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Open-Plan Retail Storefront
For Sale
$479,000

403 Broadway Street, Alexandria, MN 56308

Commercial Sale, Alexandria, MN

Property Size3,000 SF
Price / SF$159.67
Days on Market36

Property Features for 403 Broadway Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Rooms Basement
Parking features Driveway, Guest, Parking Lot, On Street
Window features Bay Window(s), Display Window(s)
Exterior features Block, Brick/Stone
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: Aug 21 Last Checked: Aug 21 at 5:06PM
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 approximately 3,000-square-foot storefront property offers a largely open interior suited to retail, showroom, office, or service-oriented operations. Large display windows extend across the frontage, complemented by a sidewalk display area. The space also includes high ceilings, a private rear office, and additional storage in the basement. Block, brick, concrete, and frame construction materials are present, with an accessible approach featuring a ramp.

The property occupies a downtown position on Broadway in Alexandria, with additional customer parking available along Broadway and 4th Avenue. Alley access leads to on-site parking for up to six employees. The building dates to 1948 and has ductless cooling and heating, along with an electric water heater.

Key Highlights

  • Approximately 3,000‑square‑foot open storefront
  • Large display windows and sidewalk display area on Broadway
  • High ceilings, rear private office, and lower‑level storage

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Storage Facility Building Supply 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

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
Questions? Ask 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 - Flexible commercial space with display windows, elevated ceilings, rear office space, and lower-level storage.
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 $479,000.
What are key features of this property?
This property features: Approximately 3,000‑square‑foot open storefront; Large display windows and sidewalk display area on Broadway; High ceilings, rear private office, and lower‑level storage
More about this property
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