51 E 3rd Street Winona, MN $ 339,900
51 E 3rd Street
$ 339,900
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51 E 3rd Street

Winona, MN, 55987
$ 339,900
Bedrooms-- Baths--

Monthly Estimate*

$ 2,348

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Commercial Property for sale in Winona, MN

for $339,900. This building was built in 1881 on a lot size of 0.514004.

BUSINESS-ONLY SALE; real property/building is not included is sale. Hearts Desire - A Winona Icon Ready for New Ownership. Hearts Desire is a beloved Winona business with 43 years of history, now offered for sale as a turnkey opportunity. A true Winona icon, the store has built a loyal customer base and offers an eclectic mix of merchandise that gives it a unique personality and broad appeal. Located in central downtown Winona, Hearts Desire is a memorable stop for both locals and visitors, including cruise passengers traveling along the Mississippi River. The store features a wide variety of inventory, including: * Clothing and accessories * Greeting cards * Pots and pans * Paintings and artwork * School supplies * Toys * Soups and dips in many varieties * Crafts and craft supplies * Memorabilia and unique gift items * Hats and caps for all ages * Seasonal decorations and more! Winona is a beautiful, vibrant community with two four-year universities and a vocational college, providing a diverse population of students, families, professionals, and visitors. The city's downtown location and Mississippi River setting offer numerous opportunities for continued growth and community engagement. The current owner is willing to stay on and assist the new owner with the transition, providing valuable knowledge of the business, inventory, customers, and day-to-day operations. After 43 years, Hearts Desire is ready for its next chapter. This is an opportunity to take over an established, well-known downtown business and continue its legacy in the Winona community.

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Commercial Active

Price

$ 339,900

Property Type

Commercial

Taxes

$ 58,986

Style

Lot Size

0.514004

Year Built

1881

Town/City

Winona

County/Region

Winona

MLS | Web ID

7148746

Features
General
Sewer City Sewer - In Street
Heating Forced Air
Cooling Central Air
Utilities Electric Separate
Appliances None
Garage Spaces 0
Year Built 1881
Levels Three Or More
Tax Year 2026
Current Use Retail
Accessibility Accessible Elevator Installed Fully Wheelchair Grab Bars In Bathroom
County Winona
New Construction N
Property Type Commercial Sale
Contingency None
Directions Main St N to 3rd St Take a Right building on Right
City Winona
High School District Winona Area Public Schools
Zoning Description Business/Commercial
Number Of Units Total 22
Lot Size Units Square Feet
Land Lease Y/N N
Tax Annual Amount 58986
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Block
Basement (Y/N) Y
Ceiling Height 11-15
Fuel Natural Gas
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Exterior
Parking Features On-Street Parking Only
Water Source City Water/Connected
Inclusions Business Inventory
Lot Size Area 22390
Lot Dimensions unknown
Waterfront Y/N N
Foundation Area 22400
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Internal Only
Street Number 1 51
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* Excluded Features
List By
Elcor Realty Of Rochester Inc.

Broker

gearyoreilly@elcorrealty.com

Email

Affordability Calculator

$7,263
Per Month
32%
68%
0%
Monthly Principal & Interest
$2,348
Monthly Property Taxes
$4,916
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2321164 Elementary School
2321165 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/23/2026$339,900 Listed Price

Map


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51 E 3rd Street, Winona, MN, 55987 is a Commercial Property for sale at $339,900 with a lot size of 0.514004. 51 E 3rd Street was built in 1881. The property's zip code is 55987 which is in Winona, MN