For Sale: Alexandria MLS# 6751276
Active
$579,900
Commercial: 1 Story
Built 1972
0.2 acres
Alexandria schools
MLS# 6751276
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Property Description
Calling serious restaurateurs only! Here's your chance to own not only a piece of downtown Alexandria history, but also a highly respected eatery known as "LaFerme". Owned and curated by Chef Matthew Jensen for the past 12 years, the system is in place to succeed! Everything is included to simply walk into an award winning, well established, and locally loved restaurant! All equipment, business brand, recipes (the REAL VALUE) and training by a classically trained chef of 23 years (limitations apply) who gained certification from the Pasadena School of Culinary Arts. There's seating for over 60 patrons with a classic french bistro theme, as well as outdoor seating both front and back. This building is a literal vault, hey it used to be a bank after all...with concrete construction this will be the last building standing and there is expansion space in the lower level, or an extra revenue generating space with its own access from the sidewalk, perfect to sub lease, equipped with two bathrooms needing an update but having the necessary plumbing. Private parking PLUS public parking behind the building offers patrons easy access, not to mention the sidewalk traffic of a bustling downtown district. New roof and AC units just installed offer peace of mind that those costs are taken care of, and the kitchen is fitted with all-owned equipment and walk in food storage. Current beer and wine license in place and a new owner could apply for a full liquor license to bring in further revenue. Only serious inquiries and proof of financing will be required to view the property.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$579,900
Property Type:
Commercial
City:
Alexandria
Garage Spaces:
0
County:
Douglas
Year Built:
1972
State:
MN
Property Style:
1 Story
Zip Code:
56308
Subdivision Name:
Original Alexandria
Interior
Ceiling Height:
11-15
Exterior
Stories:
One
Garage Spaces:
0
Other Parking Spaces:
7
Air Conditioning:
Central Air
Foundation Size:
3,510 ft2
Foundation Dimensions:
55x67
Handicap Accessible:
No Stairs External, No Stairs Internal
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Other
- Parking Lot
Road Frontage:
City Street
Exterior Material:
Brick/Stone
Roof Details:
- Age 8 Years or Less
- Rubber
Lot & Land
Acres:
0.2
Geolocation:
45.8854017464, -95.3772726528
Inclusions:
Building, Business Assets, Business, Fixture/Equipment, Land, Leases, Liquor License
Lot Dimensions:
55 x 151
Zoning:
Business/Commercial
Schools
School District:
206
District Phone:
320-762-2141
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$7,242
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,242
Units
Total Units:
1
Miscellaneous
Current Use:
- Food Service
- Restaurant
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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Listing provided by RMLS,
courtesy of Kvale Real Estate.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.