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209 Nokomis St Alexandria, MN 56308

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Prime Alexandria Retail Opportunity

Property size:
2,300 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional Alexandria, MN property offers a unique investment opportunity encompassing approximately 3.76 acres of land and two existing buildings. The portfolio includes a 5,518 square foot former Burger King and convenience store building at 209 Nokomis Street, and a 9,000 square foot retail building currently occupied by TireMaxx. An additional half-acre parcel on a signalized corner with high traffic counts (18,000 vehicles per day) is also available, presenting potential for ground lease or sale. The entire site presents significant redevelopment potential, allowing for the repurposing of existing structures or construction of new developments. A sale-leaseback option with TireMaxx is possible, but not a requirement for sale or redevelopment. The property boasts prominent pylon signage and benefits from a strong location near established businesses such as Elden's Fresh Foods, Wells Fargo Bank, and several popular restaurants and retailers. The site's proximity to dense residential neighborhoods further enhances its appeal. The owner is open to considering a ground lease for the entire 3.76-acre site. This versatile property offers a range of possibilities for investors seeking a prime retail location in a thriving community. The total square footage of the buildings ranges from 2,300 to 12,518 square feet. The property is located in Douglas County, Minnesota, zip code 56308. Potential exists for a drive-thru.

Property Features for 209 Nokomis St

General Information

Property type
Automotive properties
Square Feet
2,300 SF
Lot Size
163,786 SF

Property Profile Location Intelligence

Current Use by Public Records

Gas stations

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Alexandria
County
Douglas
State
Minnesota
Longitude
-95.3660046
Latitude
45.8900165

FAQs

What type of property is this?
Automotive property - Prime Alexandria Retail Opportunity
Where is this automotive property located?
The property is located at 209 Nokomis St Alexandria, MN.
More about this property
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