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Mixed-Use Property with 11 Spaces
For Sale
$695,000

272 E 3rd St, Winona, MN 55987

Downtown building combines residential, office, and retail uses with parking positioned behind the property.

Property Size11,264 SF
Price / SF$61.70
Days on Market41

Property Features for 272 E 3rd St

General Information

Standard status Active
Size 11,264 SF

Units

Multifamily Units 6
Office Units 4

Building Details

Year Built 1883
Listing Agency: Coffee House Real Estate LLC
Listed By: Mitchell Walch
Source: Searchhousesnow
Added: Jul 20 Changed: Aug 28 Last Checked: Aug 29 at 12:30PM

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 Coffee House Real Estate LLC

Investment Insights

Based on property information with market context.

Built in 1883, this 11,264-square-foot mixed-use property brings together six residential spaces, four office spaces, and one retail space within a single downtown building. Recent upgrades have been completed, adding to the property's existing configuration and varied occupancy potential.

The property is located at 272 E 3rd St in Winona, with parking available behind the building. Its setting near the river and within the downtown area places residential, office, and storefront functions in one centrally positioned asset.

Key Highlights

  • Six residential spaces within the mixed‑use building
  • Four office spaces provide dedicated commercial configuration
  • One retail space included in the property

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Storage Facility Locksmith

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

4
Office units
6
Residential units

Location Intelligence

Trade Area within ½ mile

1,000
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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Downtown building combines residential, office, and retail uses with parking positioned behind the property.
Where is this mixed-use property located?
The property is located at 272 E 3rd St Winona, MN.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Six residential spaces within the mixed‑use building; Four office spaces provide dedicated commercial configuration; One retail space included in the property
More about this property
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