157 W 3rd St Winona, Minnesota 55987

$4,800,000
Active
58,774 Sq Ft  |  Other,Retail  |  MLS # 1956146
Active
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About The Listing

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 courtesy of Cherie Burke, Keller Williams Premier Realty
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Property Details

Features

 
 
 
Property Type: Commercial
Status: Active
Year Built: 1890
MLS #: 1956146
Stories: 4.0
Square Feet: 58,774
Price Per Square Foot: $82
Parking Description: 58.00
Basement: Full
Latest Update: 04/02/2026
List Date: 04/01/2026
Listing Agent ID: l96454
Listing Office: Keller Williams Premier Realty
Listing Office ID: 5969
Zoning: Commercial
Data Source: Metro MLS
Lot Size: 0.77 Acres
Tax Year: 2025
Estimated Taxes: $47,760
City: Winona
Zip: 55987
County: Winona
State: Minnesota
Listing last updated: 04/02/26

Copyright 2025 Metro Multiple Listing Service, Inc. - All Rights Reserved. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.