Conventional Restaurant

Albert Lea, MN Conventional Restaurants for Sale

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Arby’s Quick Service Restaurant
Updated: Apr 15
Arby’s Quick Service Restaurant

2707 BRIDGE AVE, Albert Lea, MN 56007

$1,979,520
3,500 sqft
Arby’s (Year Built 2004) located in Albert Lea, MN on a central commercial corridor
High‑traffic retail area with 20,197 population within a 5‑mile radius
Average household income of approximately $89,787 within a 3‑mile radius
Nearby tenants include Hy‑Vee Grocery, Applebee’s, Caribou Coffee, McDonald’s, Pizza Ranch, and Kwik Trip
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Dual-Branded Hotel and Restaurant
Updated: May 6, 2025
Dual-Branded Hotel and Restaurant

2306 E Main St Building A & B, Albert Lea, MN 56007

Contact for pricing
Dual‑branded Choice hotel property built in 1967 with 63,865 SF total on a 5.51‑acre site (1.09 acres undeveloped land included).
Located near the I‑35 and I‑90 interchange in Albert Lea; about 10 minutes from Albert Lea Municipal Airport.
Both hotels are 100% smoke‑free and dog‑friendly, with free Wi‑Fi throughout and a complimentary continental breakfast.
On‑site business center plus on‑site staffing: Quality Inn & Suites offers a professional 24‑hour on‑site staff and extended check‑out times.
Econo Lodge includes a fully equipped fitness center; Quality Inn & Suites has a spacious exercise room and some guest suites with separate living spaces.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Albert Lea, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Owatonna Restaurant Investment Opportunity
Owatonna Restaurant Investment Opportunity

4355 W Frontage Rd |, Owatonna, MN 55060

$1,195,000
6,079 sqft

Restaurant property for sale with existing lease through November 2026.

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Retail
Retail

4255 Frontage Rd W, Owatonna, MN 55060

$1,200,000
5,843 sqft

Conventional restaurants · 5,843 SF

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Mixed-Use Income Property
Mixed-Use Income Property

102 State St N, Waseca, MN 56093

$495,000

Two downtown buildings with retail, office, restaurant, event spaces, and short-term rental units—plus additional storage for operations.

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Turnkey Restaurant Bar on Lakeshore
Turnkey Restaurant Bar on Lakeshore

406 9th St NE, Waseca, MN 56093

$675,000
4,564 sqft

Established restaurant and bar with 130' of lakeshore.

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Albert Lea, MN Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Albert Lea, MN on our real estate platform. These investment opportunities span a total of 3,500 square feet of properties for sale, with an estimated market value of $1,979,520.

Sale prices for conventional restaurants in Albert Lea, MN start at $1,979,520, averaging $1,979,520, and reaching up to $1,979,520 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 2

Demographics Overview

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

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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