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209 Nokomis St Alexandria, MN 56308

Prime MN Retail Opportunity: 3.76 Acres

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional Alexandria, MN property offers a unique investment opportunity encompassing 3.76 acres of land and two existing buildings. The main focus is a 5,518-square-foot retail building, formerly a Burger King and convenience store, currently vacant and available for lease or redevelopment. A second building, a 9,000-square-foot retail space occupied by TireMaxx, presents additional possibilities. An adjacent half-acre lot provides further development potential, suitable for ground lease or sale. The entire portfolio presents significant redevelopment potential, allowing for a complete site overhaul or selective building repurposing. A sale-leaseback option with TireMaxx is available, but not a requirement for the sale of the entire portfolio. This flexible offering caters to various investment strategies, from straightforward leasing to large-scale redevelopment projects. The property's location at 209 Nokomis St, Alexandria, MN 56308, offers high visibility and accessibility. The site's versatility makes it ideal for a range of retail, restaurant, or other commercial uses. Consider the potential for a mixed-use development, capitalizing on the high-traffic location and ample space. This is a rare chance to acquire a substantial commercial property with multiple development paths in a thriving Minnesota market.

Highlights

  • Large pylon signage available.
  • Signalized corner location with 18,000 VPD traffic counts.
  • Building and/or site redevelopment potential.
  • Drive-thru potential.
  • Strong tenant mix nearby including Elden's Fresh Foods, TireMaxx, Wells Fargo, and more.
  • Proximity to dense residential neighborhoods.

Property Details for 209 Nokomis St

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
5,518 SF

Unit(s) available at that property

Space
Former BK & C-Store
Size
5,518 SF
Space
Alexandria Buildings & Development Site
Size
163,786 SF

Location Insight

City
Alexandria
County
Douglas
State
Minnesota
Latitude
45.8900165
Longitude
-95.3660046

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FAQs

What type of property is this?
Retail property - Prime MN Retail Opportunity: 3.76 Acres
Where is the retail property located?
The property is located at 209 Nokomis St Alexandria, MN.
What are key features of this property?
This property features: Large pylon signage available.; Signalized corner location with 18,000 VPD traffic counts.; Building and/or site redevelopment potential.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Rob Kost
Rob Kost
Visit Broker Website

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Useful Information

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Nokomis St
Alexandria, MN 56308

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Nokomis St
Alexandria, MN 56308

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

209 Nokomis St
  • Rob Kost
    Rob Kost
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