415 Fillmore St, Alexandria, MN 56308-1320
This exceptional commercial property located at 415 Fillmore Street in the heart of Alexandria, Minnesota, presents a unique investment opportunity. Boasting a generous 4,389 square feet of versatile space spread across multiple levels, this building offers endless possibilities for a variety of businesses. The expansive interior provides ample room for customization and creative design, allowing for the development of a truly unique commercial space. A significant advantage is the inclusion of a convenient parking lot with 17 spaces, ensuring ample parking for customers and employees. The property also features a 10-foot garage door, adding to its functionality and potential uses. Its prime location on Fillmore Street guarantees excellent visibility and accessibility, ensuring high foot traffic and exposure for your business. The 0.23-acre lot provides ample space for outdoor activities or expansion. Priced at $450,000, this property represents a compelling investment in a thriving downtown location. The flexible layout and substantial square footage make this an ideal space for a wide range of commercial ventures. Don't miss this chance to acquire a prominent commercial property in a desirable location. Schedule a viewing today to explore the potential of this remarkable space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.