About This Home

This 0-bedroom, 6-bathroom commercial at 316 N Nokomis Street in Alexandria, MN is listed for $425,000. Built in 1956, on a 0.19 acres lot.

Key Features

  • Built in 1956
  • 0.18 acre lot

Property Details

6 full
1956

Amenities

A/C
Listing 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.

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

Property Details

Construction

Concrete Frame

Parking

Parking LotGuestDriveway

Heating

Forced Air

Cooling

Central Air

Appliances

Water Heater - Electric

Questions & Answers

This 0-bedroom, 6-bathroom commercial at 316 N Nokomis Street is listed at $425,000. The estimated monthly payment is $2,273 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1956, 0.18 acre lot.

This property is listed by Joanna Hvezda.

JH

Joanna Hvezda

Agent at Real Estate By Jo LLC

Listed by Real Estate By Jo LLC · Broker phone: (320) 266-6053 · Broker website

MLS# 7072947· Source: Northstar MLS· 168 days on PropertySimple

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

Open this listing in: