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Office Building with Backup Generator
For Sale
Contact for pricing
Pending

201 Clark Street E, Albert Lea, MN 56007

Well-maintained office property with private workspaces, conference facilities, employee break areas, and on-site parking.

Property SizeContact for details
Days on Market143

Property Features for 201 Clark Street E

General Information

Standard status Pending
Property subtype Special Purpose, Land
Listing Agency: Century 21 Atwood Albert Lea
Listed By: Rick Mummert · License #MN
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 31 at 3:27AM

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 Albert Lea

Investment Insights

Based on property information with market context.

This well-maintained office building at 201 Clark Street E contains over 20,000 square feet of office space arranged with numerous private offices, two large conference rooms, and two employee break rooms equipped with appliances. Select offices offer lake views. The property includes a backup electrical generator, existing office furnishings, and modular divider panels available through separate negotiation.

Parking includes 16 outdoor spaces on the property and 4 indoor spaces, with additional municipal public parking across the street. The building elevator is currently out of service but may be returned to operation upon request. The layout can support a single office user or division into as many as 4 lease spaces. A current main-floor tenant occupies approximately 5,000 square feet, with 3 years remaining on its lease and a requested 180-day period to vacate.

Key Highlights

  • Over 20,000 square feet of office space
  • 16 outdoor parking spaces and 4 indoor parking spaces
  • Backup electrical generator located on‑site

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Dental Office HVAC Service Grocery & Convenience Store Skin Care Clinic Hair Salon

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

940
Businesses Nearby

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

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Well-maintained office property with private workspaces, conference facilities, employee break areas, and on-site parking.
Where is this office building located?
The property is located at 201 Clark Street E Albert Lea, MN.
What are key features of this property?
This property features: Over 20,000 square feet of office space; 16 outdoor parking spaces and 4 indoor parking spaces; Backup electrical generator located on‑site
(507) 377-3174 Call to check price and availability
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