REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Fri

Jul

Sat

Jul

Sun

Jul

Kari Francois

kari.destinationsre@gmail.com +1(715) 977-1344

$ 599,900

Est. payment | -/mo

8,712 Sqft Lot

Save Virtual Tour

$ 599,900

Est. payment | -/mo

Save Virtual Tour

8,712 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Original Alexandria

MLS Listing ID 6751276

Year Built 1972

Annual Tax Amount $7,242

Tax Year 2025

Contingent None

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 55x151

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.

Location

State MN

County Douglas

Zoning Business/Commercial

Rooms

Kitchen Cookware/Utensils, Prep Station, Refrigerator, Shelving and Racks, Walk-In Cooler/Freezer, Dishwasher, Flat Top, Freezer, Fryer, Ice Machine, Oven, Pre-Piped Fire Suppression System

Interior

Heating Forced Air

Cooling Central Air

Inclusions Building, Business Assets, Business, Fixture/Equipment, Land, Leases, Liquor License

Fireplace No

Exterior

Parking Features Other, Parking Lot

Utilities Available Electric Common, Heating Common

Roof Type Age 8 Years or Less,Rubber

Present Use Food Service,Restaurant

Building

Story One

Foundation 3510

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One

Structure Type Brick/Stone

Schools

School District Alexandria

Others

Virtual Tour https://my.matterport.com/show/?m=X9ehscprtvP&mls=1

Listed by Carl Kvale • Kvale Real Estate

613 Broadway ST Alexandria, MN 56308