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    OFF-MARKET
    Medical Office Space

    1705 Broadway Ave, Albert Lea, MN 56007

    38,000 SF 3.9 ac lot
    Property ID
    US46-2413267
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Medical Office Space
    Total area 38,000 SF
    Lot 3.9 ac (169,884 SF)
    UPID US46-2413267
    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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