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Active
$599,900
/mo Edit
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

    Contingency: None
    City: Alexandria
    County: Douglas
    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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    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.