1705 Broadway Ave, Albert Lea, MN 56007
This exceptional 38,000-square-foot office building presents a remarkable investment opportunity in Albert Lea, Minnesota. Situated on a generous 3.9-acre lot at 1705 SE Broadway Ave, 56007, this property boasts a highly desirable location, less than two minutes from Interstate 35 and just a minute from the heart of downtown Albert Lea. The building's versatile design caters to a wide range of uses, including executive, medical, and traditional office spaces. The interior features a beautiful blend of open flex space and professionally appointed offices, providing ample room for customization and adaptation to suit diverse business needs. The property benefits from excellent visibility and ample parking, ensuring convenient access for employees and clients alike. The asking price is $1,095,000, translating to a price per square foot of $28.82. Albert Lea's strategic location at the intersection of Interstates 90 and 35 further enhances the property's appeal, offering unparalleled connectivity and accessibility. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a thriving Minnesota community. The possibilities are truly limitless.
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.