157 W 3rd St Winona, MN $ 4,800,000
157 W 3rd St
$ 4,800,000
Adult Community
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157 W 3rd St

Winona, MN, 55987
$ 4,800,000
Bedrooms-- Baths-- Sq 58,774

Monthly Estimate*

$ 29,554

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Commercial Property for sale in Winona, MN

for $4,800,000. This 58,774 square foot building was built in 1890 on a lot size of 0.77.

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!

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Commercial Active

Price

$ 4,800,000

Property Type

Commercial

Taxes

$ 47,760

Style

Retail

Lot Size

0.77

Year Built

1890

Town/City

Winona

County/Region

Winona

MLS | Web ID

1956146

Features
General
Road Frontage Town/City Road
Parking 58.00
Zoning Commercial
Year Built 1890
County Winona
Miscellaneous Elevator Furniture Handicap Access Handicap Equipped Living Space Avail. Loading Dock Rest Rooms Security Lighting
Property Type G
Location Corner
Municipality City
Tax Year 2025
Directions Hwy 61 and Huff street head north to 3rd St. Turn right to Johnson Street
City Winona
Taxes 47760.00
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Interior
Basement Full
Heating/Cooling Hot Water/Steam
Stories 4
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Exterior
Exterior Stone
Roofing Other Tar/Gravel
Flood Plan No
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* Excluded Features
List By
Keller Williams Premier Realty

Broker

cherieburke@kw.com

Email

Affordability Calculator

$33,534
Per Month
88%
12%
0%
Monthly Principal & Interest
$29,554
Monthly Property Taxes
$3,980
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1159182 Elementary School
1159119 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/2/2026$4,800,000 Listed Price

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157 W 3rd St, Winona, MN, 55987 is a Commercial Property for sale at $4,800,000 with 58,774 sqft and a lot size of 0.77. 157 W 3rd St was built in 1890. The property's zip code is 55987 which is in Winona, MN