, Alexandria, MN 56308 (MLS# 7130425)

Alexandria, MN 56308

New Listing
$550,000
Property Type: Commercial Square Footage: 9,625 Lot Size (sq. ft.): 8,712 Status: Active
Current Price: $550,000 List Date: 8/21/2026 Last Modified: 8/21/2026

Overview

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 num ...

Listing Details MLS# 7130425

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
7
Owner Occupied
No
Waterfront YN
No
Year Built
1950
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
9625
Garage Stalls
5
For Sale or Lease
For Sale
Acres
0.2
Lot Dimensions
150' x 60'
Assessment Pending
No

Property Features

Accessible: None Air Conditioning: Central Air Basement: Partial; Storage Space CMU Style: Business Opportunity; Mixed Use; Office; Warehouse Construction Materials: Concrete Construction Status: Previously Owned Current Use: Commercial; Office; Professional Service Exterior: Block; Wood Flooring: Other/See Remarks Foundation: Poured Concrete Fuel: Electric Heating: Forced Air Internet Options: Cable Loan Terms: Cash; Conventional Location Description: Downtown Lock Box Type: Combo Lot Description: Corner Lot On Site Utilities: Electric Separate Parking Characteristics: Parking Lot Potential Use: Diversified; Income; Office; Professional; Retail; Warehouse Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Concrete; Rubber Sewer: City Sewer/Connected Stories: One Topography: Level Wall Description: Concrete/Block Water: City Water/Connected Window Features: Double Pane Windows

Contract Information

Exclusions
Leasees personal items
Contingency
None
ListPrice
550000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

Postal City
Alexandria
County
Douglas
State
MN
Zip Code
56308
Complex/Dev/Subdivision
Original Alexandria

Assessments

Tax With Assessments
4260
Assessment Balance
0

Basement

Foundation Dimensions
128' x 75'
Partial
Yes
Storage Space
Yes

More Information

Building Information

Building Finished SqFt
9625
Building SqFt
9625

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
37
Section#
19
Township#
128

Sale Options

Sale Includes
Building, Land

Unit Details

Total Units
5

Office/Member Info

Association
LCAR

Location, Tax and Other Information

Legal Description
SEC-19 TWP-128 RANG-37 LOT-004 BLK-060 ORIGINAL ALEXANDRIA
Listing City
Alexandria
Map Page
999
Municipality
Alexandria
School District
Alexandria
School District Phone
320-762-2141
Zip Plus 4
1705
Property ID Number
630965000
Tax Year
2026
Tax Amount
4260
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
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.
Directions
From Broadway turn right onto 7th Ave W. Take your first left onto Filmore St. Property on your left.

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Construction Materials

Concrete
Yes

Construction Status

Previously Owned
Yes

Exterior

Block
Yes
Wood
Yes

Flooring

Other/See Remarks
Yes

Foundation

Poured Concrete
Yes

Fuel

Electric
Yes

Heating

Forced Air
Yes

Internet Options

Cable
Yes

Lock Box Type

Combo
Yes

Lot Description

Corner Lot
Yes

Parking Characteristics

Parking Lot
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Concrete
Yes
Rubber
Yes

Sewer

City Sewer/Connected
Yes

Stories

One
Yes

Topography

Level
Yes

Wall Description

Concrete/Block
Yes

Water

City Water/Connected
Yes

Window Features

Double Pane Windows
Yes

On Site Utilities

Electric Separate
Yes

CMU Style

Business Opportunity
Yes
Mixed Use
Yes
Office
Yes
Warehouse
Yes

Current Use

Commercial
Yes
Office
Yes
Professional Service
Yes

Loan Terms

Cash
Yes
Conventional
Yes

Location Description

Downtown
Yes

Potential Use

Diversified
Yes
Income
Yes
Office
Yes
Professional
Yes
Retail
Yes
Warehouse
Yes
IDX
Listing Office: Jack Chivers Realty
Last Updated: August - 21 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.