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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.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Condition
Ground Lease (Leasehold)
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 | Total Assessment | $254,900 |
| Land Assessment | $122,200 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $132,700 | Tax Year | 2025 |
Property Taxes
Parcel Number
21.075.0130
Land Assessment
$122,200
Improvements Assessment
$132,700
Total Assessment
$254,900
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Photos
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Map
Contact the Sale Advisor
111-121 Main Ave W