Retail Buildings and Land
For Sale
Contact for pricing
Pending
209 Nokomis St, Alexandria, MN 56308
Portfolio with retail buildings, land, and redevelopment potential.
Property Size9,000 SF
Lot Size3.76 Acres
Days on Market869
Property Features for 209 Nokomis St
General Information
Standard status
Pending
Size
9,000 SF
Lot size
3.76 Acres
Property subtype
Retail
Listing Agency:
Upland Real Estate Group Inc
(612) 868-1868
Listed By:
Rob Kost · License #MN
Source:
Crexi
Added: Apr 4, 2024
Changed: Aug 11
Last Checked: Aug 18 at 6:35AM
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 Upland Real Estate Group Inc
Investment Insights
Based on property information with market context.
This property portfolio includes potentially up to two buildings and land, totaling 3.76 acres. One building is a 5,518 square foot retail space at 209 Nokomis, previously occupied by a BK and C-Store. The portfolio also features a 9,000 square foot retail building currently occupied by TireMaxx. Adjacent to these buildings is approximately half an acre of land situated on a hard corner, potentially available for ground lease or sale. The former BK & C-Store (Northside Plaza) presents redevelopment potential on its own, or the entire 3.76-acre site could be redeveloped. A sale-leaseback arrangement with TireMaxx is possible if the entire site is sold or redeveloped, but is not required for the portfolio to trade. TireMaxx could either vacate or remain as a tenant. The available parcels include buildings that could be retained or demolished, offering opportunities for redevelopment or straightforward building leasing. The owner prefers potentially entering into a ground lease on all 3.6 acres.
Key Highlights
- 3.76‑acre property portfolio offering redevelopment potential.
- Two existing retail buildings: 5,518 SF (former BK & C‑Store) and 9,000 SF (TireMaxx).
- Potential ground lease on approximately 1/2 acre of land on a hard corner.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
390
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail property - Portfolio with retail buildings, land, and redevelopment potential.
Where is this retail property located?
The property is located at 209 Nokomis St Alexandria, MN.
What are key features of this property?
This property features: 3.76‑acre property portfolio offering redevelopment potential.; Two existing retail buildings: 5,518 SF (former BK & C‑Store) and 9,000 SF (TireMaxx).; Potential ground lease on approximately 1/2 acre of land on a hard corner.
