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    Albert Lea, MN
    Mixed-Use

    Albert Lea, MN Mixed-use Properties for Sale

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    Hayward, MN Clarks Grove, MN Hollandale, MN Wells, MN Geneva, MN Ellendale, MN Northwood, IA Walters, MN
    Four-Unit Mixed-Use Property
    Updated: Jul 3
    Four-Unit Mixed-Use Property

    220 E 7th Street, Albert Lea, MN 56007

    $249,900
    2,800 sqft 0.16 AC lot
    Four‑unit property with residential and commercial space
    Commercial unit currently operates as a laundry service
    2,800 square feet on a 0.1607‑acre lot
    Built in 1949; improvements include roof, siding, electrical work, mini‑splits, paint, and some flooring
    Corner location at E 7th Street and James Avenue
    View details
    3-Unit Mixed-Use Property
    Updated: Jun 11
    3-Unit Mixed-Use Property

    216 Washington Avenue S, Albert Lea, MN 56007

    $109,900
    0.07 AC lot
    Three units: two office spaces and one apartment
    Two units are rented; the lower unit is vacant and was previously used as office space
    0.073‑acre lot in downtown Albert Lea
    Built in 1956
    Forced‑air heating and central air conditioning
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    Mixed-Use Property with Warehouse
    Mixed-Use Property with Warehouse

    404 Airport Road, Albert Lea, MN 56007

    $599,900
    0.90 AC lot

    A split office-retail and warehouse layout is offered for sale or lease.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Corner Retail and Multifamily Building
    Corner Retail and Multifamily Building

    202 S BROADWAY AVE, Albert Lea, MN 56007

    Contact for pricing
    9,801 sqft

    Turn-of-the-century corner redevelopment building with iconic terrazzo floors and a dry foundation.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Albert Lea, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    03-307-309 2nd Street NW, Waseca, MN 56093

    $525,000
    0.54 AC lot

    Combination of occupied apartments and self-storage units supports two established commercial uses.

    View details
    Downtown Waseca Mixed-Use Opportunity
    Downtown Waseca Mixed-Use Opportunity

    102 State St N, Waseca, MN 56093

    $495,000
    3,223 sqft

    Versatile property in downtown Waseca with retail and rental potential.

    View details
    Mixed-Use Plaza Package
    Mixed-Use Plaza Package

    10 1st SE, Mason City, IA 50401

    $730,000
    4,554 sqft

    Six parcels combine storefronts, upper-level apartments, and mall-facing retail spaces in a central Mason City commercial setting.

    View details
    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.

    View details

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

    Explore 4 mixed-use properties for sale in Albert Lea, MN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 12,601 square feet of properties for sale, with an estimated market value of $959,700.

    Sale prices for multi use buildings in Albert Lea, MN start at $109,900, averaging $319,900, and reaching up to $599,900 — 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%

    High-Yield Neighborhoods for Investment

    Identify Albert Lea submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    56007 $179.9K

    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

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Albert Lea, MN

    • 56007

    Featured Albert Lea Real Estate Agencies

    Realmo connects you with licensed Albert Lea CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Leland Realty, Inc.
    305 1st Ave S Albert Lea, MN 56007
    Phone: (507) 373-9586
    www.lelandrealty.com
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