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About This Home

This 0-bedroom, 0-bathroom commercial at 157 W 3rd St in Winona, MN is listed for $4,800,000 ($82 per sqft). Built in 1890, the home offers 58,774 sqft of living space on a 0.77 acres lot.

Agent Description

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!

Key Features

  • Built in 1890
  • 0.77 acre lot
  • 4 stories

Property Details

4 stories
1890

Monthly Cost Estimate

$25,671/mo

20% down · 6.5% · 30 years

Principal$3,471
Interest$20,800
Insurance$1,400

Estimates only. Actual payments may vary.

Location

157 W 3rd St

Winona, MN 55987

Features & Amenities

Interior Features

ElevatorFurnitureHandicap AccessHandicap EquippedLiving Space Avail.Rest Rooms

Exterior Features

Loading Dock

Property Details

Construction

Stone

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 157 W 3rd St is listed at $4,800,000 ($82/sqft). The estimated monthly payment is $20,800 based on 20% down at 6.5% interest.

Key features include: Built in 1890, 0.77 acre lot, 4 stories. Interior Features: Elevator, Furniture, Handicap Access. Exterior Features: Loading Dock.

This property is listed by Cherie Burke and can be reached at 5074507867 or cherieburke@kw.com.

CB

Cherie Burke

Agent at Keller Williams Premier Realty

(507) 450-7867

Listed by Keller Williams Premier Realty · View on Broker Site

MLS# 1956146· Source: listhub· Updated 60 days ago

Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

157 W 3rd St, Winona, MN 55987

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