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Mixed-Use Building with Apartments
For Sale
$279,900

121 Main Ave W, Winsted, MN 55395

Two residences sit above three street-level commercial units with private parking and an unfinished basement.

Property Size6,300 SF
Price / SF$44.43
Days on Market77

Property Features for 121 Main Ave W

General Information

Standard status Active
Size 6,300 SF

Additional Details

Multifamily Units 2

Building Details

Year Built 1900
Buildings 1
Tenancy Multi
Listing Agency: CENTURY 21 Atwood
Listed By: Jeffrey R Campbell · License #NST502024682
Source: Chrisfritchteam
Added: Aug 2 Changed: Oct 3 Last Checked: Oct 7 at 1:13PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Atwood

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Investment Insights

Based on property information with market context.

This 6,300-square-foot mixed-use building, constructed in 1900, combines residential and commercial space within one property. The upper level contains two apartments, while the street frontage includes three commercial units. Private parking serves the building, supporting both components of the layout.

An unfinished basement provides two separate entrances and is identified as having the capacity to be finished into two additional units. The property is located at 121 Main Ave W in downtown Winsted, next to Winsted Lake, and has an established rental history.

Key Highlights

  • 6,300‑square‑foot mixed‑use building constructed in 1900
  • Two upper‑level apartments
  • Three street‑level commercial units

Property Analytics

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Current Use

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

Suggested Use

Top Pick Building Supply Pharmacy Law Firm Storage Facility Big Box & Wholesale Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

215
Businesses Nearby

Demographics for 55395, MN

2,849
Population
1,277
Households
2.2
Avg Household Size
43
Median Age
15%
College-Educated
92%
High-School Grad
23.9 sq mi
ZIP Area
119
Density / Sq Mi
$72,901
Median Household Income
$44,167
Median Earnings
$812
Median Rent
$229,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two residences sit above three street-level commercial units with private parking and an unfinished basement.
Where is this mixed-use property located?
The property is located at 121 Main Ave W Winsted, MN.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: 6,300‑square‑foot mixed‑use building constructed in 1900; Two upper‑level apartments; Three street‑level commercial units
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