$4,800,000
157 W 3rd Street Winona, MN 55987
For Sale MLS# 7046317
51,548 sq ft Commercial
Details for 157 W 3rd Street
MLS# 7046317
Description for 157 W 3rd Street, Winona, MN, 55987
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!
Listing Information
Property Type: Commercial, Apartments and Retail
Status: Active
Lot Size: 0.77 Acres
Square Feet: 51,548 sq ft
Year Built: 1890
Foundation: 14,774 sq ft
Garage: Yes
Number Of Units Total: 58
Current Use: Commercial,Residential,Retail
County: Winona
Days On Market: 67
Construction Status: Previously Owned
School Information
District: 861 - Winona Area Public Schools
Interior Features
Accessibility: Fully Wheelchair, Grab Bars In Bathroom, Doors 36+
Utilities
Water: City Water - In Street
Sewer: City Sewer - In Street
Other Utilities: Electric Separate
Heating: Natural Gas, Boiler
Exterior / Lot Features
Garage Spaces: 11
Open Parking: 58
Parking Description: Detached Garage, Parking Lot, Paved Lot, Garage Sq Ft - 3000.
Exterior: Brick/Stone
Lot Dimensions: 120x140
Zoning: Business/Commercial
Additional Exterior/Lot Features: Land Inclusions - Building,Fixture/Equipment,Leases
Driving Directions
Hwy 61 and Huff street head north to 3rd St. Turn right to Johnson Street.
Financial Considerations
Tax/Property ID: 320001360
Tax Amount: 47760
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Keller Williams Premier Realty
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 157 W 3rd Street
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 157 W 3rd Street
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
Coming soon properties will soon be on the market, but are not yet available for showings.