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Flex Space with Warehouse Area
For Sale
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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 Market92

Property Features for 404 Airport Road

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Business/Commercial
Parking features Parking Lot
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: Oct 8 Last Checked: Oct 16 at 10:06PM
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.

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Investment Insights

Based on property information with market context.

This flex property at 404 Airport Road contains 13,720 square feet, divided between 2,440 square feet of office and retail space and 11,280 square feet of warehouse area. The building dates to 1940 and has forced-air heating, a parking lot, and an accessible approach with a ramp.

The site comprises 0.9 acres in Albert Lea, Minnesota, with access to I-90 and proximity to the airport. The property is offered for sale and is also available for lease.

Key Highlights

  • 13,720 square feet total: 2,440 square feet of office/retail space and 11,280 square feet of warehouse area
  • 0.9‑acre site in Albert Lea, Minnesota
  • Access to I‑90 and close to the airport

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
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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

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 - A mixed office-retail and warehouse layout offers distinct areas for administrative, customer-facing, and storage functions.
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 total: 2,440 square feet of office/retail space and 11,280 square feet of warehouse area; 0.9‑acre site in Albert Lea, Minnesota; Access to I‑90 and close to the airport
More about this property
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