$3,400,000

157 W 3rd Street, Winona, MN 55987


157 W 3rd Street Winona, MN 55987

Active Contingent MLS# 6239336

Other

Data current as of {{getLocalTime('2023-03-22T02:55:27Z')}}

Details for 157 W 3rd Street

MLS# 6239336

Description for 157 W 3rd Street, Winona, MN, 55987


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 8.33%

Listing Information


Property Type: Commercial

Status: Active Contingent-Inspection

Lot Size: 0.39 Acres

Square Feet: 50,000 sq ft

Year Built: 1890

Foundation: 13,100 sq ft

Garage: Yes

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision:

Builder:

Foundation:

Total Units: 58

Current Use: Beauty/Barber Shop,Commercial,Residential,Restaurant

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Winona

Days On Market: 241

HERS Score:

Construction Status: Previously Owned

School Information


District: 861 - Winona Area Public Schools

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Flooring:

Accessibility: Elevator, Wheelchair Ramp

Additional Interior Features:

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities: Electric Separate,Heating Common,Hot Water Common

Other Utilities:

Heating: Natural Gas, Boiler

Exterior / Lot Features


Attached Garage

Garage Spaces: 13

Parking Spaces: 48

Parking Description: Detached Garage, Assigned, Attached Garage, Garage Door Opener, Carport, Paved Lot

Exterior: Brick/Stone

Lot View:

Lot Dimensions: 120 x 140

Farm Type:

Crop Type:

Zoning: Business/Commercial

Additional Exterior/Lot Features: Land Inclusions - Building,Business Assets,Fixture/Equipment,Land,Leases,Rental License

Soil Type:

Tillable Acres:

Driving Directions


Take Huff St toward the river. Take a right (east) on 3rd St. Building is on the right hand side of the road.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays:

Owner Pays:

Annual Income: $480,000

Ownership Type:

Tax/Property ID: 320001360

Tax Amount: $51,196

Tax Year: 2022

HomeStead Description: Non-Homesteaded

Price Changes


$3,500,000 Original Price
$3,400,000 Current Price
-$100,000 Total Change
Date Price Change
8/12/2022 04:23 PM $3,400,000 -$100,000
7/23/2022 03:48 PM $3,500,000

Sales History

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Tax Summary

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Schools nearby 157 W 3rd Street

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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Schools nearby Grades Distance SchoolDigger® Rating i
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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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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings