Home Call Us About Login
Map Search Area Search MLS#/Addr Featured New Const. Local Info
My Account Buying Selling Title Mortgage Inspections

For Sale:  Alexandria MLS# 7130425

My notes for this property


Add listing to my favorites (required)
Active NEW!
$550,000
/mo Edit
Commercial:  1 Story
Built 1950
0.206 acres
Alexandria schools
MLS# 7130425
763-576-8286
My rating:
Favorite
Ask Question
Request a Showing  
Agent
Ask the Agent℠

Ask the Agent℠

    Property inquiries submitted online are continually monitored to provide the best possible service.

    Terms & Conditions






    Thank You!

    An agent will be in contact with you soon to answer your question.

    Property Description

    Downtown Commercial Investment Opportunity!! Nearly 10, 000 square feet of commercial space in a prime location just off Broadway, Downtown! This property offers an excellent opportunity for investors or entrepreneurs looking for a versatile building with immediate rental income and endless possibilities. Four office spaces are currently leased, providing instant revenue from day one. With four bathrooms and two showers as well. Even better, the major renovation has already been completed, including updated electrical, plumbing, ceilings, flooring, drywall, a brand-new water heater and water softener, and a new sewer line ran. The heavy lifting is done! Bring your business ideas and make the space your own without the hassle or expense of a major remodel. Whether you're looking to expand your investment portfolio, start a new business, or create a combination of office and commercial space, this property offers the flexibility and location to make it happen. See sister parcel, MLS number 7130446 also available for purchase to expand the business.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $550,000
    Property Type: Commercial
    City: Alexandria
    Garage Spaces: 5
    County: Douglas
    Year Built: 1950
    State: MN
    Property Style: 1 Story
    Zip Code: 56308
    Subdivision Name: Original Alexandria

    Interior

    Basement Details:
    • Partial
    • Storage Space

    Exterior

    Stories: One
    Garage Spaces: 5
    Air Conditioning: Central Air
    Foundation Size: 9,625 ft2
    Foundation Dimensions: 128' x 75'
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: Parking Lot
    Road Frontage: City Street
    Exterior Material: Concrete
    Roof Details:
    • Concrete
    • Rubber

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.206
    Geolocation: 45.884272, -95.378798
    Inclusions: Building, Land
    Lot Dimensions: 150' x 60'
    Zoning: Business/Commercial
    Lot Description: Corner Lot

    Farm

    Topography: Level

    Schools

    School District: 206
    District Phone: 3207622141

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $4,260
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,260

    Units

    Total Units: 5

    Miscellaneous

    Current Use:
    • Commercial
    • Office
    • Professional Service
    Fuel System: Electric
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities: Electric 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

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

    Apply Online     Contact Eric     Subscribe to My Newsletter    

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