Albert Lea, MN Residential income properties for sale

4-Bay Car Service Station with Residence

$325,000

11,200 SF

4-Bay Car Service Station with Residence

226 E Clark Street, Albert Lea, MN 56007

Live above and operate below in a fully operating 4-bay car service station with updated residential space.

Fully operating 8,200 sq ft 4‑bay car service station with existing customer database.
Enjoy over 3,000 sq ft of updated residential living space with 4 bedrooms and 2 bathrooms.
Option to continue auto service operation or convert commercial space for different use.
Includes newer windows and appliances, gas fireplace, and billiard room with pool table.
Full 3,000+ sq ft basement level for conversion to living or shop space.

Updated: Jul 7, 2025

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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 1 Active listings in Albert Lea, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

$268,500

1,308 SF

Remodeled Duplex with Two Garages

Fully remodeled duplex with updated interiors and each unit featuring dedicated garage parking.

805 805 1/2 W 10TH Street, Clear Lake, IA 50428

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High-Visibility Motel Redevelopment Opportunity

$650,000

0.79 Acres

High-Visibility Motel Redevelopment Opportunity

Operating motel on a high-visibility commercial parcel with flexible B-2 zoning and an on-site residence for added income options.

1507 W Oakland Avenue, Austin, MN 55912

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$469,900

31.42 Acres

Agricultural Land with Water Views

Over 30 acres in Lansing Twp offer flexible development concepts, with views along Cedar River and a pond.

Austin, MN 55912

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$210,000

1,456 SF

Well-Maintained Duplex Near Downtown

Manageable duplex near downtown Clear Lake, ideal for investors.

704 8th Avenue N, Clear Lake, IA 50428

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

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0.14 Acres

Residential Lot in Albert Lea

Finished lot ready for tiny house or single-family home.

309 Court Street, Albert Lea, MN 56007

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$59,900

1.06 Acres

Residential Land in Albert Lea

1.06 acre residential land for sale in Albert Lea, MN.

1609 Country Club Road, Albert Lea, MN 56007

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$35,000

1.17 Acres

Residential Lot in Quiet Neighborhood

Residential lot in Albert Lea, Minnesota, totaling 1.174 acres.

1629 Seath Drive, Albert Lea, MN 56007

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Industrial Development Parcel with IDD Zoning

$975,000

6.50 Acres

Industrial Development Parcel with IDD Zoning

6.5-acre industrial development land with IDD zoning and utilities ready for a wide range of commercial uses.

21133 775th St, Albert Lea, MN 56007

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Off-Market Properties in Albert Lea, MN

Consider similar Off-Market properties in Albert Lea, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (5+ UNITS)

3,572 SF

Value Estimation by Request

108 Adams Ave, Albert Lea, MN 56007-2501

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Land

Lot: 88.24 Acres

Value Estimation by Request

Hammer Rd

0 Hammer Rd, Albert Lea, MN 56007

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Land

Lot: 0.20 Acres

Value Estimation by Request