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    177 Walnut St Winona, MN 55987

    For Sale
    $599,000

    Commercial - Winona, MN

    Lot size:
    0.19 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 177 Walnut St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial
    APN
    320002080
    Parking features
    Garage, Garage - Attached, Heated, Parking Lot
    Exterior features
    Block
    Lot size
    0.19 Acres

    Utilities

    Heating system
    Hot Water (Heating)

    Building Details

    Year built
    1935
    Building materials
    Block
    Architectural style
    Other

    Keller Williams Premier Realty Rochester (507) 424-4422 [email protected]

    Listing agent Cherie Burke (507) 424-4422

    Listing date Nov 19, 2025

    MLS# 6819828 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Winona Commercial Opportunity

    This unique commercial property is located in the heart of downtown Winona. The property is currently configured as a service station, featuring 5 garage stalls and on-site parking. The property's zoning is Business/Commercial. The lot size is 0.19 acres. Repurposing the existing structure is a potential option, similar to how many old gas stations are being converted into cafes and restaurants while preserving their vintage architecture. The location offers endless possibilities for redevelopment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gas stations

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Winona
    County
    Winona
    State
    Minnesota
    Longitude
    -91.634452
    Latitude
    44.050999

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    FAQs

    What type of property is this?
    Gas station - Rare commercial property in downtown Winona with redevelopment potential.
    Where is this gas station located?
    The property is located at 177 Walnut St Winona, MN.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Rare and unique property in downtown Winona; - Repurposing potential for a cafe, restaurant, or other business; - Vintage architecture from its former life as a gas station
    (507) 424-4422
    Request Owner's contact information
    177 Walnut St Winona, MN 55987
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    177 Walnut St Winona, MN 55987
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