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Flex Space with Warehouse
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404 Airport Road, Albert Lea, MN 56007

Commercial Sale, Albert Lea, MN

Property Size13,720 SF
Lot Size0.90 Acres
Days on Market58

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: Jul 17 Changed: Sep 10 Last Checked: Sep 12 at 1:06AM
MLS# 7109933

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.

This flex property provides 13,720 square feet of total building area, including 2,440 square feet configured for office and retail use and 11,280 square feet of warehouse space. The building dates to 1940 and features steel siding, forced-air heating, a parking lot, and an accessible approach with ramp.

Located on Airport Road in Albert Lea, the property offers access to I-90 and is near the airport. Its combination of customer-facing space and expansive warehouse area supports a range of commercial operations, subject to applicable requirements.

Key Highlights

  • 13,720 square feet of total building area
  • 2,440 square feet of office and retail space
  • 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

  • Food Service & Catering 2200 Hi Tec Ave, Albert Lea, MN 56007
  • Hy-Vee Catering 2708 Bridge Ave, Albert Lea, MN 56007

Frequently Asked Questions

What type of property is this?
Flex space - Versatile commercial building combining office and retail areas with substantial warehouse space and convenient regional access.
Where is this flex space located?
The property is located at 404 Airport Road Albert Lea, MN.
What are key features of this property?
This property features: 13,720 square feet of total building area; 2,440 square feet of office and retail space; 11,280 square feet of warehouse space
More about this property
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