157 W 3rd Street, Winona, MN 55987 (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