Property profile

403 Broadway St Alexandria, MN 56308

FOR LEASE
Retail Stores
Property ID
US46-0940546
1,461 SF Built 1948
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Property summary

AI-generated overview

The property is a downtown storefront space located on Broadway in Alexandria, configured with a mostly open floor plan suited for a variety of commercial uses such as retail, showroom, office, or service operations. It features large street-facing display windows and high ceilings, with a rear private office area for administrative or work use. Additional storage is provided in a lower-level area that can support inventory, supplies, or back-office materials. The space has prominent street frontage along Broadway, and alley access supports employee parking for up to six vehicles, with additional nearby street parking available along Broadway and 4th Avenue.

Property profile

Verified
Property type Retail Stores
Year built 1948
Total area 1,461 SF
APN 63-1035-000
UPID US46-0940546

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

403 Broadway St Alexandria, MN 56308
Alexandria metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2021
4 recorded transactions
2022
Price N/A
2021
Price N/A
2021
Price N/A
2019
Price N/A
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