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Unfinished Retail Suite
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403 3rd Avenue E #Suite 3, Alexandria, MN 56308

High ceilings, an in-suite restroom, and an unfinished interior offer flexibility for a tenant’s build-out.

Space Size1,648 SF
Days on Market3

Property Features for 403 3rd Avenue E #Suite 3

General Information

Standard status Active
Size 1,648 SF
Net Rentable 1,648 SF
Zoning Business/Commercial
Lease Type NNN

Space & Availability

Available Space 1,648 SF
Contiguous Space 1,648 SF

Taxes and HOA fees

Annual Taxes $37,660

Amenities

high ceilings
handicap accessible parking
bathroom in unit
building signage
lake views

Building Details

Building Size 1,648 SF
Year Built 2022
Units 4
Tenancy Multi
Listing Agency: ConnCrete Realty Solutions
Listed By: Taylor Conn
Source: Getyoumoved
Added: Oct 22 Changed: Oct 23 Last Checked: Oct 23 at 4:11PM

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 ConnCrete Realty Solutions

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,648-square-foot retail suite is located in a 2022 building and has an unfinished interior, high ceilings, an in-suite bathroom, and lake views. The space is zoned Business/Commercial, with level, accessible parking serving the building. Signage is available on 3rd Avenue, where the property receives exposure to reported vehicle traffic of 17,367 per day.

The building is at 403 3rd Avenue E in downtown Alexandria. Sidewalk and bicycle activity, along with the Central Lakes Trail, adds pedestrian and bike traffic in the area. Other occupants include a dental clinic, a retail business, and a women’s health clinic.

Key Highlights

  • 1,648 SF unfinished retail suite
  • Built in 2022; high ceilings and lake views
  • Business/Commercial zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Bakery Storage Facility Grocery & Convenience Store Auto Parts Store (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

852
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - High ceilings, an in-suite restroom, and an unfinished interior offer flexibility for a tenant’s build-out.
Where is this retail space located?
The property is located at 403 3rd Avenue E #Suite 3 Alexandria, MN.
What are key features of this property?
This property features: 1,648 SF unfinished retail suite; Built in 2022; high ceilings and lake views; Business/Commercial zoning
More about this property
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