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    Albert Lea, MN
    Nursing Home

    Albert Lea, MN Nursing Homes for Sale

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    Vacant Skilled Nursing Facility
    Updated: Jul 22, 2025
    Vacant Skilled Nursing Facility

    901 Luther Pl, Albert Lea, MN 56007

    Contact for pricing
    93,634 sqft
    93,634‑square‑foot vacant former skilled nursing facility
    Improvements constructed in 1962
    Located at 901 Luther Pl, Albert Lea, MN 56007
    Near Mayo Clinic Health System – Albert Lea
    Access to Interstates 35 and 90
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Albert Lea, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Multifamily Development and Rehab
    Multifamily Development and Rehab

    1401 Churchill Street, Waupaca, WI 54981

    $195,000
    27,000 sqft 1.58 AC lot

    R-3 zoned property with a prior nursing home building and city utilities, offered as-is where-is.

    View details
    Versatile Commercial Building with Clinic
    Versatile Commercial Building with Clinic

    232 Springer Ave, Elmwood, WI 54740

    Contact for pricing
    28,549 sqft

    Spacious 28,000+ sqft building suitable for various commercial uses.

    View details
    Brick Assisted Living and Clinic Facility
    Brick Assisted Living and Clinic Facility

    232 E Springer Avenue, Elmwood, WI 54740

    $750,000
    28,549 sqft 2.36 AC lot

    Brick facility with assisted living-style layout, clinic exam rooms, central air, public utilities, and approximately 37 paved parking spaces.

    View details
    Commercial Sale, WAUPACA, WI
    Commercial Sale, WAUPACA, WI

    1401 CHURCHILL Street, Waupaca, WI 54981

    $195,000
    1.58 AC lot

    Nursing homes · 1.58 Acres

    View details

    Off-Market Properties in Albert Lea, MN

    Consider similar Off-Market properties in Albert Lea, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    901 Luther Pl
    HOMES (RETIRED, NURSING)

    901 Luther Pl, Albert Lea, MN 56007-1562

    Value Estimation by Request
    View details
    1201 Garfield Ave
    HOMES (RETIRED, NURSING)

    1201 Garfield Ave, Albert Lea, MN 56007-3637

    Value Estimation by Request
    View details
    1771 Eagle Vw Cir
    HOMES (RETIRED, NURSING)

    1771 Eagle Vw Cir, Albert Lea, MN 56007-1817

    Value Estimation by Request
    View details

    Albert Lea, MN Nursing Homes Market Trends and Statistics

    Explore 4 nursing homes for sale in Albert Lea, MN on our real estate platform. These investment opportunities span a total of 93,634 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Medical centers 1
    Nursing homes 1

    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%

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