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Open-Plan Office Building
For Sale
Contact for pricing
Pending

709 Algon Street, Albert Lea, MN 56007

Flexible commercial layout with off-street parking and accessibility features for office or retail use.

Property SizeContact for details
Days on Market142

Property Features for 709 Algon Street

General Information

Standard status Pending
Property subtype Special Purpose

Building Details

Year Built 2003
Buildings 1
Listing Agency: Century 21 Atwood Albert Lea
Listed By: Craig Hoium · License #MN
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 10:00PM

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 office property at 709 Algon Street is housed in a commercial building constructed in 2003. The interior offers an open floor plan that can accommodate office operations or retail sales, with a fully accessible design and an off-street parking lot.

The building sits just west of Bridge Avenue, an arterial public road recording 7,800 daily road trips. Its location in Albert Lea, Minnesota, combines direct proximity to a traveled roadway with a flexible interior configuration.

Key Highlights

  • Commercial building constructed in 2003
  • Open floor plan supports office or retail sales
  • Fully accessible building

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Dental Office Nail Salon Plumbing Service

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

243
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 units - Flexible commercial layout with off-street parking and accessibility features for office or retail use.
Where is this office units located?
The property is located at 709 Algon Street Albert Lea, MN.
What are key features of this property?
This property features: Commercial building constructed in 2003; Open floor plan supports office or retail sales; Fully accessible building
(507) 377-3174 Call to check price and availability
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