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Vacant Skilled Nursing Facility
For Sale
Contact for pricing
Pending

901 Luther Pl, Albert Lea, MN 56007

Vacant healthcare improvements offer an existing framework for future skilled nursing or related healthcare use.

Property Size93,634 SF
Days on Market407

Property Features for 901 Luther Pl

General Information

Standard status Pending
Size 93,634 SF
Property subtype Senior Living

Additional Details

Highway Access Yes

Building Details

Year Built 1962
Year Renovated 1964
Stories 3
Units 169
Listing Agency: SLIB Senior Living Investment Brokerage
Listed By: Vincent Viverito · License #IL 471020059
Source: Crexi
Added: Jul 22, 2025 Changed: Aug 30 Last Checked: Aug 31 at 7:08PM

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 SLIB Senior Living Investment Brokerage

Investment Insights

Based on property information with market context.

Located at 901 Luther Pl in Albert Lea, Minnesota, the property comprises a vacant former skilled nursing facility totaling 93,634 square feet. The improvements date to 1962 and represent an existing healthcare-oriented building rather than an undeveloped site.

Albert Lea sits in southern Minnesota, approximately 90 miles south of the Minneapolis–St. Paul metropolitan area and just north of the Iowa border. Regional access is provided by Interstates 35 and 90, with connections to Rochester, Mankato, and the Twin Cities. The property is also near Mayo Clinic Health System – Albert Lea, placing it within the area’s established healthcare network.

Key Highlights

  • 93,634‑square‑foot vacant former skilled nursing facility
  • Improvements constructed in 1962
  • Located at 901 Luther Pl, Albert Lea, MN 56007

Property Analytics

Current Use

Nursing homes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Building Supply Plumbing Service (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

74
Businesses Nearby
Balanced
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Prairie Senior Cottages of Albert Lea 1602 W Fountain St, Albert Lea, MN 56007
  • St. John's Lutheran Community on Fountain Lake 1771 eagle view circle, albert lea, mn 56007
  • St John's Lutheran Community 901 Luther Pl, Albert Lea, MN 56007

Frequently Asked Questions

What type of property is this?
Nursing home - Vacant healthcare improvements offer an existing framework for future skilled nursing or related healthcare use.
Where is this nursing home located?
The property is located at 901 Luther Pl Albert Lea, MN.
What are key features of this property?
This property features: 93,634‑square‑foot vacant former skilled nursing facility; Improvements constructed in 1962; Located at 901 Luther Pl, Albert Lea, MN 56007
More about this property
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