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$275,000
Est. payment /mo
9 Beds
4 Baths
5,304 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,304 sqft
Price per Sqft $51
MLS Listing ID 7067521
Bedrooms 9
Year Built 1954
Annual Tax Amount $3,606
Tax Year 2026
Contingent None
Lot Size 1.010 Acres
Lot Dimensions 167x262x168x263
Property Sub-Type Fourplex
Property Description
A unique redevelopment opportunity with excellent visibility and potential! This property has operated as a 4-unit apartment building for many years with very little vacancy. The owners have vacated all tenants and completed the interior demolition in preparation for renovation, giving the next owner a blank slate to finish the project.
The City of Alexandria has expressed interest in having this property become commercially zoned, offering potential for a variety of business uses. Complete the demolition and build your business here!
City water has been stubbed to the property, with the assessment already paid. A private well with a newer pump currently serves the property. The large, beautiful yard features mature trees, excellent visibility and exposure along Hwy 29, and a scenic stream flowing through the property between Lakes Geneva and Le Homme Dieu.
Bring your vision and make this highly visible property your next business or investment opportunity!
All offers must include an "As Is" Addendum.
The City of Alexandria has expressed interest in having this property become commercially zoned, offering potential for a variety of business uses. Complete the demolition and build your business here!
City water has been stubbed to the property, with the assessment already paid. A private well with a newer pump currently serves the property. The large, beautiful yard features mature trees, excellent visibility and exposure along Hwy 29, and a scenic stream flowing through the property between Lakes Geneva and Le Homme Dieu.
Bring your vision and make this highly visible property your next business or investment opportunity!
All offers must include an "As Is" Addendum.
Location
State MN
County Douglas
Zoning Residential-Multi-Family
Rooms
Basement Block, Finished, Full
Interior
Heating Baseboard, Forced Air
Fireplace No
Exterior
Parking Features Gravel, Paved Lot
Pool None
Roof Type Asphalt,Pitched,Unspecified Shingle
Building
Story Two
Foundation 1528
Sewer City Sewer/Connected
Water Drilled, Private, Well
Level or Stories Two
Structure Type Frame
New Construction false
Schools
School District Alexandria
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Listed by Christopher Sutton • Century 21 First Realty, Inc.
NEARBY SCHOOL & BUSINESS
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