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Hetland Realty, LLC is the brokerage office representing the seller for this listing.
Copyright ©2026, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Gallery of Homes Group is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Gallery of Homes Group, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.
Copyright ©2026, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Gallery of Homes Group is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Gallery of Homes Group, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.
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{"Id":522262,"ORGTABLE":"RAW_Property","MLSCLASS":"COM","MLSNUMBER":"NST7017065","MLSAGENTID":"NST500001842","MLSOFFICEID":"NST252801","ADDRESS":"312 Spruce Street","ACRES":0.949,"AGENTOWNER":true,"AUCTIONYN":false,"BASEMENT":"Block,Partial,Concrete,Storage Space,Unfinished","CITY":"Alexandria","CONTINGENCY":"None","COUNTY":"Douglas","CURRENTUSE":"Commercial,Residential","DISTRIBUTEADDRESSTOINTERNET":true,"DISTRIBUTETOINTERNET":true,"EXTERIOR":"Block,Concrete","FORECLOSURE":"No","LASTPRICE":1100000.0,"LASTPRICEDATE":"2026-02-25T20:39:06.27","LATITUDE":45.888812,"LENDEROWNED":"No","LISTDATE":"2026-02-25T06:00:00","LISTPRICE":1100000.0,"LIVINGAREA":6700.0,"LONGITUDE":-95.359733,"MODIFICATIONTIMESTAMP":"2026-02-25T20:39:06.271","OFFICE_OFFICENAME":"Hetland Realty, LLC","PHOTOCOUNT":45,"POSTALCODE":"56308","POTENTIALSHORTSALE":"No","PRESENTUSE":"Yearly","PUBLICREMARKS":"For sale: 14 unit apartment building right off County Road 82 in the desirable, growing city of Alexandria. \nLarge, nearly acre lot with over 130ft of frontage. Expand the building for more income potential or sit back and enjoy the cashflow.\nMost of the units have been updated with only 1 left to bring up to speed. \nHeated 24x30 garage currently rented, full basement on the Southeast wing for easy access to mechanicals and or storage for tools, appliances etc...\nAlexandria is the perfect spot to start or expand your portfolio. With lots of infrastructure and employment opportunities, the city continues to lead a strong demand for housing. Most of the units being studio apartments, you'll find these easy to rent out and maintain. Reach out to view financials and see the competitive cap rate this property is offered at.","ROADBETWEENWATERFRONTANDHOMEYN":false,"ROOF":"Asphalt","SALEINCLUDES":"Building,Land,Leases","SCHOOLDISTRICTNUMBER":"1015-Alexandria","SCHOOLDISTRICTPHONE":"3207622141","SEWER":"City Sewer/Connected","STATEORPROVINCE":"MN","STATUS":"Active","STATUSDATE":"2026-02-25T20:39:06.27","LASTSTATUS":"Active","STREETNAME":"Spruce","STREETNUMBER":"312","STREETSUFFIX":"Street","TRANSACTIONTYPE":"For Sale","WATER":"City Water/Connected","WATERFRONTPRESENT":false,"YEARBUILT":1950,"ZONING":"Business/Commercial,Residential-Multi-Family","HASOPENHOUSE":false,"PHOTOTIMESTAMP":"2026-02-25T20:39:06.271","PHOTOREMARKS":"[{\"Order\":1,\"Remarks\":\"a-1.jpg\"},{\"Order\":2,\"Remarks\":\"a-3.jpg\"},{\"Order\":3,\"Remarks\":\"a-33.jpg\"},{\"Order\":4,\"Remarks\":\"a-34.jpg\"},{\"Order\":5,\"Remarks\":\"a-9.jpg\"},{\"Order\":6,\"Remarks\":\"a-31a.jpg\"},{\"Order\":7,\"Remarks\":\"a-23.jpg\"},{\"Order\":8,\"Remarks\":\"a-19.jpg\"},{\"Order\":9,\"Remarks\":\"a-17.jpg\"},{\"Order\":10,\"Remarks\":\"IMG_6079.jpeg\"},{\"Order\":11,\"Remarks\":\"IMG_6076.jpeg\"},{\"Order\":12,\"Remarks\":\"IMG_6061.jpeg\"},{\"Order\":13,\"Remarks\":\"IMG_6087.jpeg\"},{\"Order\":14,\"Remarks\":\"IMG_6089.jpeg\"},{\"Order\":15,\"Remarks\":\"IMG_6062.jpeg\"},{\"Order\":16,\"Remarks\":\"IMG_6056.jpeg\"},{\"Order\":17,\"Remarks\":\"IMG_6069.jpeg\"},{\"Order\":18,\"Remarks\":\"IMG_6058.jpeg\"},{\"Order\":19,\"Remarks\":\"IMG_6051.jpeg\"},{\"Order\":20,\"Remarks\":\"IMG_6074.jpeg\"},{\"Order\":21,\"Remarks\":\"IMG_6081.jpeg\"},{\"Order\":22,\"Remarks\":\"IMG_3642.jpeg\"},{\"Order\":23,\"Remarks\":\"IMG_3631.jpeg\"},{\"Order\":24,\"Remarks\":\"IMG_3628.jpeg\"},{\"Order\":25,\"Remarks\":\"IMG_3632.jpeg\"},{\"Order\":26,\"Remarks\":\"IMG_3638.jpeg\"},{\"Order\":27,\"Remarks\":\"IMG_3637.jpeg\"},{\"Order\":28,\"Remarks\":\"IMG_1715.jpeg\"},{\"Order\":29,\"Remarks\":\"IMG_1720.jpeg\"},{\"Order\":30,\"Remarks\":\"IMG_1706.jpeg\"},{\"Order\":31,\"Remarks\":\"IMG_1707.jpeg\"},{\"Order\":32,\"Remarks\":\"IMG_3205.jpeg\"},{\"Order\":33,\"Remarks\":\"IMG_3202.jpeg\"},{\"Order\":34,\"Remarks\":\"IMG_2016.jpeg\"},{\"Order\":35,\"Remarks\":\"IMG_2050.jpeg\"},{\"Order\":36,\"Remarks\":\"IMG_8645.jpeg\"},{\"Order\":37,\"Remarks\":\"IMG_8629.jpeg\"},{\"Order\":38,\"Remarks\":\"IMG_8638.jpeg\"},{\"Order\":39,\"Remarks\":\"IMG_8631.jpeg\"},{\"Order\":40,\"Remarks\":\"IMG_2019.jpeg\"},{\"Order\":41,\"Remarks\":\"IMG_2020.jpeg\"},{\"Order\":42,\"Remarks\":\"IMG_2088.jpeg\"},{\"Order\":43,\"Remarks\":\"IMG_2085.jpeg\"},{\"Order\":44,\"Remarks\":\"a-12.jpg\"},{\"Order\":45,\"Remarks\":\"a-27.jpg\"}]","PHOTOORDER":"1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25,26,27,28,29,30,31,32,33,34,35,36,37,38,39,40,41,42,43,44,45","SOURCE":"MG_NST"}
