209 Nokomis St Alexandria, MN 56308
Portfolio with retail buildings, land, and redevelopment potential.
Type:Retail
Property size:
9,000 SFLot size:
3.76 Acres- Added:
- Apr 4, 2024
- Days on Market:
- 733
- Last Refresh:
- Mar 17 at 1:25 pm
Property Features for 209 Nokomis St
General Information
- Standard status
- Active
- Size
- 9,000 SF
- Lot size
- 3.76 Acres
- Property subtype
- Retail
Listing agent Rob Kost License #MN
Listing office Upland Real Estate Group Inc
Listing date Apr 4, 2024
Source Crexi
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 Upland Real Estate Group Inc
Overview
Retail Buildings and Land Portfolio
This property portfolio includes potentially up to two buildings and land, totaling 3.76 acres. One building is a 5,518 square foot retail space at 209 Nokomis, previously occupied by a BK and C-Store. The portfolio also features a 9,000 square foot retail building currently occupied by TireMaxx. Adjacent to these buildings is approximately half an acre of land situated on a hard corner, potentially available for ground lease or sale. The former BK & C-Store (Northside Plaza) presents redevelopment potential on its own, or the entire 3.76-acre site could be redeveloped. A sale-leaseback arrangement with TireMaxx is possible if the entire site is sold or redeveloped, but is not required for the portfolio to trade. TireMaxx could either vacate or remain as a tenant. The available parcels include buildings that could be retained or demolished, offering opportunities for redevelopment or straightforward building leasing. The owner prefers potentially entering into a ground lease on all 3.6 acres.
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Alexandria
- County
- Douglas
- State
- Minnesota
- Longitude
- -95.3660115
- Latitude
- 45.8900248
Nearby Similar for Sale
FAQs
What type of property is this?
Retail property - Portfolio with retail buildings, land, and redevelopment potential.
Where is this retail property located?
The property is located at 209 Nokomis St Alexandria, MN.
What are key features of this property?
This property features: 3.76‑acre property portfolio offering redevelopment potential.; Two existing retail buildings: 5,518 SF (former BK & C‑Store) and 9,000 SF (TireMaxx).; Potential ground lease on approximately 1/2 acre of land on a hard corner.
