$256,000
$245,900
4.1%For more information regarding the value of a property, please contact us for a free consultation.
505 Broadway ST Alexandria, MN 56308
4,356 Sqft Lot
Key Details
Sold Price $256,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision Original Alexandria
MLS Listing ID 6019725
Sold Date 08/16/21
Year Built 1918
Annual Tax Amount $3,668
Tax Year 2021
Contingent None
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 30 150 30 150
Property Description
Excellent investment opportunity in thriving downtown Alexandria! Domino's has been a staple in this well kept building and now you have a chance to be a part of it. 4 years and 6 months currently left on the lease with 2 additional increased 5-year options after that. Tenant also participates in taxes, insurance, building maintenance and utilities. Bonus*** property includes private parking spaces in the back that abut the public parking lot. Included in this offering is the real estate, building, HVAC, improvements and an excellent lease/tenant! Business not included.
Location
State MN
County Douglas
Zoning Business/Commercial
Rooms
Basement Full, Partially Finished
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Parking Features Paved
Utilities Available Heating Separate
Roof Type Rubber
Present Use Food Service,Restaurant
Building
Foundation 2359
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone
Schools
School District Alexandria
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