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Office Building with Multiple Offices

524 Willow Drive, Alexandria, MN 56308

For Sale
New
$515,000

Interior features include work areas, meeting spaces, and five bathrooms.

Property Size6,571 SF
Lot Size1.50 Acres
Price / SF$78.37
Days on Market6

Property Features for 524 Willow Drive

General Information

Standard status Active
Size 6,571 SF
Lot size 1.50 Acres
Property subtype Commercial

Building Details

Year Built 1982
Buildings 1
Building Size 6,571 SF
Listing Agency: Lakes Area Realty
Listed By: The Antonov Group
Source: Theantonovgroup
Added: Nov 4 Changed: Nov 8 Last Checked: Nov 8 at 5:58AM

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 Lakes Area Realty

Rey
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Investment Insights

Based on property information with market context.

Built in 1982, this office property at 524 Willow Drive in Alexandria contains 6,571 square feet. The layout includes 6+ offices, large work areas, multiple conference-style spaces, and five bathrooms. The site comprises nearly 1.5 acres.

The property has been identified as potentially accommodating uses such as assisted living, daycare, medical clinics, education, and community organizations. These are examples of contemplated applications, not statements about permitted use.

Key Highlights

  • 6,571 sq ft building
  • 6+ offices, large work areas, and multiple conference‑style spaces
  • 5 bathrooms

Property Analytics

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

Current Use

Office buildings

Suggested Use

Top Pick Grocery & Convenience Store HVAC Service Bakery Garden Center Florist Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

213
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 building - Interior features include work areas, meeting spaces, and five bathrooms.
Where is this office building located?
The property is located at 524 Willow Drive Alexandria, MN.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: 6,571 sq ft building; 6+ offices, large work areas, and multiple conference‑style spaces; 5 bathrooms
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