Affinity Real Estate in Park Rapids MN
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MLS 7067521
Residential 9 bedrooms 4.00 baths

$320,000

1407 N State Highway 29
Alexandria MN 56308

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.

Additional Details

Year Built: 1954
Living Area: 5304 sf
Bedrooms: 9
Bathrooms: 4
Acres: 1.01 Acres
Lot Dimensions: 167x262x168x263
School District: 206
County: Douglas
Taxes: $3,606
Taxes with Assessments: $3,650
Tax Year: 2026

Additional Features

Basement: Block, Finished, Full
Fuel: Electric, Natural Gas
Sewer: City Sewer/Connected
Water: Drilled, Private, Well
Roof: Asphalt, Pitched, Unspecified Shingle
Electric: Circuit Breakers

Listing Status

Active
2026-09-14 18:23:20 Date Listed
2026-09-14 18:23:20 Last Update
2026-09-14 18:23:20 Last Photo Update

Listed by Century 21 First Realty, Inc.

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Affinity Real Estate Inc
600 Park Avenue South / PO Box 512
Park Rapids, MN 56470

218-237-3333

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216.73.217.15

Affinity Real Estate in Park Rapids MN
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