157 W 3rd Street, Winona, MN 55987
$4,800,000
Property Type:
Commercial
Lot Size (sq. ft.):
33,541
Status:
Active
Current Price:
$4,800,000
List Date:
4/02/2026
Last Modified:
5/27/2026
Overview
Description
Listing Details MLS# 7046317
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
Property Features
Accessible:
Doors 36"+; Fully Wheelchair; Grab Bars In Bathroom
CMU Style:
Apartments and Retail
Construction Status:
Previously Owned
Current Use:
Commercial; Residential; Retail
Exterior:
Brick/Stone
Foundation:
Combination
Fuel:
Natural Gas
Heating:
Boiler
On Site Utilities:
Electric Separate
Parking Characteristics:
Parking Lot; Paved Lot
Potential Use:
Income; Professional; Retail
Sewer:
City Sewer - In Street
Water:
City Water - In Street
Contract Information
- Contingency
- None
- ListPrice
- 4800000
- Owner is an Agent?
- No
- 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
- 47760
- Assessment Balance
- 0
Building Information
- Building Finished SqFt
- 51548
- Building SqFt
- 58774
More Information
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Parking Characteristics
- Garage Square Feet
- 3000
- Parking Lot
- Yes
- Paved Lot
- Yes
Public Survey Info
- Range#
- 07
- Section#
- 23
- Township#
- 107
Sale Options
- Sale Includes
- Building, Fixture/Equipment, Leases
Unit Details
- Total Units
- 58
Office/Member Info
- Association
- SEMR
Location, Tax and Other Information
- Legal Description
- SECT-23 TWP-107 RANGE-007 ORIGINAL PLAT LOT-001 BLOCK-019 ORIGINAL PLAT & LOT 2
- Listing City
- Winona
- Map Page
- 999
- Municipality
- Winona
- School District
- Winona Area Public Schools
- School District Phone
- 507-494-0861
- Zip Plus 4
- 7144
- Property ID Number
- 320001360
- Tax Year
- 2025
- Tax Amount
- 47760
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- 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!
- Directions
- Hwy 61 and Huff street head north to 3rd St. Turn right to Johnson Street.
Accessible
- Doors 36"+
- Yes
- Fully Wheelchair
- Yes
- Grab Bars In Bathroom
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Brick/Stone
- Yes
Foundation
- Combination
- Yes
Fuel
- Natural Gas
- Yes
Heating
- Boiler
- Yes
Sewer
- City Sewer - In Street
- Yes
Water
- City Water - In Street
- Yes
On Site Utilities
- Electric Separate
- Yes
CMU Style
- Apartments and Retail
- Yes
Current Use
- Commercial
- Yes
- Residential
- Yes
- Retail
- Yes
Potential Use
- Income
- Yes
- Professional
- Yes
- Retail
- Yes
Listing Office:
Keller Williams Premier Realty
Last Updated: May - 27 - 2026
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