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Commercial Land with Existing Building
For Sale
Contact for pricing
Pending

1302 Railroad Avenue, Albany, MN 56307

Existing commercial building with overhead access, climate control, and municipal water and sewer service.

Property SizeContact for details
Days on Market142

Property Features for 1302 Railroad Avenue

General Information

Standard status Pending
Property subtype Land, Retail
Listing Agency: Central MN Realty
Listed By: Matthew Imdieke · License #MN 40385388
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 3:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Central MN Realty

Investment Insights

Based on property information with market context.

This commercial land offering includes a 2000 sq. ft. building equipped with an overhead door and central air. Natural gas service and city water and sewer are also in place. The nearly one-acre parcel provides room for additional building construction and surface parking, subject to applicable approvals.

Located at 1302 Railroad Avenue in Albany, the property is positioned minutes from I-94 and downtown. The combination of an existing improvement, substantial land area, and established utility connections creates a practical commercial property configuration.

Key Highlights

  • 2000 sq. ft. building on a commercial land parcel
  • Nearly an acre of land with room for additional buildings
  • Overhead door and central air included

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

137
Businesses Nearby
42k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 66% Dining 32% Hotels & Casinos 2%
Holiday Station Store Shops & Services
25,521 visits/mo 0.4 miles
A&W Restaurant Dining
11,161 visits/mo 0.3 miles
SUBWAY Dining
2,169 visits/mo 0.3 miles
Auto Value Shops & Services
1,737 visits/mo 0.5 miles
Baymont By Wyndham Albany Hotels & Casinos
860 visits/mo 0.3 miles

Demographics for 56307, MN

5,399
Population
2,058
Households
2.6
Avg Household Size
38
Median Age
21%
College-Educated
94%
High-School Grad
105.7 sq mi
ZIP Area
51
Density / Sq Mi
$89,563
Median Household Income
$47,333
Median Earnings
$596
Median Rent
$268,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Existing commercial building with overhead access, climate control, and municipal water and sewer service.
Where is this commercial land located?
The property is located at 1302 Railroad Avenue Albany, MN.
What are key features of this property?
This property features: 2000 sq. ft. building on a commercial land parcel; Nearly an acre of land with room for additional buildings; Overhead door and central air included
(320) 420-1295 Call to check price and availability
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