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Active
$575,000
/mo Edit
Commercial:  Apartment,Mixed Use,Business
Built 1890
0.08 acres
Winona Area schools
MLS# 6639202
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    Property Description

    Great opportunity to own a property in the Winona downtown core district mixed use area. Be part of the future of downtown Winona. The buyer can use the property as an investment or for the owner's future use. The apartments are being rented month to month at this time with the commercial space presently in a two year lease. The building and equipment have been well maintained or updated. Units have separate utilities paid by tenants. Approximate Sq/Ft for apartments are 1400 Sq/Ft 2nd & 3rd floor & 1000 Sq/Ft 2nd floor units. The business is not for sale.

    Listing

    Contingency: None
    City: Winona
    County: Winona
    State: MN
    Property Style: Apartment, Mixed Use, Business
    Zip Code: 55987

    Interior

    Ranges: One Per Unit, Two
    Refrigerators: One Per Unit, Two
    Appliances Included:
    • Exhaust Fan
    • Range
    • Refrigerator
    Basement Details:
    • Full
    • Unfinished

    Exterior

    Stories: Three Or More
    Garage Spaces: 0
    Other Parking Spaces: 2
    Air Conditioning: Central Air
    Foundation Size: 2,720 ft2
    Foundation Dimensions: 24x75x20x46
    Handicap Accessible: Partially Wheelchair
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Concrete
    • Open
    Shared Amenities: Coin-op Laundry Owned
    Road Frontage: City Street
    Exterior Material:
    • Block
    • Brick/Stone
    Roof Details:
    • Pitched
    • Rubber

    Lot & Land

    Acres: 0.08
    Geolocation: 44.051263, -91.633709
    Inclusions: Building, Fixture/Equipment, Land
    Lot Dimensions: 33, 541 Sq/Ft
    Zoning:
    • Business/Commercial
    • Residential-Multi-Family
    Lot Description:
    • Irregular Lot
    • Zero Lot Line

    Schools

    School District: 861
    District Phone: 507-494-0861

    Expenses

    Tenant Expenses: Electricity, Gas

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $4,390
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $4,446

    Income

    Annual Gross Income: $46,800

    Units

    Total Units: 3
    Unit Number: 3

    Miscellaneous

    Current Use:
    • Residential
    • Restaurant
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Separate
    Water System: City Water/Connected

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    Listing provided by RMLS, courtesy of Property Brokers of Minnesota.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.