1407 State Highway 29 N, Alexandria, Minnesota 56308

MN, Alexandria
$320,000
  • 9 Beds
  • 4 Bath
  • Residential Income Property Type
  • 1954 Year Built
  • Active Status
See All 38 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

A unique redevelopment opportunity with excellent visibility and potential! This property has operated as a 4-unit apartment building for many years with very little vacancy. The owners have vacated all tenants and completed the interior demolition in preparation for renovation, giving the next owner a blank slate to finish the project.
The City of Alexandria has expressed interest in having this property become commercially zoned, offering potential for a variety of business uses. Complete the demolition and build your business here!
City water has been stubbed to the property, with the assessment already paid. A private well with a newer pump currently serves the property. The large, beautiful yard features mature trees, excellent visibility and exposure along Hwy 29, and a scenic stream flowing through the property between Lakes Geneva and Le Homme Dieu.
Bring your vision and make this highly visible property your next business or investment opportunity!
All offers must include an “As Is” Addendum.

Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 7067521
  • Price: $320,000
  • Year Built: 1954
  • Listing Status: Active
  • Office Name: Century 21 First Realty, Inc.
  • Property Sub Type: Fourplex
  • Roof: Asphalt,Pitched,Unspecified Shingle
Features
  • Swimming Pool None
  • Heating System Forced Air,Baseboard
  • Basement Full,Finished,Block
  • Parking Gravel,Paved Lot
  • Exterior Features Vinyl,Wood
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Douglas
  • City Alexandria
  • Zipcode 56308
  • Street: State Highway 29
  • Street Number: 1407
  • Longitude: W96° 38' 38.8''
  • Latitude: N45° 54' 14.7''
  • Directions: From Alexandria, State Hwy 29 N to left on Northside Drive to home on right.
  • Street Dir Suffix: N
Neighborhood
  • High School District: Alexandria
MLS Addon
  • Office Name: Century 21 First Realty, Inc.
Additional Information
  • Water Source: Well,Private,Drilled
  • Accessibility Features: None
  • Building Size: 5304
  • Construction Materials: Frame
  • Electric: Circuit Breakers
  • Foundation Details: Block
  • Levels: Two
  • Lot Size Dimensions: 167x262x168x263
  • Number Of Units Total: 4
Financial
  • Tax Annual Amount: 3606
Listing Information
  • List Agent Mls Id: 500000163
  • List Office Mls Id: 29342
  • Modification Timestamp: 2026-09-18T21:05:07Z
  • Originating System Name: NorthStar
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