Remarks

For your consideration is 165 E 3rd street, which is located inside a historic district in the growing downtown of Winona Minnesota. The project qualifies for state and federal tax credits of 40% of the cost, reimbursed over five years. The building has been demoed on the interior and is ready for your desired buildout. The building features a new membrane roof with four inches of insulation, 2 new skylights, new gutters and down spouts. Significant masonry work has already been done to shore up some foundational issues. Still needs some work. The downtown building also features a rare back courtyard that has been regraded and graveled for better water drainage. The courtyard could be used for parking or a large back patio area. There are four additional off-street parking spots in the rear. There are plans available that include 2 commercial spaces and 6 apartments, or you can bring your own vision and design to the project.(please note the aerial drone video under virtual tour)

Details

MLS#: 6766393
Price: $419,000

Year Built: 1875

County: Winona
Tax Fee: 3498.00