Prime Location on N Nokomis! High visibility and steady traffic make this 1-acre property an exceptional opportunity for both commercial and residential use. Located in the desirable B-1 General Business district, it offers outstanding market presence and a wide range of permitted uses. Ideal for retail, professional services, or customer-facing businesses, this property also features a solid 4-bedroom, 2-story single-family residence—perfect for owner occupancy, rental income, or conversion into office space. With approximately 3,000 sq. ft., the home is suitable for year-round use and includes over 1,200 sq. ft. on the main level, featuring a kitchen, dining room with fireplace, living room, porch, entry/laundry room, and a main-floor bath. The upper level offers four bedrooms and an additional bath. Two detached outbuildings, each approximately 24' x 40', provide excellent options for garage space, storage, or expanded business operations. Whether you're looking to establish your business, generate rental income, or utilize both, this versatile property in a highly sought-after location is worth a serious look. Explore the potential today!
Based on the average sale price from the Faribault, MN office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
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1205 N Nokomis Alexandria, MN is a Single Family Home for sale at $325000 with 2980 sqft and a lot size of 1.04 Acres Acre(s). 1205 N Nokomis Alexandria has 4 bedrooms, 1 baths and was built in 1900. The property's zip code is 56308 which is in Alexandria, MN
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.