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Downtown Storefront with Display Windows
For Sale
$449,000

403 Broadway Street, Alexandria, MN 56308

Commercial Sale, Alexandria, MN

Property Size3,000 SF
Price / SF$149.67
Days on Market82

Property Features for 403 Broadway Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Rooms Basement
Parking features Driveway, On Street, Parking Lot, Guest
Window features Bay Window(s), Display Window(s)
Accessibility Accessible Approach with Ramp
Appliances Water Heater - Electric
Subdivision Original Alexandria
Lot features Zero Lot Line
High school district Alexandria
Directions 403 Broadway Alexandria.
Standard status Active
APN 631035000

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 3336

Utilities

Heating system Oil, Ductless (Heating)
Cooling system Ductless

Amenities

large display windows
sidewalk display area
high ceilings
private office area
bonus storage space in lower level

Building Details

Year built 1948
Building materials Block, Brick, Concrete, Frame
Listing Agency: Century 21 First Realty, Inc. · Century 21 Real Estate
Listed By: Todd J Whiting
Added: Jul 17 Changed: Sep 28 Last Checked: Oct 6 at 2:06AM
MLS# 7110038

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1948 storefront at 403 Broadway Street in downtown Alexandria has a largely open interior, high ceilings, and display windows facing the sidewalk. A separate office area sits at the rear, with additional storage in the basement. The building includes an accessible approach ramp and ductless heating and cooling.

Alley access leads to parking for up to six vehicles. On-street parking is also available along Broadway and 4th Avenue. The existing tenant plans to relocate its business to a larger facility.

Key Highlights

  • Display windows and a sidewalk display area
  • Mostly open floor plan with high ceilings
  • Rear private office and basement storage

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Building Supply Storage Facility Big Box & Wholesale Store Auto Parts Store HVAC Service Restaurant

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

876
Businesses Nearby
Balanced
Demand for This Use

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
Rey
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Similar Off Market Nearby

  • CREATIONS Weddings & Events — 1023 Broadway St, Alexandria, MN 56308
  • Downtown Floral — 707 3rd Ave E, Alexandria, MN 56308

Frequently Asked Questions

What type of property is this?
Storefront property - An open interior, rear office, and lower-level storage provide a flexible commercial layout.
Where is this storefront property located?
The property is located at 403 Broadway Street Alexandria, MN.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Display windows and a sidewalk display area; Mostly open floor plan with high ceilings; Rear private office and basement storage
More about this property
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