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    1228 Nokomis Alexandria, MN 56308

    Sponsored
    For Sale
    $1,095,000

    Thriving Alexandria, MN business for sale.

    Property size:
    11,870 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    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.

    Property Features for 1228 Nokomis

    General Information

    Property type
    Investment properties
    Square Feet
    11,870 SF
    Lot Size
    27,878 SF

    Building Details

    Year Built
    1991
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alexandria
    County
    Douglas
    State
    Minnesota
    Longitude
    -95.36786
    Latitude
    45.90471

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    FAQs

    What type of property is this?
    Investment property - Thriving Alexandria, MN business for sale.
    Where is this investment property located?
    The property is located at 1228 Nokomis Alexandria, MN.
    What is the asking price?
    The asking price for this property is $1,095,000.
    (320) 762-8070
    Request Owner's contact information
    1228 Nokomis Alexandria, MN 56308
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    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
    1228 Nokomis Alexandria, MN 56308
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