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Income - Commercial / Residential Lake View Property for Sale (Winsted, MN)
121 Main Ave. near 1st St.
condition:
good
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Located near Winsted Lake with lake and park view from east and west end apartments.
Off street parking on south side. Large lot.
Live in upper apartment with your store or business in lower units or rent out all. (Both Apartments recently Remodeled.
All units currently rented.
New roof in 2019.
Building Painted in 2020.
Decks stained & resealed in 2025.
Each Floor is about 2000 sq ft Three floors including the basement. Each Floor has two bathrooms - The commercial level bathrooms recently remodeled - Also there were two bathrooms in the basement.
Commercial units on street level both rented, two apartments upstairs one 3 bedroom 1 bath (about 1500 sq ft) Loft style apt.
and one, one bedroom one bath. (both rented)
Full basement with very high ceilings (9ft plus), for storage or whatever. Did have an apartment in the basement.
Potential for more income.
Building size is about 30 ' X 70 '
About 2000 square feet per floor, 3 floors include Basement - storage, Street Level 2 plus Commercial units both rented, Second Floor - 2 apartments (one 3 bedroom 1 bath and one, one bedroom one bath) (both Apt's are Rented)
Updated - Two NEW HEATING AND AIR-CONDITIONING Units
All spaces zoned with separate thermostats
Natural Gas ducted heating.
Electrical updated with circuit breakers.
Electric Meters separate per unit
Both apartments were remodeled, the large apartment was remodeled to period style, very nice.
Building is very well kept, clean with all mechanicals in excellent condition.
Great opportunity and Lots of potential, good income producer for the right investor.
Don't wait, this is the time to invest.
Possible owner financing.
Reasonable offers considered.
Realtors welcome, 3% with confirmed sale.
121 Main St. Winsted, MN