Tom Engel - Managing Broker

Tom Engel - Managing Broker

(763) 416-2423



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316 N Nokomis Street, Alexandria, MN 56308

$425,000
MLS# 7072947
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Tom Engel - Managing Broker

Tom Engel - Managing Broker
Call: (763) 416-2423

STATUS: Pending
PROPERTY TYPE: Commercial - Office
SUBDIVISION: Lakeside Add
SCHOOL: Alexandria
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Property Description

Calling all investors. This is a one in a lifetime opportunity to get a turnkey investment. This investment portfolio comes with a full house of tenants, completely remodeled, turnkey. It is essentially maintenance free.This is a rare find, and a true gem. It is set up to be hands-free and be a great investment. The front office suite is a financial company. They pay their own utilities and have their own space.The second suite is office suites with three suites, and a potential fourth suite, two bathrooms and a common corridor. The beauty of this investment is, it is main level, no steps and has great parking.When you're talking about building your investment portfolio, adding to it or starting your investment this is truly an investment you want to consider.

316 N Nokomis Street | MLS# 7072947

This commercial property located at 316 N Nokomis Street, Alexandria, MN 56308 is currently listed for sale with an asking price of $425,000. N Nokomis Street is located within the Alexandria school district. Search Alexandria real estate on tengel.counselorrealty.com today.

Property Features

Property Type: Commercial - Office
Cooling: Central Air
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 0.19 Acres
Roof Type: Age Over 8 Years, Flat
Stories: 1.0
Taxes: $6,672
Year Built: 1956

Feature Descriptions

Appliances: Electric Water Heater
Basement: None
Current Use: Professional/Office, Beauty/Barber Shop, Commercial, Office, Professional Service
Days on Site: 25
Exterior: Concrete, Frame
Foundation Size: 2387
Handicap Accessible: Doors 36+, Grab Bars In Bathroom, No Stairs External, No Stairs Internal, Partially Wheelchair
Lot: Tree Coverage - Light
Lot Dimensions: 60x135x60x135
Owners Expense: Exterior Maintenance, Grounds Care, Insurance, Janitorial Service, Repairs, Pest Control, Snow Removal, Taxes, Trash Collection, Water
Parcel#: 630503000
Parking: Asphalt, Guest Parking, Parking Lot, Paved Lot
Road Frontage: City Street
Sale Includes: Building, Leases
Sewer: City Sewer/Connected
Tenant Expenses: All Utilities, Gas, Heat, Hot Water, Janitorial Service, Maintenance, Security
Units: 4
Utilities: Electric Separate, Heating Separate
Water: City Water/Connected

Local Schools

School District: Alexandria

Listed By / Shown By

Listed By

Agency Name: Real Estate by Jo, LLC
Agency Phone: 320-762-2223

Shown By

Agent Name: Tom Engel - Managing Broker
Agent Phone: (763) 416-2423
Agency Title: Counselor Realty

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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.

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