1228 Nokomis NE Alexandria, MN 56308-5072
This exceptional business opportunity encompasses a well-established restaurant supply company situated in Alexandria, Minnesota. The business operates from a substantial 11,870 square foot building, strategically located on a high-traffic road (N Nokomis NE) offering excellent visibility and ample parking. The property includes a spacious showroom, dedicated service areas, and extensive storage space to accommodate the inventory needs of a thriving business. The 0.64-acre lot provides ample space for operations and potential future expansion. The sale includes the land, building, and the established business itself, presenting a turnkey opportunity for a new owner. Years of dedicated operation have cultivated a strong reputation and loyal customer base within the greater central Minnesota community. This presents a unique chance to acquire a profitable, turnkey operation with significant growth potential in a desirable location. The business is ready for a new owner to continue its legacy of success and build upon its established foundation. This is an exceptional opportunity for an entrepreneur seeking a well-established business with a proven track record. The asking price for this complete package is $1,095,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.