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Active
$1,100,000
/mo Edit
Commercial:  Office,Other,Retail
Built 1946
0.62 acres
Alexandria schools
MLS# 6632591
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    Property Description

    Finally, prime real estate can be yours in Downtown Alexandria with ample parking and a nearly 10, 000 sq ft updated building! Situated on a prominent corner of Broadway Street, this property enjoys maximum exposure to high volumes of foot and vehicular traffic. Current layout and use includes one portion being rented out to an operating business, the 2nd area set up as a banquet room, the third space for catering/kitchen prep and the 4th area is heated shop/warehouse space. With endless opportunities, this building could be perfect for retail, office, health care, restaurant or mixed-use development. Recent updates include: new HVAC systems, parking lot, fenced in parking area, lighting, flooring, walls, electrical, plumbing, fire suppression system and more! Don't miss this rare opportunity to own a prime piece of Alexandria's commercial real estate landscape. Whether you are ready to take your business to the next level and make that move to thriving downtown or are just wanting to invest in premium real estate, this property is not going to be around long!! Ask about lease options as well.

    Listing

    Contingency: None
    City: Alexandria
    County: Douglas
    State: MN
    Property Style: Office, Other, Retail
    Zip Code: 56308
    Subdivision Name: Hicks 1st Add

    Interior

    Appliances Included:
    • Electric Water Heater
    • Other
    • Stainless Steel Appliances
    • Water Filtration System
    • Water Softener Owned
    Basement Details: Partial

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Dimensions: 63X35
    Other Parking Spaces: 50
    Air Conditioning: Central Air
    Foundation Size: 9,927 ft2
    Foundation Dimensions: 168X68
    Handicap Accessible: Fully Wheelchair, No Stairs External, No Stairs Internal
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Attached Garage
    • Open
    • Paved
    Road Frontage:
    • City Street
    • Paved Streets
    Exterior Material:
    • Steel Siding
    • Stucco
    Roof Details: Rubber

    Lot & Land

    Acres: 0.62
    Geolocation: 45.878612, -95.377245
    Inclusions: Building, Land
    Lot Dimensions: 180X150
    Zoning: Business/Commercial
    Lot Description: Corner Lot

    Schools

    School District: 206
    District Phone: 320-762-2141

    Expenses

    Tenant Expenses: Electricity, Gas

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $14,686
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $14,686

    Units

    Total Units: 2

    Miscellaneous

    Current Use:
    • Office
    • Professional Service
    • Restaurant
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    Water System: City Water/Connected

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    Payment:  /mo

    Listing provided by RMLS, courtesy of Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.