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Executive Summary

Constructed with natural stone, the building combines durability with striking visual character, highlighted by clean lines, geometric elements, and timeless design. Beyond its current office configuration, this property presents a unique opportunity for investors and developers. With its substantial square footage, flexible floor plan, and multiple existing office spaces, the building may offer excellent potential for conversion into apartments, mixed-use housing, or live-work spaces, subject to zoning and city approvals. The abundance of private rooms, existing restroom facilities, and solid mid-century construction create an attractive foundation for redevelopment while preserving the building's distinctive architectural appeal. Whether you're seeking a signature office headquarters, an investment property, or a redevelopment opportunity, this one-of-a-kind building offers endless possibilities in a timeless package.

Property Facts

Sale Type
Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
8,796 SF
Building Class
C
Year Built
1959
Price
$474,000
Price Per SF
$53.89
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,398 SF
Building FAR
0.52
Lot Size
0.39 AC
Opportunity Zone
Yes
Zoning
Residential - Residential-Multi-Family, Residential-Single Family
Parking
22 Spaces (2.5 Spaces per 1,000 SF Leased)

Amenities

  • Central Heating
  • Air Conditioning
  • Smoke Detector
Fairly walkable
50/100
Moderately drivable
70/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
32.455.0280
Land Assessment
$122,300
Improvements Assessment
$605,900
Total Assessment
$728,200
  • Listing ID: 40741804

  • Date on Market: 4/11/2025

  • Last Updated:

  • Address: 176 8th St, Winona, MN 55987

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