201 S Broadway Avenue, Albert Lea, MN 56007 (MLS# 6121548)
$1,300,000
Albert Lea, MN 56007
MLS# 6121548
Status: Closed
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Property Description
If you dream big here is a breath taking, professionally designed, fully furnished, turn-key, office or mixed-use space available in an award winning, very classy, historic downtown building. This world class complete office or mixed-use suite including all the furnishings is available. Take advantage of a rare chance to own one of the nicest commercial properties in the Midwest in an absolutely beautiful historic downtown in Southern Minnesota. Fully finished and furnished main floor and mezzanine level, with unfinished upper floor(s) prepped and ready for restoration. Plumbing, electrical, sprinkler and HVAC systems fitted for floor-by-floor expansion.
Details
Maps
Contract Information
Availability: Available
Status: Closed
Off Market Date: 2023-03-20
Current Price: 1200000
Closed Date: 2023-09-28
Sales Close Price: 1200000
Contingency: None
ListPrice: 1300000
List Date: 2021-10-29
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: Yes
Year Built: 1922
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Other
Foundation Size: 5449
For Sale or Lease: For Sale
Acres: 0.08
Lot Dimensions: 44.75x122
Location Tax and Other Information
House Number: 201
Street Direction Prefix: S
Street Name: Broadway
Street Suffix: Avenue
Postal City: Albert Lea
County: Freeborn
State: MN
Zip Code: 56007
Assessments
Tax With Assessments: 8144
Basement
Foundation Dimensions: 44.75x122
Building Information
Building Finished SqFt: 6378
Building SqFt: 11827
Lease Details
Land Leased: Not Applicable
Lock Box Type
Lock Box Source: SEMR
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Sale Options
Sale Includes: Fixture/Equipment, Other
Unit Details
Total Units: 2
Property Features
Accessible: Doors 36"+; No Stairs Internal
Air Conditioning: Central Air
Basement: Full
CMU Style: Apartments and Retail; Apartments/Multi Family; Business Opportunity; High Rise; Office; Other; Retail/Shopping Center
Construction Status: Previously Owned
Current Use: Business Service; Commercial; Professional Service
Exterior: Other
Financing Terms: Cash
Fuel: Natural Gas
Heating: Forced Air
Lease Details: Other
Loan Terms: Cash; Other
Location Description: Downtown
Lock Box Type: None
Lot Description: Corner Lot
On Site Utilities: Electric Separate; Heating Separate
Parking Characteristics: Gravel Lot; Unassigned
Sewer: City Sewer/Connected
Tenant Pays: Electricity; Fuel; Taxes; Water
Water: City Water/Connected
Listing Office: Robert Hoffman Realty Inc.
Last Updated: August - 07 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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