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Two-Building Retail Property

1671 5th St W, Winona, MN 55987

For Lease
$449,900

Two separate structures provide open retail or workspace areas, with a kitchenette in one building and a private office in the other.

Space SizeContact for details
Property Size2,480 SF
Days on Market313

Property Features for 1671 5th St W

General Information

Standard status Active
Size 2,480 SF
Total Parking Spaces 4
Zoning Residential

Taxes and HOA fees

Annual Taxes $2,960

Amenities

kitchenette
bathroom
large open-concept space
private office
open retail/workspace layout

Building Details

Building Size 2,480 SF
Year Built 1954
Listing Agency: Coldwell Banker River Valley, REALTORS
Listed By: Angela Thompson · License MN #8401194
Source: Defererealestate
Added: Jan 2 Changed: Nov 7 Last Checked: Nov 9 at 2:58PM

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 Coldwell Banker River Valley, REALTORS

Rey
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Investment Insights

Based on property information with market context.

This 2,480-square-foot retail property comprises two separate buildings and was built in 1954. One structure has a large open area, kitchenette, and bathroom; it underwent a remodel about eight years ago. The second building combines an open retail or workspace layout with a private office and bathroom, and currently houses a quilt shop.

Off-street parking serves the property. The zoning is residential.

Key Highlights

  • Two separate retail buildings totaling 2,480 square feet
  • One building was remodeled approximately eight years ago and includes a kitchenette, bathroom, and open area
  • Second building has a private office, bathroom, and open retail/workspace layout

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Dental Office Skin Care Clinic HVAC Service (Bike/Boat/Book/etc) Store Barber Shop

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

315
Businesses Nearby

Demographics for 55987, MN

34,010
Population
15,312
Households
2.2
Avg Household Size
35
Median Age
35%
College-Educated
95%
High-School Grad
157.2 sq mi
ZIP Area
216
Density / Sq Mi
$62,171
Median Household Income
$30,978
Median Earnings
$856
Median Rent
$211,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Two separate structures provide open retail or workspace areas, with a kitchenette in one building and a private office in the other.
Where is this retail space located?
The property is located at 1671 5th St W Winona, MN.
What is the lease rate?
The lease rate is $449,900.
What are key features of this property?
This property features: Two separate retail buildings totaling 2,480 square feet; One building was remodeled approximately eight years ago and includes a kitchenette, bathroom, and open area; Second building has a private office, bathroom, and open retail/workspace layout
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