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Commercial Land with Highway Frontage
For Sale
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1 3rd Ave E, Alexandria, MN 56308

Level commercial lot offers 115' of Highway 29 frontage and city utilities for ease of development.

Property SizeContact for details
Days on Market117

Property Features for 1 3rd Ave E

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $2,878
Listing Agency: Kvale Real Estate
Listed By: Carl R Kvale
Source: Exprealty
Added: May 18 Changed: Sep 2 Last Checked: Sep 11 at 1:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kvale Real Estate

Investment Insights

Based on property information with market context.

This is a commercially oriented land lease offering on a level half-acre lot with 115 feet of frontage on Highway 29. The property is described as having approximately 20,000 cars per day of exposure and includes city utilities for ease of development.

The site also abuts Viking Plaza Mall, along with TJ Max and Kohls department stores, supporting convenient neighborhood retail and service uses. The owner states the land is not for sale and will entertain a land lease option only.

The listing notes the property’s level contours and utilities as practical factors for developing a convenience-oriented business such as coffee, food service, or an oil change facility.

Key Highlights

  • Land lease only: approximately 1/2‑acre commercial lot available for leasing
  • 115' of frontage on Hwy 29 with estimated 20,000 cars per day exposure
  • Abuts Viking Plaza Mall and nearby retailers including TJ Max and Kohls

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Storage Facility Restaurant Big Box & Wholesale Store Building Supply Auto Parts Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

876
Businesses Nearby

Demographics for 56308, MN

26,391
Population
14,350
Households
1.8
Avg Household Size
44
Median Age
33%
College-Educated
96%
High-School Grad
155.9 sq mi
ZIP Area
169
Density / Sq Mi
$76,831
Median Household Income
$43,999
Median Earnings
$921
Median Rent
$307,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Level commercial lot offers 115' of Highway 29 frontage and city utilities for ease of development.
Where is this commercial land located?
The property is located at 1 3rd Ave E Alexandria, MN.
What are key features of this property?
This property features: Land lease only: approximately 1/2‑acre commercial lot available for leasing; 115' of frontage on Hwy 29 with estimated 20,000 cars per day exposure; Abuts Viking Plaza Mall and nearby retailers including TJ Max and Kohls
More about this property
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