210 St Mary Ave, Albert Lea, MN 56007
This exceptional commercial property presents a unique investment opportunity in Albert Lea, Minnesota. Located at 210 N St Mary Ave, 56007, this Class C office building boasts a substantial 30,000 square feet of space situated on a generous 1.71-acre lot. Built in 1970, the building offers a flexible layout with multiple offices and entrances, catering to diverse business needs and configurations. The 17,200 square foot building footprint provides ample room for expansion or customization. Its prime location offers excellent visibility and proximity to key amenities, including the Mayo Clinic and the scenic Fountain Lake. The significant square footage and expansive lot size provide immense potential for redevelopment or repurposing, making this a truly versatile commercial asset. This property is ideal for investors seeking a substantial footprint in a desirable location with high growth potential. The property's versatility allows for a variety of uses, including executive, medical, or traditional office spaces. This is a rare opportunity to acquire a large-scale commercial property in a thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.