Mixed-Use

Albert Lea, MN Mixed-use Properties for Sale

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Corner Retail and Multifamily Building
Updated: Jun 17
Corner Retail and Multifamily Building

202 S BROADWAY AVE, Albert Lea, MN 56007

$450,000
9,801 sqft
Turn‑of‑the‑century redevelopment building on a corner lot in the Albert Lea area
Main level features iconic terrazzo floors
Dry foundation and “good bones” reported in the property remarks
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Albert Lea, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Victory Drive Commercial Opportunity
Victory Drive Commercial Opportunity

219 S Victory Drive, Mankato, MN 56001

$1,199,000
6,000 sqft 0.82 AC lot

Versatile commercial property with high visibility and income potential.

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Mixed-Use Plaza Properties Package
Mixed-Use Plaza Properties Package

7 S Federal Ave, Mason City, IA 50401

$730,000
3,520 sqft

Six parcels with storefronts, apartments, and business opportunities.

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Mixed-Use Plaza Storefronts Package
Mixed-Use Plaza Storefronts Package

9 S Federal Ave, Mason City, IA 50401

$730,000
3,520 sqft

Six parcels with storefronts, apartments, and business opportunities.

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Mixed-Use Building Near MSU Campus
Mixed-Use Building Near MSU Campus

340 Stadium Road, Mankato, MN 56001

$4,400,000

Mixed-use building near MSU campus with many amenities.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Cleared Commercial Development Land
Cleared Commercial Development Land

10th St NW, Austin, MN 55912

$249,000
9.17 AC lot

A 9.17-acre cleared parcel with paved road access and nearby utilities, suited for multiple commercial development types.

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Highway-Frontage Development Land
Highway-Frontage Development Land

Hwy 57, Mantorville, MN 55955

$1,199,000
40.00 AC lot

40-acre parcel along State Highway 57 with city utilities, positioned for residential, commercial, or mixed-use planning.

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Tillable Mixed-Use Commercial Land
Tillable Mixed-Use Commercial Land

Hwy 212, Carver, MN 55315

$13,800,000
69.17 AC lot

69.17 tillable acres with Highway 212 frontage positioned for mixed commercial and industrial development near Fleet Farm.

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Commercial Double Lot Development Land
Commercial Double Lot Development Land

1845 W 5th Street, Winona, MN 55987

$2,199,999
3.23 AC lot

Two adjacent, cleared parcels in B2 zoning offer level, buildable space for a range of commercial uses.

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Albert Lea, MN Mixed-Use Properties Market Trends and Statistics

Explore 1 mixed-use properties for sale in Albert Lea, MN on our real estate platform. These investment opportunities span a total of 9,801 square feet of properties for sale, with an estimated market value of $450,000.

Sale prices for multi use buildings in Albert Lea, MN start at $450,000, averaging $450,000, and reaching up to $450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 21K
Population Growth (5Y) +1.4%
Median Household Income $66,479
College Educated 24.2%

Taxes & Financing

Tax Rate (average for all types) 2.76%
Property Tax per SF $0.93 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Freeborn County

New Delisted

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