For Sale: Winona MLS# 7045605
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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.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,800,000
Property Type:
Commercial
City:
Winona
Garage Spaces:
0
County:
Winona
Year Built:
2012
State:
MN
Property Style:
Other
Zip Code:
55987
Exterior
Garage Spaces:
0
Foundation Size:
6,600 ft2
Handicap Accessible:
No Stairs External, No Stairs Internal, Partially Wheelchair
Heating System:
Forced Air
Parking Features:
Parking Lot
Lot & Land
Acres:
0.754
Geolocation:
44.034628, -91.616162
Inclusions:
Building
Lot Dimensions:
198 x 165 x 198 x 170
Zoning:
Business/Commercial
Schools
School District:
2306
District Phone:
5074940861
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$38,874
Lender-owned:
Not Disclosed
Assessment Pending:
Unknown
Taxes w/ Assessments:
$38,902
Units
Total Units:
4
Miscellaneous
Current Use:
Commercial
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Realty Growth Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.