Albert Lea, MN Commercial Real Estate for Sale

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Quadplex with Commercial Space
Updated: Jul 3
Quadplex with Commercial Space

220 E 7th Street, Albert Lea, MN 56007

$249,900
2,800 sqft 0.16 AC lot
2,800 SF quadplex with four bedrooms and four bathrooms
Fourth unit is a commercial space currently operating as a laundry service
Commercial area previously used as a salon and may convert back to salon use or another apartment
Recent improvements include roof, metal siding, electric services, mini‑splits, paint, and some flooring
Detached 3‑stall garage, carport, and large gravel parking lot
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Warehouse with Office and Retail Space
Updated: Feb 13
Warehouse with Office and Retail Space

404 Airport Road, Albert Lea, MN 56007

$599,900
0.90 AC lot
13,720 total square feet
2,440 square feet of office and retail area
11,280 square feet of warehouse space
0.9‑acre site near the airport
Access to I90
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Three-Unit Mixed-Use Building
Three-Unit Mixed-Use Building

216 Washington Avenue S, Albert Lea, MN 56007

$109,900
0.07 AC lot

Downtown property combines office suites with residential space and an available lower-level unit.

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Insulated Heated Flex Space
Insulated Heated Flex Space

24104 755th Ave, Albert Lea, MN 56007

$800,000
12,330 sqft 22.00 AC lot

The layout combines warehouse, shop, office, and mezzanine areas under one roof.

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Commercial Corner Lot
Commercial Corner Lot

1916 Main Street, Albert Lea, MN 56007

$285,000
1.30 AC lot

Level parcel with Business/Commercial zoning and major utilities available.

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Flex Space with Warehouse
Flex Space with Warehouse

404 Airport Road, Albert Lea, MN 56007

Contact for pricing
0.90 AC lot

Versatile commercial building combining office and retail areas with substantial warehouse space and convenient regional access.

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Interstate Commercial Development Land
Interstate Commercial Development Land

21133 775th St, Albert Lea, MN 56007

$975,000
6.50 AC lot

Commercial land with IDD zoning, utility availability, and direct connectivity to Interstate 35 and East Main Street.

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Office Unit with Conference Room
Office Unit with Conference Room

1206 Front St W Unit 4, Albert Lea, MN 56007

$189,900
5,246 sqft

Configured professional office suite with dedicated entry, client parking, and shared building services.

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Industrial Land with Highway Frontage
Industrial Land with Highway Frontage

US I-90, Albert Lea, MN 56007

$557,800
13.50 AC lot

L-1 zoning permits manufacturing, warehousing, retail, and consumer-service uses.

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Renovated Corner Storefront
Renovated Corner Storefront

817 Marshall St, Albert Lea, MN 56007

$199,900
1,591 sqft

Updated commercial space with customer parking, a two-stall garage, and visibility from two intersecting streets.

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Retail Pad off I-90
Retail Pad off I-90

1619 Main Street West, Albert Lea, MN 56007

$250,000
1 sqft

1.5 acre retail pad for redevelopment near I-90.

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Arby’s Restaurant NNN Leasehold
Arby’s Restaurant NNN Leasehold

2707 Bridge Ave, Albert Lea, MN 56007

Contact for pricing
3,500 sqft

Arby’s on a NNN lease with approximately 9 years remaining and scheduled 10% increases every five years.

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Corner Retail and Multifamily Building
Corner Retail and Multifamily Building

202 S BROADWAY AVE, Albert Lea, MN 56007

Contact for pricing
9,801 sqft

Turn-of-the-century corner redevelopment building with iconic terrazzo floors and a dry foundation.

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Tillable Farmland
Tillable Farmland

26034 800th Ave, Albert Lea, MN 56007

$840,000

Rolling farmland with partial tile drainage and an existing lease through the 2026 crop year.

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Prime Commercial Land I-35 Access
Prime Commercial Land I-35 Access

21133 775th St, Albert Lea, MN 56007

Contact for pricing
283,140 sqft 6.50 AC lot

6.5 acre commercial lot with I-35 access.

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I-35/I-90 Accessible Land Parcels
I-35/I-90 Accessible Land Parcels

777th Ave & E Main St, Albert Lea, MN

Contact for pricing
60.00 AC lot

Land parcels ideal for light industrial or distribution ventures.

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Land
Land

2404 SE Marshall Street, Albert Lea, MN 56007

Contact for pricing

Residential land & home lots

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5 Acre Commercial Lot
5 Acre Commercial Lot

2320 E Main St, Albert Lea, MN 56007

Contact for pricing
5.00 AC lot

5 acre lot with B-2 zoning and I-35 access.

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Visible Industrial Site on I-90
Visible Industrial Site on I-90

0 US I-90, Albert Lea, MN 56007

Contact for pricing
588,060 sqft 13.50 AC lot

Industrial site with high visibility on I-90 in Albert Lea.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 19 Active Listings in Albert Lea, MN, we suggest to view alternatives - similar 53 Off-Market properties to explore as potential leads.

Off-Market Properties in Albert Lea, MN

Consider similar Off-Market properties in Albert Lea, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1115 Main St
COMMERCIAL (GENERAL)

1115 Main St, Albert Lea, MN 56007-3600

Estimated value:
$70,000
View details
Albert Lea, MN 56007
COMMERCIAL (GENERAL)

Albert Lea, MN 56007

Estimated value:
$115,000
View details
1224 Sykes St
INDUSTRIAL (GENERAL)

1224 Sykes St, Albert Lea, MN 56007-3436

Estimated value:
$380,000
View details

Albert Lea, MN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Albert Lea, MN, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 906,469 square feet of properties for sale, with an estimated market value of $5,057,300.

Sale prices for business properties in Albert Lea, MN start at $109,900, averaging $459,754, and reaching up to $975,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 21K
Population Growth (5Y) +1.4%
Median Household Income $66,479
College Educated 24.2%

High-Yield Neighborhoods for Investment

Identify Albert Lea submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
56007 $459.8K

Taxes & Financing

Tax Rate (average for all types) 2.76%
Property Tax per SF $0.93 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Freeborn County

New Delisted

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