Restaurant Space with Kitchen
For Lease
$14 SF/Yr
505 Broadway St, Alexandria, MN 56308
Existing built-in kitchen equipment may remain, and parking is available at the rear and along the street.
Space SizeContact for details
Days on Market8
Property Features for 505 Broadway St
General Information
Standard status
Active
Total Parking Spaces
6
Space & Availability
Floor
Ground + Basement
Space Use
Restaurant
Available From
2026-01
Restaurant
Equipment Included
Yes
Second-Generation Restaurant
Yes
Taxes and HOA fees
Annual Taxes
$4,156
Amenities
built-in kitchen equipment
Listing Agency:
Edina Realty, Inc.
Listed By:
Stuart Wood · License #40461926
(320) 762-8181
Source:
Exprealty
Added: Oct 23
Changed: Oct 28
Last Checked: Oct 28 at 3:19PM
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 Edina Realty, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This restaurant property offers more than 2,400 square feet of ground-level space, with additional area in the basement. Most of the built-in kitchen equipment can remain, providing an existing food-service setup. The space was previously occupied by Domino’s Pizza.
Parking options include a public lot behind the building, on-street spaces along Broadway, and about six private spaces directly behind the property. Availability is expected as soon as mid-January 2026.
Parking options include a public lot behind the building, on-street spaces along Broadway, and about six private spaces directly behind the property. Availability is expected as soon as mid-January 2026.
Key Highlights
- Over 2,400 sq ft of ground‑level space, plus basement area
- Most built‑in kitchen equipment can remain
- Public parking lot behind the building, on‑street parking out front, and about 6 private spaces at the rear
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
958
Businesses Nearby
Under-served
Demand for This Use
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
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
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing built-in kitchen equipment may remain, and parking is available at the rear and along the street.
Where is this conventional restaurant located?
The property is located at 505 Broadway St Alexandria, MN.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Over 2,400 sq ft of ground‑level space, plus basement area; Most built‑in kitchen equipment can remain; Public parking lot behind the building, on‑street parking out front, and about 6 private spaces at the rear
