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Established Downtown Retail Business
New
For Sale
$339,900

51 E 3rd Street, Winona, MN 55987

The sale covers the operating business and inventory, with the current owner available to assist during the handoff.

Property SizeContact for details
Days on Market7

Property Features for 51 E 3rd Street

General Information

Standard status Active
Property subtype Commercial
Zoning Business/Commercial

Taxes and HOA fees

Annual Taxes $58,986

Building Details

Year Built 1881
Units 22
Listing Agency: Elcor Realty of Rochester Inc.
Listed By: Geary J. O'reilly
Source: Getyoumoved
Added: Oct 19 Changed: Oct 23 Last Checked: Oct 23 at 2:25PM

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 Elcor Realty of Rochester Inc.

Rey
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Investment Insights

Based on property information with market context.

This offering is for the retail business only; the real estate and building are excluded. Operating for 43 years, the store carries an assortment that includes clothing and accessories, greeting cards, cookware, artwork, school supplies, toys, craft materials, food mixes, memorabilia, gifts, hats, and seasonal décor. The current owner is willing to help the next operator transition and share knowledge of the merchandise, customers, and daily operations.

The business is located at 51 E 3rd Street in downtown Winona, Minnesota. Its merchandise range spans apparel, household goods, creative supplies, and gift items.

Key Highlights

  • Business sale only; real estate and building are not included
  • Retail operation with 43 years of history
  • Inventory includes apparel, greeting cards, cookware, artwork, toys, crafts, food mixes, gifts, and seasonal merchandise

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Auto Parts Store Grocery & Convenience Store Kitchen & Bath Showroom Parking Lot & Garage Storage Facility

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

Location Intelligence

Trade Area within ½ mile

1,098
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 - The sale covers the operating business and inventory, with the current owner available to assist during the handoff.
Where is this retail space located?
The property is located at 51 E 3rd Street Winona, MN.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: Business sale only; real estate and building are not included; Retail operation with 43 years of history; Inventory includes apparel, greeting cards, cookware, artwork, toys, crafts, food mixes, gifts, and seasonal merchandise
More about this property
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