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Investment Highlights

  • Excellent visibility!

Executive Summary

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.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,927 SF
Building Class
C
Year Built/Renovated
1946/2023
Price
$999,900
Price Per SF
$100.73
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
0.60 AC
Zoning
COMM
Parking
17 Spaces (1.71 Spaces per 1,000 SF Leased)
Frontage
187’ on Broadway Street
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

CrossFit
Bell Bank
U.S. Bank
Snap Fitness 24/7
Cub Foods
Bremmer Bank
  • Listing ID: 34134120

  • Date on Market: 12/9/2024

  • Last Updated:

  • Address: 1213 Broadway St, Alexandria, MN 56308

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