Renovated Mixed-Use
For Sale
$299,000
1317 Broadway Avenue SE, Albert Lea, MN 56007
Two suites combine restaurant infrastructure with flexible office accommodations and shared ADA-compliant support areas.
Property Size2,400 SF
Price / SF$124.58
Days on Market212
Property Features for 1317 Broadway Avenue SE
General Information
Standard status
Active
Size
2,400 SF
Total Parking Spaces
16
Property subtype
Commercial
Zoning
Business/Commercial
Additional Details
Office Units
1
Taxes and HOA fees
Annual Taxes
$9,744
Amenities
exterior patio
outdoor storage shed
Building Details
Building Size
2,400 SF
Year Built
1990
Year Renovated
2021
Stories
1
Units
1
Listing Agency:
Century 21 Atwood
(507) 383-5773
Listed By:
Rick Mummert
(507) 383-5773
Source:
Juverealestate
Added: Jan 19
Changed: Aug 17
Last Checked: Aug 17 at 10:21PM
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 Century 21 Atwood
Investment Insights
Based on property information with market context.
This mixed-use property contains two separate suites totaling 2,400 square feet. The first suite is leased for restaurant and donut shop use, with two years remaining on the lease contract. Its improvements include an operational Ansul fire suppression system, drive-up ordering and service equipment, a three-compartment sink, and a grease trap. An exterior patio and seating area support the coffee shop lease space, while an outdoor storage shed provides additional storage.
The second suite is configured for office use, with two offices or an office, conference room, and reception area. The suites share a utility room, restrooms, and storage area, all of which are ADA compliant. Both suites were renovated in 2021 with laminate and carpet flooring and are handicap accessible. Combined customer parking includes 16 spaces, and the property recorded daily vehicle trips of 7200 according to MNDOT data. Built in 1990 and zoned Business/Commercial.
The second suite is configured for office use, with two offices or an office, conference room, and reception area. The suites share a utility room, restrooms, and storage area, all of which are ADA compliant. Both suites were renovated in 2021 with laminate and carpet flooring and are handicap accessible. Combined customer parking includes 16 spaces, and the property recorded daily vehicle trips of 7200 according to MNDOT data. Built in 1990 and zoned Business/Commercial.
Key Highlights
- Two separate suites totaling 2,400 square feet
- Restaurant suite leased with two years remaining on the lease contract
- Operational Ansul system, drive‑up ordering, three‑compartment sink, and grease trap
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
170
Businesses Nearby
Explore this area
Business Placement
Demographics for 56007, MN
21,434
Population
9,873
Households
2.2
Avg Household Size
43
Median Age
18%
College-Educated
88%
High-School Grad
169.3 sq mi
ZIP Area
127
Density / Sq Mi
$66,479
Median Household Income
$43,867
Median Earnings
$843
Median Rent
$161,100
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two suites combine restaurant infrastructure with flexible office accommodations and shared ADA-compliant support areas.
Where is this mixed-use property located?
The property is located at 1317 Broadway Avenue SE Albert Lea, MN.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Two separate suites totaling 2,400 square feet; Restaurant suite leased with two years remaining on the lease contract; Operational Ansul system, drive‑up ordering, three‑compartment sink, and grease trap