{"ListingKey":"NST7849948","AccessibilityFeatures":"No Stairs Internal","AdditionalParcelsYN":"False","NST_AgentOwner":"Yes","Appliances":"Dryer,Washer","LivingAreaUnits":"Square Feet","NST_AssessmentPending":"No","Basement":"Block,Partial,Concrete,Storage Space,Unfinished","BasementYN":"True","BuildingAreaTotal":"6700","CumulativeDaysOnMarket":"0","City":"Alexandria","PossibleUse":"Income","ConstructionMaterials":"Block,Concrete","NewConstructionYN":"False","Contingency":"None","NST_ForSaleOrLease":"For Sale","Cooling":"Window Unit(s)","CountyOrParish":"Douglas","CurrentUse":"Commercial,Residential","Directions":"From N Nokomis ST turn left onto 3rd Ave E. From there continue 0.4 miles. Turn right onto Spruce Street. Property is on you right.","DocumentsCount":"0","DaysOnMarket":"0","FoundationArea":"5200","NST_FoundationDimensions":"Irregular","NST_FractionalOwnershipYN":"No","NST_Fuel":"Natural Gas","NST_GarageSquareFeet":"720","NST_GarageDimensions":"30x24","NST_GarageDoorHeight":"7","NST_GarageDoorWidth":"8","GarageSpaces":"2","GrossIncome":"140520","Heating":"Boiler,Radiant","HighSchoolDistrict":"Alexandria","NST_ForeclosureStatus":"No","Inclusions":"Building,Land,Leases","InternetAddressDisplayYN":"True","InternetAutomatedValuationDisplayYN":"True","InternetConsumerCommentYN":"True","InternetEntireListingDisplayYN":"True","LandLeaseYN":"False","Latitude":"45.888812","NST_LenderOwned":"No","Levels":"One","ListPrice":"1100000","ListingContractDate":"2026-02-25T06:00:00Z","ListingId":"NST7017065","Longitude":"-95.359733","LotSizeArea":"0.949","LotSizeDimensions":"140x295x140x295","LotSizeUnits":"Acres","NumberOfUnitsTotal":"14","OriginalEntryTimestamp":"2026-02-25T14:34:45Z","NST_OwnerOccupied":"No","OwnerPays":"All Utilities","ParcelNumber":"632471000","NST_SchoolDistrictNumber":"1015","ParkingFeatures":"Detached Garage,Parking Lot,Paved Lot","PhotosCount":"45","PhotosChangeTimestamp":"2026-02-25T20:39:06.271Z","PostalCity":"Alexandria","PostalCode":"56308","NST_PotentialShortSale":"No","NST_PresentUse":"Yearly","PropertyType":"Commercial Sale","PublicRemarks":"For sale: 14 unit apartment building right off County Road 82 in the desirable, growing city of Alexandria. \nLarge, nearly acre lot with over 130ft of frontage. Expand the building for more income potential or sit back and enjoy the cashflow.\nMost of the units have been updated with only 1 left to bring up to speed. \nHeated 24x30 garage currently rented, full basement on the Southeast wing for easy access to mechanicals and or storage for tools, appliances etc...\nAlexandria is the perfect spot to start or expand your portfolio. With lots of infrastructure and employment opportunities, the city continues to lead a strong demand for housing. Most of the units being studio apartments, you'll find these easy to rent out and maintain. Reach out to view financials and see the competitive cap rate this property is offered at.","PublicSurveyRange":"37","PublicSurveySection":"20","PublicSurveyTownship":"128","NST_RentalLicenseType":"Standard","NST_RentalLicenseYN":"Y","Roof":"Asphalt","NST_SchoolDistrictPhone":"3207622141","Sewer":"City Sewer/Connected","NST_SharedRooms":"Other","StandardStatus":"Active","StateOrProvince":"MN","StreetName":"Spruce","StreetNumber":"312","StreetNumberNumeric":"312","StreetSuffix":"Street","SubdivisionName":"Holes 2nd Add","TaxAnnualAmount":"4236","NST_TaxWithAssessments":"4236","TaxYear":"2025","Township":"Alexandria","Utilities":"Electric Common,Heating Common,Hot Water Common","VideosCount":"0","WaterSource":"City Water/Connected","YearBuilt":"1950","ZoningDescription":"Business/Commercial,Residential-Multi-Family","ListAgentKey":"NST503521","ListAgentMlsId":"NST500001842","ListOfficeMlsId":"NST252801","ListOfficeName":"Hetland Realty, 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