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Albert Lea, MN Office Spaces for Sale

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Three-Unit Mixed-Use Building
Updated: Jun 11
Three-Unit Mixed-Use Building

216 Washington Avenue S, Albert Lea, MN 56007

$109,900
0.07 AC lot
Three‑unit configuration with 2 office spaces and 1 apartment
Two units are currently rented
Vacant lower unit previously used as office space
0.073‑acre site at 216 Washington Avenue S
Block exterior with forced‑air heating and central air
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Office Unit with Conference Room
Updated: Jul 21
Office Unit with Conference Room

1206 Front St W Unit 4, Albert Lea, MN 56007

$189,900
5,246 sqft
1312 square feet configured with reception, two offices, and a large conference room
Additional 224 office space can be added if needed
Private entrance with numerous parking spaces for clients and employees
Cabinet storage throughout the office unit
Common association pays utilities and required building maintenance
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Renovated Corner Storefront
Renovated Corner Storefront

817 Marshall St, Albert Lea, MN 56007

$199,900
1,591 sqft

Updated commercial space with customer parking, a two-stall garage, and visibility from two intersecting streets.

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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 13 Potential Opportunities for your consideration. Besides 3 Active listings in Albert Lea, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 2 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.

Downtown Office Building
Downtown Office Building

152 E Pearl St, Owatonna, MN 55060

$500,000
3,452 sqft

Flexible professional office layout with private parking, updated exterior finishes, and additional basement storage.

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Five-Building Live-Work Compound
Five-Building Live-Work Compound

90917 240th St, Austin, MN 55912

Contact for pricing
5,185 sqft

Five renovated buildings combine residential, showroom, event, shop, barn, and greenhouse space.

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Mixed-Use Building
Mixed-Use Building

151 W BRIDGE ST, Owatonna, MN 55060

Contact for pricing
7,924 sqft

Bridge Street property near downtown Owatonna with B3 Central Business zoning.

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Versatile Industrial Property with Office
Versatile Industrial Property with Office

409 11th St NE, Austin, MN 55912

Contact for pricing
24,600 sqft 1.30 AC lot

Warehouse, storage, and office space near Hormel plant and I-90.

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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.

Commercial Land in Business Park
Commercial Land in Business Park

L2 B2 Business Park Addition, Wells, MN 56097

$38,281
3.07 AC lot

Service-commercial zoning and direct State Highway 22 exposure support a range of commercial development plans.

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Service Commercial Development Parcel
Service Commercial Development Parcel

L1 B1 Business Park Addition, Wells, MN 56097

Contact for pricing
1.83 AC lot

Service/commercial zoning with water available for commercial development.

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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.

210 St Mary Ave
Medical Office Space

210 St Mary Ave, Albert Lea, MN 56007

Estimated value: by Request
30,000 sqft 1.71 AC lot
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2610 Yh Hanson Ave
Distribution properties

2610 Yh Hanson Ave, Albert Lea, MN 56007

Estimated value: by Request
41,250 sqft
View details
1705 Broadway Ave
Medical Office Space

1705 Broadway Ave, Albert Lea, MN 56007

Estimated value: by Request
38,000 sqft 3.90 AC lot
View details

Albert Lea, MN Office Spaces Market Trends and Statistics

Explore 7 office spaces for sale in Albert Lea, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,837 square feet of properties for sale, with an estimated market value of $499,700.

Sale prices for office spaces in Albert Lea, MN start at $109,900, averaging $166,566, and reaching up to $199,900 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 4

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 $166.6K

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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