# 316 N Nokomis Street, Alexandria, MN 56308

> **TL;DR:** commercial, $425,000, built 1956. Est. $1,842/mo. Listed 33 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $425,000 |
| Year Built | 1956 |
| Lot Size | 8,059 sqft (0.19 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 33 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,842 |
| **Total** | **$1,842** |

## Property Highlights

- Built in 1956
- 0.18 acre lot

## Description

### 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.

## Location

- **Address:** 316 N Nokomis Street, Alexandria, MN 56308
- **County:** Douglas-MN
- **Neighborhood:** Lakeside Add
- **Coordinates:** 45.894028, -95.366155
- **Google Maps:** https://www.google.com/maps?q=45.894028,-95.366155

## Listing Agent

- **Name:** Joanna Hvezda
- **Brokerage:** Real Estate by Jo, LLC
- **Phone:** 3202666053
- **Email:** countonjo@gmail.com

## Primary Photo

![316 N Nokomis Street - Primary Photo](http://lh.rdcpix.com/4397087fc2674fadb7cfa55276d294c0l-f1057707675r.jpg)

*41 total photos available on [listing page](https://www.propertysimple.com/listing/316-n-nokomis-street-alexandria-mn-56308-7072947)*

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**MLS#:** 7072947 | **Updated:** 2026-06-25
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/316-n-nokomis-street-alexandria-mn-56308-7072947)

---

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  "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.\n\nThis 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.\nThe second suite is office suites with three suites, and a potential fourth suite,",
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