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About This Home

This 0-bedroom, 0-bathroom commercial at 316 N Nokomis Street in Alexandria, MN is listed for $425,000. Built in 1956, on a 0.19 acres lot.

Agent Description

Calling all investors. This is a one in a lifetime opportunity to get a turnkey investment. This investment portfolio comes with a full house of tenants, completely remodeled, turnkey. It is essentially maintenance free.

This is a rare find, and a true gem. It is set up to be hands-free and be a great investment. The front office suite is a financial company. They pay their own utilities and have their own space. The second suite is office suites with three suites, and a potential fourth suite, two bathrooms and a common corridor. The beauty of this investment is, it is main level, no steps and has great parking. When you’re talking about building your investment portfolio, adding to it or starting your investment this is truly an investment you want to consider.

Key Features

  • Built in 1956
  • 0.18 acre lot

Property Details

1956

Monthly Cost Estimate

$2,273/mo

20% down · 6.5% · 30 years

Principal$307
Interest$1,842
Insurance$124

Estimates only. Actual payments may vary.

Location

316 N Nokomis Street

Alexandria, MN 56308

Lakeside Add

Features & Amenities

Exterior Features

StuccoWood

Property Details

Flooring

CarpetTileVinyl

Construction

ConcreteFrame

Parking

DrivewayGuestParking LotPaved or Surfaced

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 316 N Nokomis Street is listed at $425,000. The estimated monthly payment is $1,842 based on 20% down at 6.5% interest.

Key features include: Built in 1956, 0.18 acre lot. Exterior Features: Stucco, Wood.

This property is listed by Joanna Hvezda and can be reached at 3202666053 or countonjo@gmail.com.

JH

Joanna Hvezda

Agent at Real Estate by Jo, LLC

(320) 266-6053

Listed by Real Estate by Jo, LLC · View on Broker Site

MLS# 7072947· Source: listhub· Updated 33 days ago

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

316 N Nokomis Street, Alexandria, MN 56308

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