602 3 St Stockton, MN 55987
- Commercial real estate
- 512 SF
- 0.08 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 602 3 St
- Year built
- 1949
- Lot size
- 0.08 lot acres
- Property size
- 512 SF
- Property type
- Commercial real estate
- APN
- 32.200.0640
- APU
- 322000640
Description
This exceptional opportunity presents the chance to acquire a thriving, established business in the heart of Winona, Minnesota. The property at 602 3rd STREET E encompasses a 512 square foot building situated on a 0.16-acre lot. Included in the sale is the renowned Penguin Zesto East and West, a beloved non-franchise ice cream parlor operating successfully since 1949. This turnkey operation offers a complete package, transferring all name rights, existing furnishings, current inventory, the building itself, and the land. The sale also includes valuable assets to facilitate business operations: a custom-built scooter with a trailer, and a 2001 Ford Explorer, fully wrapped with the Penguin Zesto logo. This presents a unique chance to step into a ready-made business with an established customer base and strong brand recognition within the Winona community. The asking price for this historic and profitable business is $749,900. This is a rare opportunity to own and operate a piece of Winona's history, continuing a legacy of delicious treats and community connection. The property is ready for a new owner to continue its success and build upon its rich history. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Winona
- County
- Winona
- State
- Minnesota
- Longitude
- -91.6216
- Latitude
- 44.0484
- CBSA code
- 49100
- CBSA name
- WINONA, MN MICROPOLITAN STATISTICAL AREA