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Active NEW!
$4,850,000
/mo Edit
Commercial:  Other
Built 1900
0.257 acres
Winona Area schools
MLS# 7089677
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    Property Description

    Discover an exceptional investment opportunity in the thriving Winona area. Three properties, located at 102 Walnut Street, 159 East 2nd Street & 163 East 2nd Street in Winona offers an ideal setting for office building investors. Boasting a strategic location in Winona, this property provides easy access to local amenities and a strong business community. Its modern design, versatility, and ample parking make it a standout choice for businesses seeking a professional and convenient space. With its high visibility and excellent connectivity, this property presents a compelling opportunity for investors looking to capitalize on the dynamic market in the Winona area. This exceptional investment opportunity features a strong mix of established long-term tenants, providing immediate and stable income. Current leases include a well-known upscale restaurant, financial advisory professionals, and several other independent businesses with long-standing occupancy histories. An additional leasing opportunity exists on the third floor of 102 Walnut, where vacant space is available and ready for tenant buildout, offering future income growth potential. Detailed financial information, including rent rolls and operating statements, is available upon request to qualified buyers. A signed Non-Disclosure Agreement (NDA) and proof of financial capability are required prior to the release of financial documents.

    Listing

    Contingency: None
    City: Winona
    County: Winona
    State: MN
    Property Style: Other
    Zip Code: 55987

    Exterior

    Garage Spaces: 2
    Foundation Size: 54,199 ft2
    Handicap Accessible: Accessible Elevator Installed, Grab Bars In Bathroom
    Heating System: Forced Air
    Parking Features:
    • Attached Garage
    • Other
    • Parking Lot

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.257
    Geolocation: 44.052223, -91.633232
    Inclusions: Building, Fixture/Equipment, Land, Leases, Other
    Lot Dimensions: Irregular
    Zoning:
    • Business/Commercial
    • Other

    Schools

    School District: 861
    District Phone: 5074940861

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $69,506
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $69,534

    Units

    Total Units: 3

    Miscellaneous

    Current Use: Commercial
    Fuel System: Natural Gas
    Sewer System: City Sewer - In Street
    Available Utilities: Electric Separate
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Coldwell Banker River Valley, REALTORS.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.