Ramada Hotel with Meeting
For Sale
Contact for pricing
Pending
2301 E Main St, Albert Lea, MN 56007
Hotel with an indoor pool, guest amenities, and flexible facilities for conferences and banquets.
Property SizeContact for details
Days on Market484
Property Features for 2301 E Main St
General Information
Standard status
Pending
Property subtype
Hospitality
Building Details
Year Built
1967
Stories
3
Listing Agency:
CBRE - Chicago
Listed By:
Scott Miller · License #IL
Source:
Crexi
Added: May 6, 2025
Changed: Aug 29
Last Checked: Aug 29 at 9:49PM
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 CBRE - Chicago
Investment Insights
Based on property information with market context.
The Ramada Albert Lea is a three-story hotel property built in 1967, encompassing 81,357 square feet with a basement. Guest accommodations include non-smoking rooms furnished with Wi-Fi, HDTVs, mini-refrigerators, microwaves, coffee and tea makers, and desks. On-site amenities include a heated indoor pool, sauna, fitness center, complimentary breakfast buffet, conference rooms, and banquet facilities. The property was formerly home to The Heritage Restaurant.
Event facilities include a 3,600-square-foot banquet hall and four meeting rooms with capacity for up to 250 conference or banquet guests. The hotel is positioned near the Interstate 35 and Interstate 90 interchange, approximately 10 minutes from Albert Lea Municipal Airport and near downtown Albert Lea, shopping, dining, Myre-Big Island State Park, and area lakes and attractions.
Event facilities include a 3,600-square-foot banquet hall and four meeting rooms with capacity for up to 250 conference or banquet guests. The hotel is positioned near the Interstate 35 and Interstate 90 interchange, approximately 10 minutes from Albert Lea Municipal Airport and near downtown Albert Lea, shopping, dining, Myre-Big Island State Park, and area lakes and attractions.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
200
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
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Frequently Asked Questions
What type of property is this?
Hotel - Hotel with an indoor pool, guest amenities, and flexible facilities for conferences and banquets.
Where is this hotel located?
The property is located at 2301 E Main St Albert Lea, MN.
What are key features of this property?
This property features: 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
