316 N Nokomis Street Alexandria, MN 56308

$425,000
Active
6 Baths  |   |  MLS # 7072947
Active
  • Nokomis Street Side
    Nokomis Street Side
  • Parking Lot/Backside Entrance
    Parking Lot/Backside Entrance
  • Entrance
    Entrance
  • Hallway to Suites
    Hallway to Suites
  • Suite 1
    Suite 1
  • Suite 1
    Suite 1
  • Suite 1
    Suite 1
  • Suite 2
    Suite 2
  • Suite 2
    Suite 2
  • Suite 2
    Suite 2
  • Suite 2
    Suite 2
  • Shared Public Restroom
    Shared Public Restroom
  • Shared Public Restroom
    Shared Public Restroom
  • Shared Public Restroom
    Shared Public Restroom
  • Suite 3
    Suite 3
  • Breakroom/Flex Office
    Breakroom/Flex Office
  • Breakroom/Flex Office
    Breakroom/Flex Office
  • Utilities
    Utilities
  • Employee Bathroom
    Employee Bathroom
  • Exterior
    Exterior
  • Front Office Space
    Front Office Space
  • Reception Area
    Reception Area
  • Reception Area
    Reception Area
  • Waiting Room
    Waiting Room
  • Kitchenette
    Kitchenette
  • Front Space Common Area
    Front Space Common Area
  • Seating Area
    Seating Area
  • Restroom
    Restroom
  • Utilities through Restroom
    Utilities through Restroom
  • Large Conference Space/Office
    Large Conference Space/Office
  • Large Conference Space/Office
    Large Conference Space/Office
  • Large Conference Space/Office
    Large Conference Space/Office
  • Office
    Office
  • Office
    Office
  • Exterior Front
    Exterior Front
  • Parking Lot
    Parking Lot
  • Parking Lot
    Parking Lot
  • Parking Lot
    Parking Lot
  • Parking Lot
    Parking Lot
  • Floor Plan
    Floor Plan
  • Front Office Space/Back Office Suites
    Front Office Space/Back Office Suites

About The Listing

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.


Listing courtesy of Joanna Hvezda, Real Estate by Jo, LLC
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Property Details

Features

 
 
 
Property Type: Commercial
Status: Active
Contingency Type: None
Year Built: 1956
MLS #: 7072947
Bedrooms: 0
Garage Spaces: 0
Parking Description: Asphalt, Guest Parking, Parking Lot, Paved Lot
Sewer Description: City Sewer/Connected
Air Conditioning Type: Central Air
Water: City Water/Connected
Heat Type: Forced Air
Basement: None
Foundation Type: Slab
Construction Description: Concrete, Frame
Roof Description: Age Over 8 Years, Flat
Days On Market (Continuous): 0
Disability Features: Doors 36"+, Grab Bars In Bathroom, No Stairs External, No Stairs Internal, Partially Wheelchair
Latest Update: 05/27/2026
List Date: 05/18/2026
Listing Agent ID: 500000408
Listing Office: Real Estate by Jo, LLC
Listing Office ID: 29309
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Electric Water Heater
Flooring: Carpet, Luxury Vinyl Tile
Exterior Features: Stucco, Wood
Lot Dimensions: 60x135x60x135
Lot Size: 0.185 Acres
Lot Features: Tree Coverage - Light
School District: Alexandria
Tax Year: 2026
Estimated Taxes: $6,672
Contingency Type: None
City: Alexandria
Zip: 56308
County: Douglas
Subdivision: Lakeside Add
State: MN
Listing last updated: 05/27/26

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