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Active
$988,000
/mo Edit
Commercial:  Business,Retail,Warehouse
Built 1959
Alexandria schools
MLS# 6323118
My rating:
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    Property Description

    Location, Location, Location! They will definitely see your business here! This location is one of the gateways to the lakes and all points north! Expand your current business or create a multi-tenant location! High visibility. Traffic counts from the 2018 are 18, 400. Hwy 29 aka Nokomis and 3rd Ave are one of the busiest corners in the area. Price includes the land and the buildings. Well maintained buildings offering over a cumulative of nearly 30, 000 fsf +/- including multi-level showrooms, loading docks, ground level loading doors and a 7000 sqft warehouse with spray foam insulation, 22' ceilings and fire suppression. Centrally located in Alexandria and a landmark location for years on Nokomis. Relocate or revamp for multiple businesses. Priced at$38.00 per square foot. You could not touch this size building new for that. Additional lot & 4000 sq ft cold storage may be additional option. Do you have a vision? Call to learn more about this opportunity. Seller Finance an option.

    Listing

    Contingency: None
    City: Alexandria
    County: Douglas
    State: MN
    Property Style: Business, Retail, Warehouse
    Zip Code: 56308
    Subdivision Name: Lakeside Add

    Interior

    Ceiling Height: Varied Heights
    Basement Details:
    • Daylight/Lookout Windows
    • Finished

    Exterior

    Stories: Two
    Garage Spaces: 10
    Other Parking Spaces: 20
    Air Conditioning: Central Air
    Foundation Size: 29,486 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Forced Air
    • Zoned
    Parking Features: Asphalt
    Shared Amenities: Fire Sprinkler System
    Unit Amenities:
    • Ceiling Fan(s)
    • Ethernet Wired
    • Indoor Sprinklers
    • Intercom System
    • Multiple Phone Lines
    • Security Lights
    Road Frontage:
    • City Street
    • Highway
    • Paved Streets
    • State Road
    • Street Lights
    Exterior Material:
    • Metal Siding
    • Steel Siding
    Roof Details:
    • Age 8 Years or Less
    • Age Over 8 Years
    • Metal
    • Pitched
    • Rubber
    • Tar/Gravel

    Lot & Land

    Geolocation: 45.8924482724, -95.3661776651
    Inclusions: Building, Land
    Lot Dimensions: 272 x 135
    Addl Parcels: 630547000
    Zoning: Business/Commercial
    Lot Description: Corner Lot

    Farm

    Topography: Level

    Schools

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

    Expenses

    Annual Electric Expense: $1,500
    Annual Fuel Expense: $5,000
    Annual Trash Expense: $4,800

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $20,432
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $20,432

    Units

    Total Units: 4

    Miscellaneous

    Current Use:
    • Commercial
    • Retail
    • Warehouse
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Electric Separate
    • Heating Common
    • Heating Separate
    • Hot Water Common
    • Hot Water Separate
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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