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Warehouse with Office and Retail Space
For Sale
$599,900

404 Airport Road, Albert Lea, MN 56007

Commercial Sale, Albert Lea, MN

Property Size13,720 SF
Lot Size0.90 Acres
Price / SF$43.72
Days on Market211

Property Features for 404 Airport Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Parking features Parking Lot
Exterior features Steel Siding
Accessibility Accessible Approach with Ramp
Subdivision Bridgeport Sub
High school district Albert Lea
Directions From Bridge Ave go West on Airport Rd.
Standard status Active
APN 342640251
Lot size 0.90 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 14702

Utilities

Heating system Forced Air

Building Details

Year built 1940
Listing Agency: Leland Realty
Listed By: Steven Lehner
Added: Feb 13 Changed: Sep 10 Last Checked: Sep 12 at 1:06AM
MLS# 7021003

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 404 Airport Road in Albert Lea, this warehouse property offers 13,720 square feet across a mixed commercial layout. The building includes 2,440 square feet of office and retail area alongside 11,280 square feet of warehouse space, supporting a range of business configurations. Constructed in 1940, the property features steel siding, forced-air heating, a parking lot, and an accessible approach with ramp access.

The site is positioned near the airport with access to I90. The property is available for sale and can also be leased, providing flexibility for an owner-user or occupant seeking combined office, retail, and warehouse functions.

Key Highlights

  • 13,720 total square feet
  • 2,440 square feet of office and retail area
  • 11,280 square feet of warehouse space

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Plumbing Service Furniture & Home Goods (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

214
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Similar Off Market Nearby

  • Storage Rentals of America 601 Pilot St, Albert Lea, MN 56007
  • SITOS GRAIN COMPANY 703 Algon St, Albert Lea, MN 56007
  • Stow & Go Self Storage 2610 Hi Tec Ave, Albert Lea, MN 56007

Frequently Asked Questions

What type of property is this?
Warehouse - Mixed office, retail, and warehouse configuration with parking, ramp access, and proximity to I90 and the airport.
Where is this warehouse located?
The property is located at 404 Airport Road Albert Lea, MN.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 13,720 total square feet; 2,440 square feet of office and retail area; 11,280 square feet of warehouse space
More about this property
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