1005 W 5th Street, Winona, MN 55987

$397,000

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Sold Price
$397,000
List Price
$410,000

Property Description

Versatile Commercial & Residential Opportunity in Prime Location Unlock the potential of this beautifully maintained, multi-use property—perfect for business owners, investors, or anyone seeking rental income. The main level is thoughtfully designed for professional use, offering two offices, three additional treatment rooms/offices (one with a sink), a welcoming reception area with front desk, and cozy in-floor heating for year-round comfort. Upstairs, you'll find a bright and spacious 2-bedroom, 1-bath apartment—ideal for generating rental income or accommodating staff. With the option to create a separate entrance, this space adds even more flexibility to the property’s use. Recent updates ensure peace of mind, including newer vinyl windows, central air conditioning, furnace, and water softener (2017), plus a brand-new water heater (2025). The electrical system was also modernized in 2017. Outside, enjoy a newer double garage, refreshed driveway, and updated walkways for added convenience and curb appeal. Situated in a highly accessible area that blends historic charm with modern amenities, this property is a rare find—offering exceptional functionality and investment value. Whether you're expanding your business or building your portfolio, this opportunity is not to be missed!

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Listing courtesy of Richard L. Jacobson Real Estate.

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