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Downtown Office Building with Apartment

216 Washington Avenue S Albert Lea, MN 56007

216 Washington Avenue S, Albert Lea, MN, 56007
$129,900
For Sale
$129,900

Three-unit downtown building includes two rented office spaces and one vacant former office unit.

Days on Market41

Property Features for 216 Washington Avenue S

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
1956
Listing agency Leland Realty
Listed by Steven Lehner
Source Juverealestate
Added: Jun 11 Updated: Jul 21 at 8:10AM Checked: Jul 21 at 8:10AM

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 Leland Realty


Investment Insights

Based on property information with market context.

This downtown commercial building offers three units total, with two office spaces and one apartment. Two of the units are currently rented. The lower unit is vacant and was previously used as office space, and is described as ready to be rented or used again as office space.

The property is located at 216 Washington Avenue S in Albert Lea, MN, and is presented as a straightforward multi-unit commercial building option with an in-place rental component.

With a mix of office space and an apartment unit, the building provides a practical configuration for buyers seeking a multi-tenant setup that includes both occupied and available space.

Key Highlights

  • Downtown commercial building with 3 units total
  • Two office spaces are currently rented
  • One unit is vacant; previously used as office space

Property Analytics

Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Law Firm Dental Office HVAC Service Grocery & Convenience Store Hair Salon Auto Parts Store Skin Care Clinic Bakery Electrical Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Three-unit downtown building includes two rented office spaces and one vacant former office unit.
Where is this office units located?
The property is located at 216 Washington Avenue S Albert Lea, MN.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Downtown commercial building with 3 units total; Two office spaces are currently rented; One unit is vacant; previously used as office space
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