403 Broadway Street, Alexandria, MN 56308

New Listing
$3,300
Property Type: Commercial Lot Size (sq. ft.): 0 Status: Active
Current Price: $3,300 List Date: 6/04/2026 Last Modified: 6/04/2026

Overview

Description

Exceptional leasing opportunity in a highly visible downtown location on Broadway in Alexandria. This approximately 3,000-square-foot space features a mostly open floor plan, offering flexibility for a variety of retail, showroom, office, or service-based businesses. Large display windows and a sidewalk display area provide outstanding exposure and curb appeal, while the open layout allows you to customize the space to fit your business needs. Additional features include high ceilings, a private office area in the rear, and bonus storage space in the lower level. Convenient access from the alley includes parking for up to six vehicles for employees, along with ample street parking on Broadway and 4th Avenue for customers. The current tenant is relocating his business to a larger facility at there 2nd location on Nokomis St, creating a rare opportunity to establish your business in one of downtown Alexandria’s most prominent locations. Now is the time to make plans to schedule a sh ...

Listing Details MLS# 7086881

General Property Information

Lot Measurement
Square Feet
Multiple PIDs?
No
Other Parking Spaces
6
Year Built
1948
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Lot Size SqFt
0.1
Foundation Size
3015
Power Company
Alexandria Light & Power
For Sale or Lease
For Lease
Lot Dimensions
30 x 150 x 30 x 150
Assessment Pending
No
Garage Stalls
0

Property Features

Accessible: Fully Wheelchair; No Stairs Internal Air Conditioning: Ductless Amenities Shared: None Amenities Unit: City View Basement: Concrete Block; Partial; Storage Space; Unfinished CMU Style: Business Opportunity; Mixed Use; Retail/Shopping Center Construction Materials: Block; Brick; Concrete; Frame Construction Status: Previously Owned Current Use: Business Service; Commercial; Retail Exterior: Block; Brick/Stone Foundation: Concrete Block; Permanent; Stone Fuel: Electric; Natural Gas Heating: Boiler Lease Details: Gross; Other Loan Terms: Lease Purchase Location Description: Downtown Lock Box Type: None Lot Description: Zero Lot Line Miscellaneous Information: 220 Volt; Display Window; Exterior Lighting On Site Utilities: Electric Common; Heating Common; Hot Water Common Owner Pays: Insurance; Maintenance/Repair; Taxes Parking Characteristics: Parking Lot Potential Use: Diversified; Income; Lounge/Bar; Office; Other; Professional; Rest/Lounge; Restaurant; Retail Rent Rate per Foot: Gross; Other; Per Foot; Per Month Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; State Road; Storm Sewer; Street Lights Road Responsibility: Public Maintained Road Sewer: City Sewer/Connected Stories: One Tenant Pays: All Utilities; Insurance; Janitorial Service; Security Wall Description: Concrete/Block Water: City Water/Connected Window Features: Bay Window(s); Display Window(s)

Contract Information

Original List Price
3300
Contingency
None
ListPrice
3300
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
403
Street Name
Broadway
Street Suffix
Street
Postal City
Alexandria
County
Douglas
State
MN
Zip Code
56308
Complex/Dev/Subdivision
Original Alexandria

Assessments

Tax With Assessments
3336
Assessment Balance
0

Basement

Foundation Dimensions
30x98x30x98
Concrete Block
Yes
Partial
Yes
Storage Space
Yes
Unfinished
Yes

More Information

Building Information

Building Finished SqFt
3015
Building SqFt
3015
Ceiling Height
8-10

Lease Details

Land Leased
Not Applicable
Lease Amount Type
Monthly
Lease Expiration Date
2029-08-31
Gross
Yes
Other
Yes

Miscellaneous Information

Homestead
No
220 Volt
Yes
Display Window
Yes
Exterior Lighting
Yes

Ownership

Fractional Ownership
No

Public Survey Info

Range#
37
Section#
19
Township#
128

Sale Options

Sale Includes
Building, Leases, Other

Unit Details

Total Units
Yes

Office/Member Info

Association
GAAAR

Location, Tax and Other Information

Legal Description
SEC-19 TWP-128 RANG-37 ORIGINAL ALEXANDRIA S 1/2(30') OF LOT 6 BLK 80
Listing City
Alexandria
Map Page
999
Municipality
Alexandria
School District
Alexandria
School District Phone
320-762-2141
Zip Plus 4
1420
Property ID Number
631035000
Tax Year
2026
Tax Amount
3336
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Exceptional leasing opportunity in a highly visible downtown location on Broadway in Alexandria. This approximately 3,000-square-foot space features a mostly open floor plan, offering flexibility for a variety of retail, showroom, office, or service-based businesses. Large display windows and a sidewalk display area provide outstanding exposure and curb appeal, while the open layout allows you to customize the space to fit your business needs. Additional features include high ceilings, a private office area in the rear, and bonus storage space in the lower level. Convenient access from the alley includes parking for up to six vehicles for employees, along with ample street parking on Broadway and 4th Avenue for customers. The current tenant is relocating his business to a larger facility at there 2nd location on Nokomis St, creating a rare opportunity to establish your business in one of downtown Alexandria’s most prominent locations. Now is the time to make plans to schedule a showing.
Directions
403 Broadway Alexandria.

Accessible

Fully Wheelchair
Yes
No Stairs Internal
Yes

Air Conditioning

Ductless
Yes

Amenities Shared

None
Yes

Amenities Unit

City View
Yes

Construction Materials

Block
Yes
Brick
Yes
Concrete
Yes
Frame
Yes

Construction Status

Previously Owned
Yes

Exterior

Block
Yes
Brick/Stone
Yes

Foundation

Concrete Block
Yes
Permanent
Yes
Stone
Yes

Fuel

Electric
Yes
Natural Gas
Yes

Heating

Boiler
Yes

Lock Box Type

None
Yes

Lot Description

Zero Lot Line
Yes

Owner Pays

Insurance
Yes
Maintenance/Repair
Yes
Taxes
Yes

Parking Characteristics

Parking Lot
Yes

Road Frontage

City Street
Yes
Curbs
Yes
Paved Streets
Yes
Sidewalks
Yes
State Road
Yes
Storm Sewer
Yes
Street Lights
Yes

Road Responsibility

Public Maintained Road
Yes

Sewer

City Sewer/Connected
Yes

Stories

One
Yes

Wall Description

Concrete/Block
Yes

Water

City Water/Connected
Yes

Window Features

Bay Window(s)
Yes
Display Window(s)
Yes

Tenant Pays

All Utilities
Yes
Insurance
Yes
Janitorial Service
Yes
Security
Yes

On Site Utilities

Electric Common
Yes
Heating Common
Yes
Hot Water Common
Yes

CMU Style

Business Opportunity
Yes
Mixed Use
Yes
Retail/Shopping Center
Yes

Current Use

Business Service
Yes
Commercial
Yes
Retail
Yes

Loan Terms

Lease Purchase
Yes

Location Description

Downtown
Yes

Potential Use

Diversified
Yes
Income
Yes
Lounge/Bar
Yes
Office
Yes
Other
Yes
Professional
Yes
Rest/Lounge
Yes
Restaurant
Yes
Retail
Yes

Rent Rate per Foot

Gross
Yes
Other
Yes
Per Foot
Yes
Per Month
Yes
IDX
Listing Office: Century 21 First Realty, Inc.
Last Updated: June - 04 - 2026
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. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.