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Corner Office Suite
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507 N Nokomis Street #D, Alexandria, MN 56308

Main-level office space features a reception area, multiple offices, a work area, and large windows.

Space Size1,312 SF
Days on Market5

Property Features for 507 N Nokomis Street #D

General Information

Standard status Active
Size 1,312 SF
Net Rentable 1,312 SF
Zoning Business/Commercial
Lease Type Gross

Space & Availability

Available Space 1,312 SF
Contiguous Space 1,312 SF
Floor Main Level
Space Use Office

Additional Details

Utilities Included in Rent heat, electric

Taxes and HOA fees

Annual Taxes $38,372

Building Details

Year Built 1999
Units 12
Listing Agency: Edina Realty, Inc.
Listed By: Stuart Wood · License #40461926
Source: Getyoumoved
Added: Oct 20 Changed: Oct 23 Last Checked: Oct 23 at 2:24PM

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.

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Investment Insights

Based on property information with market context.

A 1,312-square-foot office suite occupies a corner position on the main level of the Cornerstone Building. Its layout includes a reception area, three or more offices, a separate workspace area, and large windows. The building was completed in 1999 and is described as well maintained.

The suite faces N Nokomis Street in Alexandria. Business/commercial zoning applies, and parking is available at the property. Heat and electricity are included in the rent.

Key Highlights

  • 1,312‑square‑foot corner office suite on the main level
  • Reception area, 3+ offices, and a separate workspace area
  • Large windows facing N Nokomis Street

Property Analytics

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

Current Use

Office Units

Suggested Use

Top Pick Dental Office Restaurant Garden Center Bakery Storage Facility Grocery & Convenience Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

448
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Main-level office space features a reception area, multiple offices, a work area, and large windows.
Where is this office unit located?
The property is located at 507 N Nokomis Street #D Alexandria, MN.
What are key features of this property?
This property features: 1,312‑square‑foot corner office suite on the main level; Reception area, 3+ offices, and a separate workspace area; Large windows facing N Nokomis Street
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