Property profile

415 Fillmore St Alexandria, MN 56308

OFF-MARKET
Office Spaces
Property ID
US46-1395328
2,789 SF Built 1984
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1984
Total area 2,789 SF
APN 63-0917-500
UPID US46-1395328

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Training Center Sports School
  • Sports School Gym & Fitness Center

Location

415 Fillmore St Alexandria, MN 56308-1320
Alexandria metro Census 450702 ALEXANDRIA, MN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$785k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$730k

Owner & transaction history

since 2025
Last sale
$850,000
2 recorded transactions
2025
$850,000
2019
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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