS
Location, Tax and Other Information
- Map Page
- 999
- Municipality
- Winona
- Rental License?
- Yes
- School District
- Winona Area Public Schools
- School District Phone
- 507-494-0861
- Map Coordinate Source
- King's Street Atlas
- Zip Plus 4
- 6602
- Property ID Number
- 320001360
- Tax Year
- 2022
- Tax Amount
- 51196
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- 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%
- Directions
- Take Huff St toward the river. Take a right (east) on 3rd St. Building is on the right hand side of the road.
Accessible
- Accessible Elevator Installed
- Yes
- Wheelchair Ramp
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Brick/Stone
- Yes
Fuel
- Natural Gas
- Yes
Heating
- Boiler
- Yes
Parking Characteristics
- Assigned
- Yes
- Carport
- Yes
- Garage Door Opener
- Yes
- Paved Lot
- Yes
Rental License Type
- Standard
- Yes
Sewer
- City Sewer/Connected
- Yes
Water
- City Water/Connected
- Yes
On Site Utilities
- Electric Separate
- Yes
- Heating Common
- Yes
- Hot Water Common
- Yes
CMU Style
- Apartments/Multi Family
- Yes
- High Rise
- Yes
- Mixed Use
- Yes
Current Use
- Beauty/Barber Shop
- Yes
- Commercial
- Yes
- Residential
- Yes
- Restaurant
- Yes
Listing Office:
Richard L. Jacobson Real Estate
Last Updated: June - 08 - 2025
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