For Sale: Alexandria MLS# 6632591
Active
NEW!
$1,100,000
Commercial: Office,Other,Retail
Built 1946
0.21 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
Listing Status:
Active
Contingency:
None
List Price:
$1,100,000
Property Type:
Commercial
City:
Alexandria
Garage Spaces:
2
County:
Douglas
Year Built:
1946
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:
0.21
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
Mortgage Calculator
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| Year | Principal | Interest | P&I | Balance |
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.
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!
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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.