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Historic Apartment Building with Campus Facilities
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457 Gould Street, Winona, MN 55987

Large former university residence with classrooms, offices, apartments, recreation areas, and food service facilities.

Property Size8,278 SF
Days on Market89

Property Features for 457 Gould Street

General Information

Standard status Active
Size 8,278 SF
Property subtype Multifamily

Additional Details

Multifamily Units 452
Listing Agency: CBRE - Minnesota
Listed By: Brian Pankratz
Source: Cbre
Added: Jun 2 Changed: Aug 29 Last Checked: Aug 29 at 2:54PM

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 CBRE - Minnesota

Investment Insights

Based on property information with market context.

Lourdes Hall is a historic former university residence in Winona, Minnesota, comprising approximately 217,000 square feet. The building contains 452 residential units along with apartments, office space, classrooms, recreation areas, and food service facilities. Its size and varied interior configuration support consideration for redevelopment or conversion.

The property is positioned in central Winona and is surrounded by educational facilities. Potential reuse categories identified for the site include multifamily residential, senior housing, educational, and recreational applications.

Key Highlights

  • Approximately 217,000‑square‑foot historic dormitory building
  • 452 residential units included within the property
  • Interior mix includes offices, classrooms, apartments, recreation areas, and food service facilities

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Electrical Service HVAC Service Building Supply (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

452
Residential units

Location Intelligence

Trade Area within ½ mile

491
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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Large former university residence with classrooms, offices, apartments, recreation areas, and food service facilities.
Where is this apartment building located?
The property is located at 457 Gould Street Winona, MN.
What are key features of this property?
This property features: Approximately 217,000‑square‑foot historic dormitory building; 452 residential units included within the property; Interior mix includes offices, classrooms, apartments, recreation areas, and food service facilities
More about this property
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