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Albert Lea, MN Hotels for Sale

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Ramada Hotel with Meeting Space
Updated: May 6, 2025
Ramada Hotel with Meeting Space

2301 E Main St, Albert Lea, MN 56007

Contact for pricing
81,357‑square‑foot, three‑story hotel with basement, built in 1967
3,600‑square‑foot banquet hall plus four meeting rooms
Meeting and banquet facilities accommodate up to 250 guests
Heated indoor pool, sauna, fitness center, and breakfast buffet
Near the interchange of Interstates 35 and 90
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Albert Lea, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Historic 22-Room Hotel
Historic 22-Room Hotel

333 Main St W, Wabasha, MN 55981

$675,000
15,385 sqft

Hospitality property combining lodging, dining, an outdoor patio, wine tasting bar, and a separate speakeasy-style bar.

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Historic 22-Room Hotel
Historic 22-Room Hotel

333 Main Street W, Wabasha, MN 55981

$675,000
0.42 AC lot

Hospitality property combines lodging, restaurant service, a wine tasting bar, and an intimate lower-level bar.

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34-Unit Hotel with Bus Parking
34-Unit Hotel with Bus Parking

1530 Main Street, Osage, IA 50461

$957,500
15,320 sqft

34-unit hotel offering a 24-hour front desk, manager’s apartment, and parking for buses, trailers, RVs, and trucks.

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34-Unit Hotel with Guest Services
34-Unit Hotel with Guest Services

1530 Main Street, Osage, IA 50461

$957,500
1.22 AC lot

Operating hospitality property with on-site management, guest amenities, and vehicle parking for buses, trailers, RVs, and trucks.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

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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Albert Lea, MN Hotels Market Trends and Statistics

Explore 1 hotels for sale in Albert Lea, MN on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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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%

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