1005 W 5th St - Office FOR SALE


Winona, MN 55987
$415,000 USD
612-819-8285
1005 W 5th St, Winona, MN for Sale
$415,000 USD
Office - FOR SALE
1/23
null | Request Cap Rate

1005 W 5th St
Winona, MN 55987


HIGHLIGHTS

  • This property offers excellent investment potential or the opportunity for an owner-occupied business space.
  • Featuring a versatile commercial space, this property can accommodate a variety of business types and uses.
  • Situated in an exceptional location, this property provides numerous advantages, including visibility, accessibility, and convenience.
  • Recently upgraded and move-in ready, this space allows for immediate occupancy with minimal setup.
  • The upstairs features a 2-bedroom, 1-bath apartment that offers excellent income potential and can be easily modified to include a separate entrance.
  • The main level offers two offices, three treatment rooms/offices (one with a sink), a welcoming reception area with a front desk and in-floor heating.

OVERVIEW

Explore the potential of this adaptable property, perfect for both business use and rental income opportunities. The main level is designed for professional use, featuring two offices, three treatment rooms/offices (one with a sink), a welcoming reception area/front desk, and in-floor heating for added comfort. Upstairs, a 2-bedroom, 1-bath apartment provides excellent income potential and can be easily demised for a separate entrance. The property boasts newer vinyl windows, a central AC, furnace, and water softener (2017), plus a brand-new water heater (2025). Updated electrical (2017) ensures modern efficiency. Outside, enjoy a newer double garage, along with newer driveway and walkways for added convenience. This strategic location combines the charm of a historic city with the practical benefits of accessibility and community resources, making it an ideal setting for your business Don't miss this unique opportunity to own a well-maintained space with flexible use options in a prime location!

FOR SALE DETAILS

PRICE

$415,000 USD

PRICE/SF

$228 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1005 W 5th St, Winona

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

32.320.2570

ASK ABOUT THIS PROPERTY

Scott NaaszKW CommercialMore Info
612-819-8285

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Scott NaaszKW CommercialMore Info
612-819-8285

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.