102 Walnut Street, Winona, MN 55987 (MLS# 7089677)

Overview

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 leasin ... (Read more)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 12
Waterfront YN: No
Year Built: 1900
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Other
Foundation Size: 54199
Garage Stalls: 2
For Sale or Lease: For Sale
Acres: 0.25
Lot Dimensions: Irregular
Assessment Pending: No

Property Features

Accessible: Accessible Elevator Installed; Grab Bars In Bathroom CMU Style: Business Opportunity Construction Status: Previously Owned Current Use: Commercial Exterior: Brick/Stone Foundation: Brick/Mortar Fuel: Natural Gas Heating: Forced Air On Site Utilities: Electric Separate Parking Characteristics: Parking Lot; Other Potential Use: Other Sewer: City Sewer - In Street Water: City Water/Connected

Contract Information

Contingency: None
ListPrice: 4850000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 102
Street Name: Walnut
Street Suffix: Street
Postal City: Winona
County: Winona
State: MN
Zip Code: 55987

Assessments

Tax With Assessments: 69534
Assessment Balance: 0

Building Information

Building Finished SqFt: 54199
Building SqFt: 54199

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 07
Section#: 23
Township#: 107

Sale Options

Sale Includes: Building, Fixture/Equipment, Land, Leases, Other

Unit Details

Total Units: 3

Office/Member Info

Association: SEMR

Location, Tax and Other Information

Legal Description: SECT-23 TWP-107 RANGE-007 ORIGINAL PLAT LOT-005 BLOCK-013 ORIGINAL PLAT W 1/3 LOT 4 & ALL LOT 5
Listing City: Winona
Map Page: 999
Municipality: Winona
School District: Winona Area Public Schools
School District Phone: 507-494-0861
Zip Plus 4: 3456
Property ID Number: 320000640
Tax Year: 2025
Tax Amount: 69506
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: 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.
Directions: I90 to 14/61 to MN 43N to Mankato Ave to N 2nd St to Walnut St.

Accessible

Accessible Elevator Installed: Yes
Grab Bars In Bathroom: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick/Stone: Yes

Foundation

Brick/Mortar: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Parking Characteristics

Parking Lot: Yes
Other: Yes

Sewer

City Sewer - In Street: Yes

Water

City Water/Connected: Yes

On Site Utilities

Electric Separate: Yes

CMU Style

Business Opportunity: Yes

Current Use

Commercial: Yes

Potential Use

Other: Yes