, Albert Lea, MN 56007 (MLS# 7036230)


$209,900
Albert Lea, MN 56007
MLS# 7036230
1591 sqft


Albert Lea, MN 56007
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Albert Lea, MN 56007 Albert Lea, MN 56007 Albert Lea, MN 56007 Albert Lea, MN 56007 Albert Lea, MN 56007 Albert Lea, MN 56007 Albert Lea, MN 56007 Albert Lea, MN 56007 Albert Lea, MN 56007 Albert Lea, MN 56007 Albert Lea, MN 56007 Albert Lea, MN 56007 Albert Lea, MN 56007 Albert Lea, MN 56007 Albert Lea, MN 56007 Albert Lea, MN 56007 Albert Lea, MN 56007 Albert Lea, MN 56007 Albert Lea, MN 56007 Albert Lea, MN 56007 Albert Lea, MN 56007 Albert Lea, MN 56007 Albert Lea, MN 56007 Albert Lea, MN 56007 Albert Lea, MN 56007 Albert Lea, MN 56007 Albert Lea, MN 56007 Albert Lea, MN 56007 Albert Lea, MN 56007 Albert Lea, MN 56007 Albert Lea, MN 56007 Albert Lea, MN 56007 Albert Lea, MN 56007

Property Description
Look no further! If you’ve been searching for the perfect location to run the business you’ve always dreamed of, this could be the opportunity you’ve been waiting for. Located on the corner of SE Marshall St. and E. Main St., this property offers excellent visibility from both roads, with E. Main St. seeing approximately 15,200 trips count . The building features 1,566 square feet and has been extensively renovated with many newer upgrades. Improvements include roof, siding, exterior paint, windows, commercial exterior doors, partial new construction, insulation, sheetrock, interior paint, updated electrical service, plumbing, water heater, and two mini-split heat pump/air conditioning units, 3 entry doors, along with additional updates throughout. The property also includes a bathroom and mechanical room. Outside, you’ll find a large parking lot for customers, plus the added bonus of a two-stall garage for storage or additional workspace. The possibilities here are endless—start a new business, relocate your existing business, or convert the space for retail, office, or service use. Conveniently located just two blocks from beautiful Fountain Lake, this commercial property offers both visibility and opportunity. Priced to sell—don’t miss out on this great opportunity!

Details
Contract Information
Status: Active
Current Price: 209900
Contingency: None
ListPrice: 209900
List Date: 2026-03-14
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1988
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 1591
Garage Stalls: 2
For Sale or Lease: For Sale
Acres: 0.52
Lot Dimensions: 115' x 124'
Assessment Pending: Yes
Location Tax and Other Information
Postal City: Albert Lea
County: Freeborn
State: MN
Zip Code: 56007
Assessments
Assessment Balance: 14821
Assessment Installment: 1904.97
Tax With Assessments: 6512
Basement
Foundation Dimensions: 79' x 26'
Building Information
Building Finished SqFt: 1566
Building SqFt: 1591
Ceiling Height: 8-10
Lease Details
Land Leased: Not Applicable
Lock Box Type
Lock Box Source: SEMR
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 26' x 24'
Garage Square Feet: 624
Sale Options
Sale Includes: Building
Unit Details
Total Units: 1
Property Features
Accessible: Door Lever Handles; Doors 36"+; Grab Bars In Bathroom
Air Conditioning: Dual
Assumable Loan: Not Assumable
Basement: None
CMU Style: Mixed Use; Office; Retail/Shopping Center; Storage Unit
Construction Materials: Frame
Construction Status: Previously Owned
Current Use: Commercial; Vacant
Existing Financing: Conventional
Exterior: Fiber Board
Fencing: None
Flooring: Concrete Slab
Foundation: Permanent; Slab
Fuel: Electric; Natural Gas
Internet Options: Cable
Loan Terms: Cash; Contract for Deed; Conventional
Lock Box Type: Supra
Lot Description: Corner Lot; Tree Coverage - Light; Underground Utilities
Miscellaneous Information: Out Buildings; Overhead Doors; Single Phase
On Site Utilities: Electric Common
Overhead Door Clearance: 0-9 Feet
Parking Characteristics: Parking Lot; Gravel Lot
Pool Description: None
Potential Use: Office; Other; Retail; Wholesale
Road Frontage: City Street; County Road; Curbs; Paved Streets; Sidewalks; State Road; Storm Sewer; Street Lights
Road Responsibility: Public Maintained Road
Roof: Age 8 Years or Less; Architectural Shingle; Asphalt Shingles; Pitched
Sewer: City Sewer/Connected
Stories: One
Topography: Gently Rolling
Wall Description: Drywall; Finished; Insulated
Water: City Water/Connected
Window Features: Aluminum Frames; Double Pane Windows; Insulated Windows

Listing Office: Unique Realty

Last Updated: July - 03 - 2026

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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