Property profile

216 Main St Albert Lea, MN 56007

OFF-MARKET
Office Spaces
Property ID
US46-2357785
4,480 SF
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Property summary

AI-generated overview

This exceptional Albert Lea, MN office building at 216 E Main St offers 4,480 square feet of renovated space, perfect for businesses seeking flexible and modern accommodations. Seven individual suites are available, ranging from a minimum of 487 square feet to a maximum contiguous space of 1,506 square feet, catering to diverse business needs. The building underwent a complete renovation in 2023, boasting brand new carpeting, fresh paint, and stylish recessed lighting throughout. Short-term lease options are available, providing flexibility for businesses of all sizes. Attractive leasing incentives are currently being offered to qualified tenants. Detailed floor plans are available upon request to illustrate the dimensions of each office suite. A significant benefit for tenants is the inclusion of free high-speed fiber optic wireless internet, eliminating a significant operational expense. The building's location in Albert Lea, MN, zip code 56007, provides convenient access to local amenities and transportation. This is a truly remarkable opportunity to secure high-quality office space in a revitalized building. Contact us today to schedule a viewing and discuss your specific requirements.

Property profile

Verified
Property type Office Spaces
Total area 4,480 SF
UPID US46-2357785

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

216 Main St Albert Lea, MN 56007
Albert Lea metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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