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111-121 Main Ave W 2,100 SF 100% Leased Retail Building Winsted, MN 55395 $295,000 ($140.48/SF)
Executive Summary
Great opportunity in downtown Winsted with this mixed-use building offering 2 upper-level apartments and 3 street level commercial units all with private parking. This property's downtown location next to Winsted Lake has contributed to its consistent rental history. The basement is unfinished and offers 2 separate entrances that can be finished as 2 more units.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,100 SF
Building Class
C
Year Built/Renovated
1920/2011
Price
$295,000
Price Per SF
$140.48
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.19
Lot Size
0.25 AC
Zoning
Commercial/Residential
Frontage
Amenities
- Storage Space
Fairly walkable
50/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 21.075.0130 | Improvements Assessment | $132,700 |
| Land Assessment | $122,200 | Total Assessment | $254,900 |
Property Taxes
Parcel Number
21.075.0130
Land Assessment
$122,200
Improvements Assessment
$132,700
Total Assessment
$254,900
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111-121 Main Ave W