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121 Main Ave Winsted, MN 55395

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For Sale
$375,000

Vintage Building, High Rental History, Expansion Potential

Property size:
4,224 SF

Property Features for 121 Main Ave

General Information

Property type
Residential income properties
Square Feet
4,224 SF
Lot Size
10,019 SF

Building Details

Year Built
1900

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Listing Contact
Thomas Turner

Listing Agency: RE/MAX Results Listing Agent: Thomas Turner

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 4,224 square foot low-rise commercial building presents a rare opportunity in Winsted, Minnesota. Located at 121 Main Avenue W, this meticulously maintained vintage property boasts a proven track record of strong rental income. The building's current configuration offers ample space for various commercial uses, and its impeccable condition minimizes immediate capital expenditure needs. A significant advantage lies in the unfinished lower level, providing substantial potential for expansion. This area is ready for immediate development into additional office space, storage facilities, or even a residential apartment, depending on the buyer's needs. Detailed plans for a building addition are available, offering a clear pathway for future growth and increased revenue generation. The property sits on a conveniently sized 0.23-acre lot, providing sufficient space for both the existing building and any planned expansion. Priced competitively at $375,000, this property represents an outstanding investment opportunity for savvy commercial investors seeking a well-maintained, income-producing asset with significant upside potential. The combination of its prime location, strong rental history, and expansion possibilities makes this a truly unique offering in the Winsted market. Don't miss this chance to acquire a piece of Winsted's commercial history with a bright future.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

CENTURY 21 Atwood Real Estate Agency Jeff Campbell, CENTURY ... Real Estate Agency

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Winsted
County
McLeod
State
Minnesota
Longitude
-94.04665
Latitude
44.96398

FAQs

What type of property is this?
Residential income property - Vintage Building, High Rental History, Expansion Potential
Where is this residential income property located?
The property is located at 121 Main Ave Winsted, MN.
What is the asking price?
The asking price for this property is $375,000.
More about this property
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