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Property profile & analytics

504 Broadway St Alexandria, MN 56308

  • Retail space
  • 9,827 SF
  • 0.25 lot acres
For Sale
Last Sale
Feb 25, 2022
$265,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US46-1151029
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Retail space

Property Details for 504 Broadway St

Year built
2022
Lot size
0.25 lot acres
Property size
9,827 SF
Property type
Retail space
APN
63-0943-000
APU
630943000

Description

This stunning three-story, 30,000 square foot office building in downtown Alexandria offers a unique opportunity for businesses seeking a vibrant and productive workspace. Built in 2023, the property features four suites, with two currently available, each boasting approximately 700 square feet of space. Each suite includes a 10x10 closet, providing ample storage. The building is zoned for business use and sits on a 0.25-acre lot. Enjoy the convenience of a single elevator and stair access. Shared amenities include two modern conference rooms, restrooms, and a kitchenette, fostering collaboration and convenience. The building's chic design creates a sophisticated and inspiring work environment. Located in the heart of downtown, the property benefits from convenient access to public parking lots and on-street parking. A significant advantage is the inclusion of all utilities in the monthly rental rate, which also covers private Wi-Fi internet for each office. Monthly rent ranges from $1,418 to $1,620. The Creative Touch Boutique occupies the first two floors, adding to the building's unique character and downtown appeal. This is an exceptional opportunity to secure prime office space in a thriving urban setting.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Alexandria
County
Douglas
State
Minnesota
Longitude
-95.3781
Latitude
45.8869
CBSA code
10820
CBSA name
ALEXANDRIA, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,748
$86,900
$933,400
$1,020,300
-
$86,900
$933,400
$1,020,300
More about this property
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