$4,850,000
Winona, MN 55987
MLS# 7089677
1 / 109
Property 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 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.
Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Active
Current Price: $4,850,000
Contingency: None
ListPrice: 4850000
List Date: 2026-06-11
Office/Member Info
Association: SEMR
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
Lot Dimensions: Irregular
Acres: 0.25
Foundation Size: 54199
Garage Stalls: 2
For Sale or Lease: For Sale
Assessment Pending: No
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: 1
Grab Bars In Bathroom: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 69534
Building Information
Building Finished SqFt: 54199
Building SqFt: 54199
Construction Status
Previously Owned: 1
Exterior
Brick/Stone: 1
Foundation
Brick/Mortar: 1
Fuel
Natural Gas: 1
Heating
Forced Air: 1
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Parking Lot: 1
Other: 1
Public Survey Info
Range#: 07
Section#: 23
Township#: 107
Sale Options
Sale Includes: Building, Fixture/Equipment, Land, Leases, Other
Sewer
City Sewer - In Street: 1
Unit Details
Total Units: 3
Water
City Water/Connected: 1
On Site Utilities
Electric Separate: 1
CMU Style
Business Opportunity: 1
Current Use
Commercial: 1
Potential Use
Other: 1
Location Tax and Other Information
House Number: 102
Street Name: Walnut
Street Suffix: Street
Postal City: Winona
County: Winona
State: MN
Zip Code: 55987
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
Listing Office: Coldwell Banker River Valley, REALTORS
Last Updated: June - 12 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.