$4,800,000

157 W 3rd, Winona, MN 55987

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$4,800,000

157 W 3rd Winona, MN 55987

For Sale MLS# 1956146

Commercial

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Data current as of 07/06/2026 01:32:17

Details for 157 W 3rd

MLS# 1956146

Description for 157 W 3rd, 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

Status: Active

Lot Size: 0.77 Acres

Year Built: 1890

Stories: 4 Story

County: Winona

Interior Features


Basement: Full

Accessibility: Elevator, Handicap Access, Handicap Equipped

Additional Interior Features: Furniture, Living Space Avail.

Utilities


Water: Municipal Water

Sewer: Municipal Sewer

Heating: Hot Water/Steam

Exterior / Lot Features


Open Parking: 58

Exterior: Stone

Roof: Tar/Gravel, Other

Zoning: Commercial

Additional Exterior/Lot Features: Loading Dock, Road Frontage - Town/City Road

Community Features


Security Features: Security Lighting

Driving Directions


Hwy 61 and Huff street head north to 3rd St. Turn right to Johnson Street

Financial Considerations


Tax Amount: 47760

Tax Year: 2025

Property price
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Down payment
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HOA dues
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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

Date Price
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

Schools nearby 157 W 3rd

Schools in attendance boundaries Grades Distance Rating
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Schools nearby Grades Distance Rating
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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.

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