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$355,000 -$40,000 (-10.13%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 3,152 Sq. Ft.
  • 1.04 Acres
  • Updated 3 days ago
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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!

Full Property Details for 1205 N Nokomis NE

General

  • Price: $355,000
  • Taxes: $7,494 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6824339
  • Updated: 5/13/2026
  • Added to Site: 160 day(s) ago

Interior

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Flooring: Carpet, Vinyl

Additional Information

  • Amenities: Kitchen Window, Porch, Washer/Dryer Hookup

Exterior

  • Porch/Patio/Deck: Front Porch

Parking

  • Garage: Yes
  • Garage Description: 40 x 24
  • Garage Spaces: 4
  • Parking Features: Detached Garage, Multiple Garages, Parking Garage, Parking Lot

Location

  • County: Douglas
  • Township: Alexandria
  • Subdivision: Aud Sub
  • Driving Directions: From Alexandria Highway 29 North to N Nokomis follow to property on the right.

School Information

  • School District: 206 - Alexandria
  • High School District: Alexandria

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: Well
  • Utility Description: Electric Separate

Structural Information

  • Exterior Const.: Frame
  • Basement: Yes
  • Basement Desc.: Partial, Concrete, Storage Space, Unfinished
  • Foundation Size: 1233
  • Roof: Asphalt, Pitched
  • Ceiling Height: Less Than 8 Feet
  • Disability Access: None
  • Square Feet: 3,152
  • Finished Down/Base.: 3,152 Sq. Ft.
  • Current Bldg. Use: Vacant
  • Year Built: 1900

Unit Information

  • Units w/Refrigerators: 1

Lot Features

  • Lot Size (Acres): 1.04
  • Lot Dimensions: 130 x 349 x 130 x 349
  • Frontage: City Street
  • Potential Use: Office, Other, Professional Service, Rest/Lounge, Restaurant, Retail, Shop, Warehouse, Diversified, Wholesale, Grocery, Income, Lounge/Bar, Medical/Dental, Motel/Hotel
  • Zoning: Business/Commercial
  • Lot Description: Light Tree Coverage

Financial Considerations

  • Tax Amount: $7,494
  • Tax Year: 2025
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: SEC-17 TWP-128 RANG-37 S 129.50' OF N 329.50' OF W 350' OF LOT A "AUD SUB OF W2NW4" AC 1.04
  • Inclusions: Building
  • Property ID: 630383235

Listed by Century 21 First Realty, Inc.

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— 1205 N Nokomis NE —

  • Century 21 First Realty, Inc.

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 1205 N Nokomis NE

School District:Alexandria Public School District
NameGradesDistance
Voyager Elementary School
203 Voyager Drive, Alexandria, MN 56308
K-60.6 mi
Discovery Junior High School
510 North Mc Kay Avenue Northeast, Alexandria, MN 56308
7-90.7 mi
Alexandria Area High School
4300 Pioneer Road Southeast, Alexandria, MN 56308
10-123.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1205 N Nokomis NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/13/2026
Price Reduced
$355,000
-10.13%
MLS
12/08/2025
Listed
$395,000
12.86%
MLS
1/08/2021
Sold
$350,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1205 N Nokomis NE

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,494
—
$444,000
10%
2023
$7,470
-5%
$402,300
7%
2022
$7,828
30%
$375,300
5%
2021
$6,012
-2%
$357,700
8%
2018
$6,150
5%
$331,300
2%
2019
$5,846
4%
$325,800
4%
2018
$5,630
-10%
$313,900
3%
2017
$6,242
-7%
$305,200
4%
2016
$6,700
—
$293,522
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1205 N Nokomis NE

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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Listed by Century 21 First Realty, Inc.

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1205 N Nokomis NE, Alexandria, MN 56308 (MLS# 6824339) is a Commercial property. 1205 N Nokomis NE is currently listed for $355,000 and was received on December 08, 2025. Want to learn more about 1205 N Nokomis NE? Do you have questions about finding other Commercial real estate for sale in Alexandria? You can browse all Alexandria real estate or contact a Coldwell Banker agent to request more information.

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