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    Albert Lea, MN
    Restaurants

    Albert Lea, MN Restaurants for Sale

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    Hayward, MN Clarks Grove, MN Glenville, MN
    Freestanding Retail and Car Wash
    Updated: Feb 5
    Freestanding Retail and Car Wash

    1311 W Front St, Albert Lea, MN 56007

    $549,000
    1.38 AC lot
    Freestanding 2,400 SF single‑story commercial building at 1311 W Front Street, Albert Lea, MN 56007
    Includes a 792 SF car wash with related equipment plus two adjacent lots for a combined 1.38 acres
    150 feet of frontage on W Front Street with a dedicated turn lane for ingress/egress
    Flexible Planned Development District zoning allowing a range of commercial uses
    Traffic counts include AADT 3,000+ on Front Street and AADT 11,000+ on I‑90, 3.8 miles away
    View details
    High-Visibility Commercial Property on Front Street
    Updated: Feb 5
    High-Visibility Commercial Property on Front Street

    1311 West Front St, Albert Lea, MN 56007

    $549,000
    2,400 sqft · 1.38 AC lot
    High‑visibility frontage on West Front Street in a key retail corridor.
    Flexible zoning (Planned Development District) allowing for a range of commercial uses.
    Significant traffic volume with 3000+ AADT on Front Street.
    Includes a 2400 sq ft building and a 792 sq ft car wash on 1.38 acres.
    Strong residential and multifamily base nearby.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Albert Lea, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Owatonna Restaurant Investment Opportunity
    Owatonna Restaurant Investment Opportunity

    4355 W Frontage Rd |, Owatonna, MN 55060

    $1,195,000
    6,079 sqft

    Restaurant property for sale with existing lease through November 2026.

    View details
    Waseca Restaurant with Drive-Thru
    Waseca Restaurant with Drive-Thru

    1401 North State Street, Waseca, MN 56093

    $499,900
    1,977 sqft

    Former Taco John's with drive-thru in strong retail corridor.

    View details
    Brew Pub Opportunity
    Brew Pub Opportunity

    131 W Broadway St, Owatonna, MN

    Contact for pricing
    7,569 sqft · 0.10 AC lot

    Second-generation brew pub with equipment and expansion potential.

    View details
    Turnkey Restaurant Bar on Lakeshore
    Turnkey Restaurant Bar on Lakeshore

    406 9th St NE, Waseca, MN 56093

    $675,000
    4,564 sqft

    Established restaurant and bar with 130' of lakeshore.

    View details

    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.

    Commercial Development Land with IDD Zoning
    Commercial Development Land with IDD Zoning

    21133 775th St, Albert Lea, MN 56007

    $975,000
    6.50 AC lot

    6.5-acre Interstate Development District parcel with utilities and broad commercial, industrial, and residential-type uses for flexible projects.

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    Mankato Commercial Land For Sale
    Mankato Commercial Land For Sale

    Coneflower Lane, Mankato, MN 56001

    $937,312
    1.26 AC lot

    Prime commercial ground in Mankato's newest development area.

    View details
    Prime Commercial Outlot Opportunity
    Prime Commercial Outlot Opportunity

    Premier Drive, Mankato, MN 56001

    $300,000
    0.75 AC lot

    Strategically located 0.75-acre commercial outlot with high traffic exposure.

    View details
    Commercial Land Near Retail Hub
    Commercial Land Near Retail Hub

    1770 Premier Drive, Mankato, MN 56001

    Contact for pricing

    Land available in high-traffic area near major retailers.

    View details

    Albert Lea, MN Restaurants Market Trends and Statistics

    Explore 2 restaurants for sale in Albert Lea, MN on our real estate platform. These investment opportunities span a total of 2,400 square feet of properties for sale, with an estimated market value of $549,000.

    Sale prices for restaurant properties in Albert Lea, MN start at $549,000, averaging $549,000, and reaching up to $549,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 1
    Drive through restaurants 1

    Demographics Overview

    Population 21K
    Population Growth (5Y) +1.4%
    Median Household Income $66,479
    College Educated 24.2%

    High-Yield Neighborhoods for Investment

    Identify Albert Lea submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    56007 $549K

    Taxes & Financing

    Tax Rate (average for all types) 2.76%
    Property Tax per SF $0.93 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Freeborn County

    New Delisted

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