1407 State Highway 29 N Alexandria, MN 56308
Listing Courtesy of: MLS LogoNORTHSTAR MLS as distributed by MLS GRID / Listed By: Chris Sutton, Century 21 First Realty

  1407 State Highway 29 N Alexandria, MN 56308

Active
$320,000 (USD)
9
BED
4
BATH
5,304
SQFT

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.

MLS #:
7067521
Taxes
$3,606(2026)
Lot Size
1.01 acres
Type
Multifamily
Year Built
1954
Style
Two
School District
Alexandria
County
Douglas County

Listed By

Chris Sutton, Century 21 First Realty
Source
NORTHSTAR MLS
Last checked Sep 14 2026 at 10:50 PM GMT+0000
Bathroom Details
Heating and Cooling
  • Forced Air
  • Baseboard
Basement Information
  • Full
  • Finished
  • Block
Pool Information
  • None
Exterior Features
  • Roof: Pitched
  • Roof: Unspecified Shingle
  • Roof: Asphalt
Utility Information
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas, Electric
Parking
  • Paved Lot
  • Gravel
Stories
  • 2
Living Area
  • 5,304 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by C21 First Realty, Inc. and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than First Realty, Inc. are marked with the Broker Reciprocity SM logo or the Broker Reciprocity SM thumbnail logo and detailed information about them includes the name of the listing brokers.Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.© 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Based on information submitted to the MLS GRID as of 9/14/2026 22:50. 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.