206 N Nokomis Street Alexandria, MN $ 1,112,000
206 N Nokomis Street
$ 1,112,000
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206 N Nokomis Street

Alexandria, MN, 56308
$ 1,112,000
Baths0.0 Sq 29,460

Monthly Estimate*

$ 7,768

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Studio

Commercial Property for sale in Alexandria, MN

for $1,112,000. This 29,460 square foot building was built in 1959.

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.

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Commercial Active

Price

$ 1,112,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 20,432

Style

Business,Retail,Warehouse

Year Built

1959

Town/City

Alexandria

County/Region

Douglas

MLS | Web ID

6323118

Features
General
Sewer City Sewer/Connected
Heating Forced Air Zoned
Cooling Central Air
Utilities Electric Common Electric Separate Heating Common Heating Separate Hot Water Common Hot Water Separate
Roof Age Over 8 Years Age 8 Years or Less Metal Pitched Rubber Tar/Gravel
Garage Spaces 10
Construction Materials Metal Siding Steel Siding
Year Built 1959
Topography Level
Levels Two
Property SubType Business Retail Warehouse
Tax Year 2023
Current Use Commercial Retail Warehouse
Accessibility None
Additional Parcels Description 630547000
County Douglas
Property Type Commercial Sale
Association Amenities Fire Sprinkler System
Contingency None
Subdivision Name Lakeside Add
Possible Use Office Professional Service Retail Warehouse Diversified
Directions From Broadway turn right on to 3rd Street. Turn left on Nokomis and property is on right hand side of road just over the bridge.
City Alexandria
Buyer Agent Compensation 2.25
High School District Alexandria
Zoning Description Business/Commercial
Total Units 4
Street Name Nokomis
Land Lease Y/N N
Tax Annual Amount 20432
Electric Expense 1500
Fuel Expense 5000
Trash Expense 4800
Additional Parcels Y/N Y
Virtual Tour https://video214.com/play/ADVWhCsgE99BirFPY752Ug/s/dark
Days on Market 455
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s) Ethernet Wired Intercom System Indoor Sprinklers Multiple Phone Lines Security Lights
Buyer Agent Compensation Type %
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Interior
Basement Daylight/Lookout Windows Finished
Basement (Y/N) Y
Street Suffix Street
Ceiling Height Varied Heights
Fuel Natural Gas
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Exterior
Parking Features Asphalt
Lot Features Corner Lot
Water Source City Water/Connected
Inclusions Building Land
Lot Size Area 0
Building Area Total 29460
Lot Dimensions 272 x 135
Foundation Area 29486
Road Frontage Type City Street Paved Streets Street Lights State Road Highway
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 206
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* Excluded Features
List By
Randy Fischer Real Estate, Inc

Broker

julie@randyfischerrealestate.com

Email

Affordability Calculator

$9,470
Per Month
82%
18%
0%
Monthly Principal & Interest
$7,768
Monthly Property Taxes
$1,703
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
708299 Elementary School
709223 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/12/2024$1,112,000 -0.45% Price Down
2/22/2024$1,117,000 -0.22% Price Down
11/27/2023$1,119,500 -13.22% Price Down
8/9/2023$1,290,000 -13.42% Price Down
5/24/2023$1,490,000 -6.58% Price Down
1/12/2023$1,595,000 Listed Price

Map


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206 N Nokomis Street, Alexandria, MN, 56308 is a Commercial Property for sale at $1,112,000 with 29,460 sqft. 206 N Nokomis Street is a studio with 0.0 baths and was built in 1959. The property's zip code is 56308 which is in Alexandria, MN