1380 County Road 4 SE Alexandria, MN ^$ 545,000

1380 County Road 4 SE

^$ 545,000

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1380 County Road 4 SE

Alexandria, MN, 56308

^$ 545,000

Studio Baths0.0 Sq 9,400

Monthly Estimate*

^$ 3,622

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Studio

Commercial Property for sale in Alexandria, MN

for $545,000. This 9,400 square foot building was built in 1983 on a lot size of 1.61.

TURN-KEY property waiting for you!! Versatility for multiple income streams! Walk into this absolutely beautiful building that is fully operable as a restaurant, catering business, event venue, or re-purpose to bring your dreams to life! Could add residential unit in back where gas fireplace is or lease commercially to tenant. Updates include enlarged kitchen with prep area, multiple new appliance additions, updated electrical, additional lighting, and new security technology. See supplement detail for more info!

Commercial Active

Price

^$ 545,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 5,560

Style

Business

Lot Size

1.61

Year Built

1983

Town/City

Alexandria

County/Region

Douglas

MLS | Web ID

6474337

Features

General

Sewer City Sewer/Connected

Heating Baseboard Boiler Forced Air

Cooling Central Air

Utilities Electric Common Heating Common Hot Water Common

Roof Metal

Appliances Cooktop Dishwasher Exhaust Fan Freezer Microwave Range Refrigerator

Garage Spaces 0

Construction Materials Brick/Stone Steel Siding

Year Built 1983

Topography Level

Levels One

Property SubType Business

Tax Year 2024

Current Use Commercial Event Space Food Service Restaurant Bar/Tavern

Accessibility No Stairs Internal

County Douglas

Property Type Commercial Sale

Contingency None

Subdivision Name Soo Add

Possible Use Other Professional Service Restaurant Bar/Tavern

Directions From Hwy 29 drive east on Cty Rd 4 SE until you hit the property on the right hand side.

City Alexandria

Buyer Agent Compensation 2.25

High School District Alexandria

Zoning Description Business/Commercial

NumberOfUnitsTotal 1

Lot Size Units Acres

Street Name County Road 4

Land Lease Y/N N

Tax Annual Amount 5560

Additional Parcels Y/N N

Days on Market 117

Standard Status Active

Lender Owned No

Amenities Unit Hardwood Floors Natural Woodwork Security System Tile Floors Vaulted Ceiling(s)

Buyer Agent Compensation Type %

Exterior

Parking Features Asphalt Paved Unassigned

Water Source Well

Inclusions Building Fixture/Equipment Land

Lot Size Area 1.61

Building Area Total 9400

Lot Dimensions 277 397 113 360

Foundation Area 9400

Road Frontage Type County Road Paved Streets

Road Responsibility Public Maintained Road

Interior

Basement (Y/N) N

Foundation Dimensions 50 188

Fuel Propane

Internal Only

Street Number 1 1380

* Excluded Features

List By

Conncrete Realty Solutions

Broker

taylor@conncreterealtysolutions.com

Affordability Calculator

$4,086

Per Month

Monthly Principal & Interest: $3,622
Monthly Property Taxes: $463
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% 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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Nearby

Trends
Schools

Commerical listings in Alexandria, MN

Average List Price ^$495,465

Percent of Sale Price 9%

About Alexandria, MN

13,951 Population

15% Since 2002

^$50,747 Median Income

39.32 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708299 Elementary School

709223 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/1/2024	$545,000		Listed Price

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1380 County Road 4 SE, Alexandria, MN, 56308 is a Commercial Property for sale at $545,000 with 9,400 sqft and a lot size of 1.61. 1380 County Road 4 SE is a studio with 0.0 baths and was built in 1983. The property's zip code is 56308 which is in Alexandria, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% 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.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/6/2024.

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1380 County Road 4 SE

Commercial Property for sale in Alexandria, MN

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