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U-Haul affiliate buys Winona Shopko for $2 25M - Winona Post > Article

U-Haul affiliate buys Winona Shopko for $2 25M - Winona Post > Article
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Shopko Lot Sold

(KWNO)- The former Shopko property in Winona has been sold for $2.25 million.  Winona County Recorder Bob Bambenek said the property was acquired by an Arizona-based real estate firm during an online auction. He says early indications are the west side property will be converted into a U-Haul location.   The big-box store closed in June of 2019 after filing for bankruptcy earlier that year.  

U-Haul buys Winona Shopko for $2 25M - Winona Post > Article

(3/5/2021)   The former Winona Shopko was just sold for $2.25 million and is slated to become a U-Haul rental and self-storage facility, U-Haul officials announced. A temporary showroom offering rentals will open on Monday, March 8, while the company aims to finish a bigger remodel by this summer. U-Haul’s parent company, AMERCO Real Estate, bought the nearly 85,000-square-foot former Shopko store for $2.25 million, according to state real estate transaction records. Winona County Recorder Bob Bambenek said the sale followed an online auction. The property was previously owned by a Michigan-based holding company. “Our plan is to create a full-service U-Haul retail and self-storage facility at 405 Cottonwood Drive,” U-Haul Company of Southern Minnesota President Chris Bohlman wrote in an email. “Our full-service stores often include an expansive, remodeled retail showroom; indoor climate-controlled self-storage units with high-tech security features; towing

Fastenal Buys Former Y Property

(KWNO)- Fastenal has purchased the former Winona Family YMCA lot for $950,000. The sale was announced on Monda.

Pandemic ups home-buying competition - Winona Post > Article

The coronavirus pandemic is blowing up the Winona home-buying market in a good way. In 2020, homebuyers in Winona County set a new record when they purchased a total of 717 homes, according to data from the county recorder’s office. Another record: 28 went for more than $400,000. Of those 28, six of them were sold in the last month, thus breaking yet another record.  “The total number of sales would be even higher if more homes were available for sale,” county recorder Bob Bambenek said in a report to the County Board on Tuesday.  The pandemic, having compelled people to stay inside their homes, is also compelling them to think more about their home and their dreams for it. In 2020 that combined with the practical trend of unusually low interest rates making it easier to take out a mortgage, Bambenek said in an interview Wednesday. New homes were constructed at a rate that was unprecedented in recent records, he said. Despite this, the market remains tight. If a seller h

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