4417 County Rd 82nd SE Alexandria, MN 56308-5490
This exceptional 3,600 square foot retail property at 4417 County Road 82 SE in Alexandria, Minnesota presents a rare investment opportunity. Boasting excellent visibility on a major road, just minutes from downtown, this building offers immense potential for a variety of businesses. Recent upgrades significantly enhance its value, including a new furnace and AC unit, a completely updated electrical system, a newer roof, and a recently replaced water heater and water softener. The versatile space is perfect for a wide range of uses, from an event center or restaurant to retail shops or office spaces. The possibilities are truly limitless. A unique selling point is the inclusion of a vintage Empire Builder dining car, adding character and potential for creative business concepts. Situated on a nearly one-acre lot, the property provides convenient access and over 30 paved parking spaces. Its location adjacent to the Central Lakes Trail ensures high traffic volume and easy accessibility. This turnkey property is ready for immediate occupancy and offers a compelling combination of location, features, and potential. Don't miss this chance to own a truly one-of-a-kind commercial property in a thriving community.
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.