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    121 Main Ave Winsted, MN 55395

    • Commercial real estate
    • 2,100 SF
    For Sale
    View listing
    $375,000
    Value Estimation
    Location Intelligence
    Property ID
    US46-2468809
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • CENTURY 21 Atwood / Real Estate Agency
    • Jeff Campbell, CENTURY 21 Atwood / Real Estate Agency

    Property Details for 121 Main Ave

    Year built
    1900
    Property size
    2,100 SF
    Property type
    Commercial real estate
    APN
    21.075.0130
    APU
    210750130

    Description

    This exceptional 4,224 square foot low-rise commercial building presents a rare opportunity in Winsted, Minnesota. Located at 121 Main Avenue W, this meticulously maintained vintage property boasts a proven track record of strong rental income. The building's current configuration offers ample space for various commercial uses, and its impeccable condition minimizes immediate capital expenditure needs. A significant advantage lies in the unfinished lower level, providing substantial potential for expansion. This area is ready for immediate development into additional office space, storage facilities, or even a residential apartment, depending on the buyer's needs. Detailed plans for a building addition are available, offering a clear pathway for future growth and increased revenue generation. The property sits on a conveniently sized 0.23-acre lot, providing sufficient space for both the existing building and any planned expansion. Priced competitively at $375,000, this property represents an outstanding investment opportunity for savvy commercial investors seeking a well-maintained, income-producing asset with significant upside potential. The combination of its prime location, strong rental history, and expansion possibilities makes this a truly unique offering in the Winsted market. Don't miss this chance to acquire a piece of Winsted's commercial history with a bright future.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Winsted
    County
    Mcleod
    State
    Minnesota
    Longitude
    -94.0466
    Latitude
    44.9639
    CBSA code
    26780
    CBSA name
    HUTCHINSON, MN MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2019
    $2,428
    $29,400
    $123,700
    $153,100
    -
    $29,400
    $123,700
    $153,100

    Comparable in this City

    • Value Estimation by Request

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      COMMERCIAL (GENERAL) • 1.83 Acres
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    • Value Estimation by Request
      0.66 Acres

      220 Main W Ave

      COMMERCIAL (GENERAL) • 0.66 Acres
      220 Main W Ave, Winsted, MN 55395-7874
      View Details
    • Value Estimation
      $345,000
      6,650 SF

      311 1st N St

      COMMERCIAL (GENERAL) • 6,650 SF
      311 1st N St, Winsted, MN 55395-7704
      View Details
    • Value Estimation
      $270,000
      5,778 SF

      151 2nd S St

      COMMERCIAL (GENERAL) • 5,778 SF
      151 2nd S St, Winsted, MN 55395-7740
      View Details
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    121 Main Ave
    Winsted, MN 55395
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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