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Active NEW!
$395,000
/mo Edit
Single Family:  2 Stories
4 br • 2 ba • Built 1900
2,980 sqft • 1.04 acres
MLS# 7001988
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    Property Description

    Prime Location on N Nokomis! High visibility and steady traffic make this 1-acre property an exceptional opportunity for both commercial and residential use. Located in the desirable B-1 General Business district, it offers outstanding market presence and a wide range of permitted uses. Ideal for retail, professional services, or customer-facing businesses, this property also features a solid 4-bedroom, 2-story single-family residence—perfect for owner occupancy, rental income, or conversion into office space. With approximately 3, 000 sq. ft., the home is suitable for year-round use and includes over 1, 200 sq. ft. on the main level, featuring a kitchen, dining room with fireplace, living room, porch, entry/laundry room, and a main-floor bath. The upper level offers four bedrooms and an additional bath. Two detached outbuildings, each approximately 24' x 40', provide excellent options for garage space, storage, or expanded business operations. Whether you're looking to establish your business, generate rental income, or utilize both, this versatile property in a highly sought-after location is worth a serious look. Explore the potential today!

    Listing

    Contingency: None
    Price per sq ft: $133
    City: Alexandria
    County: Douglas
    State: MN
    Property Style: 2 Stories
    Zip Code: 56308
    Subdivision Name: Aud Sub

    Interior

    Living Area: 2,980 ft2
    Common Wall: No
    Appliances Included:
    • Dishwasher
    • Dryer
    • Electric Water Heater
    • Range
    • Refrigerator
    • Washer
    • Water Softener Owned
    Fireplace Details:
    • Family Room
    • Gas
    Basement Details:
    • Concrete
    • Partial
    • Storage Space
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 4
    Garage Dimensions: 40x24
    Garage Size: 970 ft2
    Garage Door Height: 7
    Garage Door Width: 9
    Air Conditioning: Central Air, Wall Unit(s)
    Foundation Size: 1,233 ft2
    Foundation Dimensions: 32x35x32x35
    Handicap Accessible: None
    Out Buildings: Garage(s)
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Detached Garage
    • Multiple Garages
    • Parking Lot
    • Paved Lot
    Unit Amenities:
    • Kitchen Window
    • Porch
    • Washer/Dryer Hookup
    Road Frontage:
    • City Street
    • Paved Streets
    Exterior Material: Frame
    Roof Details:
    • Asphalt
    • Pitched

    Rooms

    1/4 Baths: None
    Full Baths: 1
    Half Baths: 1
    3/4 Baths: None
    Bathroom Details:
    • Main Floor 1/2 Bath
    • Upper Level Full Bath
    Dining/Kitchen:
    • Eat In Kitchen
    • Separate/Formal Dining Room
    Laundry:
    • Electric Dryer Hookup
    • In Unit
    • Main Level
    • Washer Hookup
    Upper Level Size Sq Ft
    Bathroom  9 x 8  72 
    Bedroom  16 x 14  224 
    Bedroom 4  12 x 8  96 
    Bedroom 2  13 x 13  169 
    Bedroom 3  12 x 12  144 
    Main Level Size Sq Ft
    Bathroom  9 x 9  81 
    Den  16 x 9  144 
    Dining Room  16 x 14  224 
    Kitchen  17 x 14  238 
    Laundry  16 x 8  128 
    Living Room  24 x 16  384 
    Porch  25 x 10  250 

    Lot & Land

    Acres: 1.04
    Geolocation: 45.903143, -95.366606
    Lot Dimensions: 130 x 349 x 130 x 349
    Zoning:
    • Business/Commercial
    • Residential-Single Family
    Lot Description: Tree Coverage - Medium

    Schools

    School District: 1015
    District Phone: 3207622141

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $7,494
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $7,494
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: Drilled
    Power Company Name: Alexandria Light & Power

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Century 21 First Realty, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.