My notes for this property


Add listing to my favorites (required)
Active NEW!
$245,000
/mo Edit
Commercial:  1 Story
Built 1988
0.52 acres
Albert Lea schools
MLS# 6798616
My rating:
Request a Showing  
Agent
Ask the Agent

Ask the Agent

    Property inquiries submitted online are continually monitored to provide the best possible service.







    Thank You!

    An agent will be in contact with you soon to answer your question.

    Property Description

    This commercial property is located on a corner of East Main St. and Marshall Street which provides one of the highest daily traffic counts in the community of Albert Lea. The adjacent daily trip traffic count for East Main Street here is 15, 200 trips and provides great exposure to these adjacent roadways. This building has many recent upgrades which include the following: new roof, siding, exterior paint, windows, commercial exterior doors, partial new building construction, insulation, new electric service panel, sheetrock, interior paint, unisex restroom, water heater, plumbing, 2-mini-split combination heat pumps and air conditioners and more. This listing provides great commercial opportunities either your existing business or planned new start up business. Schedule a tour of this property today.

    Listing

    Contingency: None
    City: Albert Lea
    County: Freeborn
    State: MN
    Property Style: 1 Story
    Zip Code: 56007

    Interior

    Ceiling Height: 8-10
    Ranges: None
    Refrigerators: None
    Appliances Included: Electric Water Heater
    Basement Details: None

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Dimensions: 26' x 24'
    Garage Size: 624 ft2
    Other Parking Spaces: 0
    Air Conditioning: Dual
    Foundation Size: 1,591 ft2
    Foundation Dimensions: 79' x 26'
    Handicap Accessible: Doors 36"+, Grab Bars In Bathroom, Door Lever Handles
    Road Responsibility: Public Maintained Road
    Heating System: Ductless Mini-Split
    Parking Features:
    • Detached
    • Gravel
    • Parking Lot
    Road Frontage:
    • City Street
    • County Road
    • Curbs
    • Sidewalks
    • State Road
    • Storm Sewer
    • Street Lights
    • Unpaved Streets
    Exterior Material: Fiber Board
    Roof Details:
    • Age 8 Years or Less
    • Architectural Shingle
    • Asphalt
    • Pitched

    Lot & Land

    Acres: 0.52
    Geolocation: 43.6526585695, -93.3574020712
    Inclusions: Building
    Lot Dimensions: 115' x 124'
    Zoning: Business/Commercial
    Lot Description:
    • Corner Lot
    • Some Trees
    • Underground Utilities

    Farm

    Topography: Gently Rolling

    Schools

    School District: 241
    District Phone: 507-379-4800

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,024
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,224

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Commercial
    • Vacant
    Fuel System:
    • Electric
    • Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities: Electric Common
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

    Apply Online     Contact Eric     Subscribe to My Newsletter    

    Listing provided by RMLS, courtesy of Century 21 Atwood.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.