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    4178 Co Rd Alexandria, MN 56308

    For Sale
    $679,500

    Gas station, liquor store, apartments! High traffic area.

    Property size:
    5,096 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional mixed-use property presents a lucrative investment opportunity in the vibrant Alexandria, MN lakes area. Located on a major roadway, ensuring high visibility and substantial traffic flow, this 5,096 square foot building houses a thriving gas station and convenience store, a separately licensed off-sale liquor store, and two income-generating rental apartments. The combination of these established businesses provides a diverse revenue stream and significant potential for future growth. The property's strategic location within the central lakes area attracts both local residents and tourists, creating a consistent customer base. The gas station and convenience store offer essential services to the community, while the off-sale liquor store caters to a specific market demand. The two rental apartments provide additional income and further enhance the property's overall value. This turnkey operation is ready for a new owner to step in and capitalize on its established success. The property is offered at $679,500, representing a compelling investment opportunity in a high-demand location. Serious inquiries are encouraged. The property sits on a 0-acre lot.

    Property Features for 4178 Co Rd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    5,096 SF

    Building Details

    Year Built
    1964
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Alexandria
    County
    Douglas
    State
    Minnesota
    Longitude
    -95.44046
    Latitude
    45.89778

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    FAQs

    What type of property is this?
    Mixed-use property - Gas station, liquor store, apartments! High traffic area.
    Where is this mixed-use property located?
    The property is located at 4178 Co Rd Alexandria, MN.
    What is the asking price?
    The asking price for this property is $679,500.
    (320) 760-3836
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    4178 Co Rd Alexandria, MN 56308
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4178 Co Rd Alexandria, MN 56308
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