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    OFF-MARKET
    Office Spaces

    210 St Mary Ave, Albert Lea, MN 56007

    30,000 SF 1.71 ac lot Built 1970
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1970
    Total area 30,000 SF
    Lot 1.71 ac (74,488 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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