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    Property profile & analytics

    79 2Nd St Winona, MN 55987

    • Investment properties
    • 3,200 SF
    • 0.15 lot acres
    For Sale
    View listing
    $719,000
    Value Estimation
    Location Intelligence
    Property ID
    US46-1374893
    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

    • Investment properties

    Property Details for 79 2Nd St

    Year built
    1900
    Lot size
    0.15 lot acres
    Property size
    3,200 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    32.000.0900
    APU
    320000900

    Description

    This exceptional commercial property presents a rare opportunity to acquire a piece of Winona's rich history. Located in the heart of downtown Winona, Minnesota, at 79 2nd Street East, this offering encompasses two attached buildings totaling 10,800 square feet on a 0.13-acre lot. The property's history is deeply rooted in the community, having once served as the home of the renowned Winona Candy Company. The main warehouse building boasts substantial main floor retail space, complemented by three additional open upper floors brimming with redevelopment potential. These expansive upper levels offer a blank canvas for creative vision, whether for additional retail, office space, or residential conversion. The building facing 3rd Street currently features ground-floor retail space, enhanced by two apartments situated above, providing immediate income potential or the option for owner-occupancy. The combined buildings offer a unique blend of established commercial space and significant upside potential, making this an ideal investment for entrepreneurs and developers seeking a prominent location in a thriving downtown area. The asking price for this remarkable property is $719,000. This is a truly exceptional opportunity to own a piece of Winona's legacy and shape its 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
    Winona
    County
    Winona
    State
    Minnesota
    Longitude
    -91.635
    Latitude
    44.0528
    CBSA code
    49100
    CBSA name
    WINONA, 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
    2023
    $2,738
    $48,000
    $167,600
    $215,600
    -
    $48,000
    $167,600
    $215,600

    Comparable in this City

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      7,552 SF

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      1,021 SF

      1441 Gilmore Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,021 SF
      1441 Gilmore Ave, Winona, MN 55987-2419
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      251 Mark St

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      251 Mark St, Winona, MN 55987-3841
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      18,834 SF

      109 4th St

      OFFICE/RESIDENTIAL (MIXED USE) • 18,834 SF
      109 4th St, Winona, MN 55987-3424
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      $400,000
      4,082 SF

      477 Wabasha St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,082 SF
      477 Wabasha St, Winona, MN 55987-5206
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    • Value Estimation
      $420,000
      1,505 SF

      1005 5th St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,505 SF
      1005 5th St, Winona, MN 55987-5126
      View Details

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    79 2Nd St
    Winona, MN 55987
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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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