MN
Douglas
Alexandria
56308
510 3rd W Avenue
510 3rd W Avenue, Alexandria, MN 56308
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Listing Type
Commercial/Industrial
Listing Status
active
26
$995,000

Home Details for 510 3rd W Avenue

Price
$995,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1948
Lot size acres
2.04
County
Douglas
Garage
1
Days on site
75
MLS Listing#
6746668
Property Description

Commercial 30-Unit Apartment Building for Sale on Lake Winona, Alexandria, MN Seize this rare opportunity to own a 30-unit apartment building situated on the shores of Lake Winona in the heart of Alexandria, MN. This commercial property offers lakefront views and endless potential for real estate investors looking to build equity through strategic improvements or a bold redevelopment. Property Highlights: Unbeatable Location: Nestled in-town with direct access to Lake Winona, offering stunning water views and a serene setting that tenants will love. 30 Units with Growth Potential: Increase occupancy and revenue through targeted upgrades or reimagine the property entirely with a new development to maximize its value. Investor’s Dream: Perfect for those ready to invest sweat equity into a property with immense upside. Whether you renovate the existing structure or start fresh, this lakefront gem is brimming with possibilities. Prime Redevelopment Opportunity: The expansive lot and prime location make this property ideal for a visionary redevelopment project, capitalizing on Alexandria’s growing demand for modern housing. Central Accessibility: Located in the heart of Alexandria, close to local amenities, shopping, dining, and recreational activities, making it highly desirable for tenants. Why Invest Here? This Lake Winona property is a rare find, combining a sought-after in-town location with the natural beauty of lakefront living. With the potential to boost occupancy, modernize units, or redevelop the site, this is an unparalleled opportunity to create significant equity in a thriving market. Alexandria’s vibrant community and growing economy make this an ideal investment for those looking to capitalize on a property with both immediate cash flow potential and long-term development prospects. Contact us today to schedule a viewing or request more details!

Property Features
  • Heating Information
    • Electric
    • Natural Gas
    • Baseboard
  • Parking
    • Parking Lot
    • Paved
  • Waterfront and Water Access
    • Lake Front
  • Cooling Information
    • Wall Unit(s)
  • Water Features
    • Public
  • Utilities
    • None
Listing Courtesy: ConnCrete Realty Solutions - 320-766-3111
NorthstarMLS logo Based on information submitted to the MLS GRID as of 2025-09-04 06:14:49. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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EXIT REALTY HOMETOWN ADVANTAGE
209 1st Street NE, Little Falls, MN 56345
Office
320 414 0202
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