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$1,100,000

For Sale

2 months ago

312 Spruce St, Alexandria, MN

House

MLS® 7017065

0 Bed

0 Bath

--

2 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage Yes
Taxes $4,236
Days Active 59
Lot Size 
Approx. Age 1950
MLS® Number 7017065

Property Address: 312 Spruce St, Alexandria, MN, 56308-2063

Average square foot calculated using Size range provided by listing agent.

Description

For sale: 14 unit apartment building right off County Road 82 in the desirable, growing city of Alexandria. Large, nearly acre lot with over 130ft of frontage. Expand the building for more income potential or sit back and enjoy the cashflow. Most of the units have been updated with only 1 left to bring up to speed. Heated 24x30 garage currently rented, full basement on the Southeast wing for easy access to mechanicals and or storage for tools, appliances etc... Alexandria is the perfect spot to start or expand your portfolio. With lots of infrastructure and employment opportunities, the city continues to lead a strong demand for housing. Most of the units being studio apartments, you'll find these easy to rent out and maintain. Reach out to view financials and see the competitive cap rate this property is offered at.
MLS® Number7017065
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1950
BasementBlock, Partial, Concrete, Storage Space, Unfinished
DrivewayDetached Garage, Parking Lot, Paved Lot
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 25, 2026List Date
$1,100,000List Price
  • Commute

Commute

Starting Address
Destination Address
312 Spruce St, Alexandria, MN

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