Corner Retail and Multifamily
For Sale
Contact for pricing
202 S BROADWAY AVE, Albert Lea, MN 56007
Turn-of-the-century corner redevelopment building with iconic terrazzo floors and a dry foundation.
Property Size9,801 SF
Price / SF$45.91
Days on Market82
Property Features for 202 S BROADWAY AVE
General Information
Standard status
Active
Size
9,801 SF
Class
C
Property subtype
Retail, Multifamily, Mixed Use
Building Details
Buildings
1
Stories
3
Units
1
Listing Agency:
KW Commercial Midwest
Listed By:
James Halbur · License #40144147
(507) 317-2353
Source:
Crexi
Added: Jun 17
Changed: Sep 5
Last Checked: Sep 5 at 6:40PM
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 KW Commercial Midwest
Investment Insights
Based on property information with market context.
This turn-of-the-century redevelopment building sits on a corner lot and is presented with “good bones” and a dry foundation. The main level features iconic terrazzo floors, adding character for potential street retail and mixed-use concepts.
The property is located on S Broadway Ave in Albert Lea, MN. As a mixed-use asset, it offers a storefront-oriented setting paired with redevelopment upside for retail and multifamily uses.
The listing is offered for sale. The package includes the full redevelopment building footprint totaling 9,801 square feet.
The property is located on S Broadway Ave in Albert Lea, MN. As a mixed-use asset, it offers a storefront-oriented setting paired with redevelopment upside for retail and multifamily uses.
The listing is offered for sale. The package includes the full redevelopment building footprint totaling 9,801 square feet.
Key Highlights
- Turn‑of‑the‑century redevelopment building on a corner lot in the Albert Lea area
- Main level features iconic terrazzo floors
- Dry foundation and “good bones” reported in the property remarks
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
958
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 Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Turn-of-the-century corner redevelopment building with iconic terrazzo floors and a dry foundation.
Where is this mixed-use property located?
The property is located at 202 S BROADWAY AVE Albert Lea, MN.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Turn‑of‑the‑century redevelopment building on a corner lot in the Albert Lea area; Main level features iconic terrazzo floors; Dry foundation and “good bones” reported in the property remarks
