UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Original Alexandria
MLS Listing ID 7133023
Year Built 1950
Annual Tax Amount $8,208
Tax Year 2026
Contingent None
Lot Size 0.400 Acres
Lot Dimensions 270' x 135'
Property Description
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 in the first building so, 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. Finish the second parcel while you have income coming in from the other. This building has been completed gutted, and asbestos removed from floors and ceilings. Skys the limit on this one.
See sister parcel, MLS number 7130446 & 7130425also available for purchase to expand the business.
Location
State MN
County Douglas
Zoning Business/Commercial
Rooms
Basement Full, Storage Space
Interior
Heating Forced Air
Cooling Central Air
Flooring See Remarks
Inclusions Building, Land
Fireplace No
Exterior
Parking Features Parking Lot
Garage Spaces 5.0
Utilities Available Electric Separate
Roof Type Concrete,Rubber
Present Use Commercial,Office,Professional Service
Building
Lot Description Corner Lot
Story One
Foundation 9625
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One
Structure Type Concrete
New Construction false
Schools
School District Alexandria
Nearby Locations
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