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    Downtown Office and Apartments
    Updated: Apr 11
    Downtown Office and Apartments

    209 Clark Street E, Albert Lea, MN 56007

    Contact for pricing
    Commercial office/business space on the main floor and lower level
    Two 2‑bedroom apartments on the upper level provide rental income
    Property includes both commercial space and rental units within one building
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    Mixed-Use Office and Apartments
    Updated: Apr 11
    Mixed-Use Office and Apartments

    109 Clark Street E, Albert Lea, MN 56007

    Contact for pricing
    Downtown Albert Lea mixed‑use building with main‑floor and lower‑level commercial space
    Upper level includes two 2‑bedroom apartments
    Commercial space is currently being utilized as business space
    Two upstairs apartments provide steady rental income
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

    Historic Courtside Office Building
    Historic Courtside Office Building

    23 3rd St NW, Mason City, IA 50401

    $449,000
    9,600 sqft

    Historic office building in downtown Mason City, Iowa.

    View details
    Single-Story Brick Office Building
    Single-Story Brick Office Building

    106 E Main St, Lake Mills, IA 50450

    $430,000
    7,178 sqft 0.40 AC lot

    Well-maintained one-story brick office building with a mix of private offices and open areas plus partial basement storage.

    View details
    Energy Efficient Office Building
    Energy Efficient Office Building

    524 Village Green Dr, Mason City, IA 50401

    $374,000
    3,055 sqft 2.17 AC lot

    Upscale office building with self-produced energy and expansion potential.

    View details
    Multi-Tenant Office Building
    Multi-Tenant Office Building

    906 5th Avenue, Austin, MN 55912

    Contact for pricing
    64,120 sqft

    Office building offered for sale with a total area of 64,120 SF.

    View details

    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.

    Industrial Land Ready to Build
    Industrial Land Ready to Build

    TBD Lot 4 Waida Road, Winona, MN 55987

    $200,000
    7.67 AC lot

    Re-zoned industrial and service/distribution lots in a business park with driveway access from WAIDA Road.

    View details
    Interstate-Front Industrial Land
    Interstate-Front Industrial Land

    12175 Hudson Road S, Afton, MN 55001

    $4,500,000
    24.08 AC lot

    24.1-acre light industrial site with interstate exposure and available utilities for a range of light industrial uses.

    View details
    Waterloo Commercial Land For Sale
    Waterloo Commercial Land For Sale

    3455 Marnie Avenue lot: 2, Waterloo, IA 50701

    $802,593
    3.35 AC lot

    Commercial land with flexible zoning and development options in Waterloo.

    View details
    Waterloo Commercial Land For Sale
    Waterloo Commercial Land For Sale

    3423 Marnie Avenue lot: 1, Waterloo, IA 50701

    $479,160
    2.00 AC lot

    Commercial land available for design/build project in Waterloo, Iowa.

    View details

    Albert Lea, MN Office Buildings Market Trends and Statistics

    Explore 2 office buildings for sale in Albert Lea, MN on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 4
    Office buildings 2

    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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