613 Broadway Street Alexandria, MN $ 700,000
613 Broadway Street
$ 700,000
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613 Broadway Street

Alexandria, MN, 56308
$ 700,000
Baths0.0 Sq 7,338

Monthly Estimate*

$ 4,890

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Studio

Commercial Property for sale in Alexandria, MN

for $700,000. This 7,338 square foot building was built in 1972 on a lot size of 0.2.

Here is your opportunity to own a successful & turnkey local restaurant space downtown historic Alexandria! La Ferme has been proudly serving fresh, seasonal, local farm to fork ingredients for over 10 years. Many lasting relationships have been built with local farmers, suppliers, and diners. The roomy dining area has flexible space, and two private dining rooms. The lower level has it's own kitchen and could be used for larger banquet events, or an opportunity for an income stream as a rental with its own separate streetside entrance. There is an established record of growth year over year. The list price includes the building, all dining area furniture and kitchen equipment. Your future starts here!

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Commercial Active

Price

$ 700,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,202

Style

Lot Size

0.2

Year Built

1972

Town/City

Alexandria

County/Region

Douglas

MLS | Web ID

6435358

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Separate Heating Separate Hot Water Separate
Roof Age Over 8 Years Age 8 Years or Less Rubber
Garage Spaces 0
Construction Materials Brick/Stone
Year Built 1972
Levels One
Tax Year 2023
Current Use Restaurant
Accessibility Fully Wheelchair Grab Bars In Bathroom
County Douglas
Property Type Commercial Sale
Contingency None
Subdivision Name Original Alexandria
Directions Located on Broadway St/State Highway 29 In between 6th and 7th Ave E - across the street from the Andria Theatre and adjacent to Hedine Jewelry and Past & Present Home Gallery
City Alexandria
Buyer Agent Compensation 2.00
High School District Alexandria
Zoning Description Business/Commercial
Total Units 1
Street Name Broadway
Land Lease Y/N N
Tax Annual Amount 7202
Additional Parcels Y/N N
Days on Market 181
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s) Ethernet Wired Indoor Sprinklers Patio Security System Security Lights
Buyer Agent Compensation Type %
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Interior
Basement Block Finished Full Concrete
Basement (Y/N) Y
Street Suffix Street
Foundation Dimensions 71 x 56
Fuel Electric Natural Gas
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Exterior
Parking Features Guest Parking Off Site Parking Lot
Water Source City Water/Connected
Inclusions Building Business Fixture/Equipment
Lot Size Area 0.2
Building Area Total 7338
Lot Dimensions 151 X 55
Lot Size Units Acres
Foundation Area 3494
Road Frontage Type City Street Curbs Paved Streets Sidewalks Street Lights State Road
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 613
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* Excluded Features
List By
Alo Realty Advisors

Broker

amy@aloramn.com

Email

Affordability Calculator

$5,490
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,890
Monthly Property Taxes
$600
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
2/1/2024$700,000 -9.68% Price Down
10/2/2023$775,000 Listed Price

Map


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613 Broadway Street, Alexandria, MN, 56308 is a Commercial Property for sale at $700,000 with 7,338 sqft and a lot size of 0.2. 613 Broadway Street is a studio with 0.0 baths and was built in 1972. The property's zip code is 56308 which is in Alexandria, MN