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$1,800,000
Est. payment /mo
0.75 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID 7045605
Year Built 2012
Annual Tax Amount $38,874
Tax Year 2025
Contingent Inspection
Lot Size 0.754 Acres
Lot Dimensions 198x165x198x170
Property Description
This fully leased retail property presents a solid investment opportunity in one of Winona's main retail corridors. Located within the Menards and Walmart Supercenter development along Frontenac Drive, the property benefits from strong visibility, consistent traffic, and surrounding national retailers including Walmart, Menards, and Target. The building was constructed for efficient retail or restaurant use, with potential for a drive-thru, and is well positioned within the development with ample parking and easy access. The property is fully leased under a Triple Net (NNN) structure, offering a passive investment with minimal landlord responsibilities and predictable cash flow. Built-in rent increases provide additional income growth over the term of the current leases. Winona draws from a broad regional base, supported by local colleges, healthcare, and a diverse employment mix, which helps drive steady traffic to the area. Overall, this is a straightforward, well-located asset with strong fundamentals and long-term stability.
Location
State MN
County Winona
Zoning Business/Commercial
Interior
Heating Forced Air
Inclusions Building
Fireplace No
Exterior
Parking Features Parking Lot
Utilities Available Electric Separate, Heating Separate, Hot Water Separate
Present Use Commercial
Building
Foundation 6600
Sewer City Sewer/Connected
Water City Water/Connected
New Construction false
Schools
School District Winona Area Public Schools
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Listed by Matthew Gove • Realty Growth Inc.
Nearby School & Business
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Micah Digatono
Founder | Principal | License ID: 40408252
Founder | Principal License ID: 40408252