Savvy Avenue
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Street View
$275,000
Monthly Est:$1,369
9 Beds
4 Baths
5,304sqft
1407 State Hwy 29 N, Alexandria, MN 56308
$275,000
$1,369/moEst:
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Quadruplex
Built in 1954
$-- HOA
1.01 acres lot
$52/sq.ft
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.
- Houzeo last checked: 15 minutes ago
- Listing updated: October 4, 2026 at 11:44 am
- Listing Provided by: Christopher B Sutton (320) 760-7375 | Century 21 First Realty, Inc. (320) 762-8070
- Source: Northstar MLS-MN | MLS#: 7067521
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1954
HOA Fees
-
Finished Area
5,304 sqft
Lot Size
1.01 acres lot
Basement Area
- sqft
MLS Name
Northstar MLS
MLS Number
7067521
Days on Market
23
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 4
Interior
Sewer
City Sewer/connected
Exterior Features
Vinyl, Wood
Heating
Baseboard, Forced Air
Construction
Year Built
Year Built: 1954
Home type
Quadruplex
Foundation Details
Block
Roof
Asphalt, Pitched, Unspecified Shingle
Construction Materials
Frame
Utilities & Energy
Parking Features
Gravel, Paved Lot
Basement
Block, Finished, Full
Electric
Circuit Breakers
Water Source
Drilled, Private, Well
Pool Features
None
Other Features
Tenant Pays
Broadband, Cable Tv
Price History
| Date | Event | Price |
|---|---|---|
10/04/2026 Source: | Listed for Sale | $275,000 -5.17% $52/sqft |
07/26/2025 Source: | Price Increased | $290,000 +70.59% $55/sqft |
05/17/2022 Source: | Price Increased | $170,000 +9.68% $32/sqft |
04/09/2021 Source: | Sold | $155,000 -16.17% $29/sqft |
04/08/2021 Source: | Listing Removed | $184,900 $35/sqft |
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Based on information submitted to the MLS GRID from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC through Oct 08, 2026, 09:01AM. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. All data is obtained from various sources and may not have been verified by the 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.
Information deemed reliable but not guaranteed. The property data presented reflects information otherwise available from public records. The real estate broker participating in MLS and providing this information may not have represented the buyer or seller in some or all of the transactions. Listings courtesy of Northstar MLS as distributed by MLS GRID. © 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Advertising Broker: Moe Mossa (Savvy Avenue) (612) 490-1268 | Savvy Avenue, LLC