Retail Pad off
For Sale
$250,000
1619 Main Street West, Albert Lea, MN 56007
1.5 acre retail pad for redevelopment near I-90.
Property Size1 SF
Price / SF$250,000
Days on Market272
Property Features for 1619 Main Street West
General Information
Standard status
Active
Size
1 SF
Property subtype
Land
Listing Agency:
NAI North Star
(507) 380-7340
Listed By:
David Schooff · License #MN #40137517
(507) 380-7340
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Aug 12
Last Checked: Aug 20 at 5:11AM
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 NAI North Star
Investment Insights
Based on property information with market context.
Approximately 1.5 acres of land are available for redevelopment as a retail pad. The site is located off I-90, near a new 50+ unit multi-family development, Skye Lofts, Bomgaars, and a local liquor store. The property benefits from excellent traffic, visibility and pedestrian access. Shared parking is available. The site has highway and main street frontage with direct two-way (four lane) access. Buildout incentives are negotiable for the right user. The parcel is located in Albert Lea, Minnesota, 4 miles west of Interstate 90. Multi-family developers of former Skyline Mall are selling the lot for redevelopment of a retail pad. Owners can assist in construction if needed. Revolving Loan Fund potential is available.
Key Highlights
- 1.5 acre retail pad available off I‑90 for redevelopment.
- Adjacent to a new 50+ unit multi‑family development (Skye Lofts).
- Excellent traffic, visibility, and pedestrian access.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
246
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 1.5 acre retail pad for redevelopment near I-90.
Where is this commercial land located?
The property is located at 1619 Main Street West Albert Lea, MN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1.5 acre retail pad available off I‑90 for redevelopment.; Adjacent to a new 50+ unit multi‑family development (Skye Lofts).; Excellent traffic, visibility, and pedestrian access.
