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Active NEW!
$4,800,000
/mo Edit
Commercial:  Other
Built 1890
0.771 acres
MLS# 7046317
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    Property 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!

    Listing

    Contingency: None
    City: Winona
    County: Winona
    State: MN
    Property Style: Other
    Zip Code: 55987

    Exterior

    Garage Spaces: 11
    Garage Size: 3,000 ft2
    Foundation Size: 14,774 ft2
    Handicap Accessible: Doors 36"+, Fully Wheelchair, Grab Bars In Bathroom
    Heating System: Boiler
    Parking Features:
    • Detached Garage
    • Parking Lot
    • Paved Lot

    Lot & Land

    Acres: 0.771
    Geolocation: 44.052961, -91.639689
    Inclusions: Building, Fixture/Equipment, Leases
    Lot Dimensions: 120 x 140
    Zoning: Business/Commercial

    Schools

    School District: 2306
    District Phone: 5074940861

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $47,760
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $47,760

    Units

    Total Units: 58

    Miscellaneous

    Current Use:
    • Commercial
    • Residential
    • Retail
    Fuel System: Natural Gas
    Sewer System: City Sewer - In Street
    Available Utilities: Electric Separate
    Water System: City Water - In Street

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Keller Williams Premier Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.