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    Albert Lea, MN
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    Albert Lea, MN Restaurants for Sale

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    Clarks Grove, MN Glenville, MN Geneva, MN
    High-Visibility Commercial Property on Front Street
    $549,000
    2,400 SF

    High-Visibility Commercial Property on Front Street

    1311 West Front St, Albert Lea, MN 56007

    Freestanding commercial property with car wash in key retail corridor.

    • 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.
    Updated: Feb 5
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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.

    Established Restaurant and Bar Opportunity
    $285,000
    0.21 Acres

    Established Restaurant and Bar Opportunity

    Turnkey restaurant and bar with prime highway location and updates.

    204 1st Avenue, Pemberton, MN 56078
    View details
    Restaurant and Bar Business Opportunity
    $285,000

    Restaurant and Bar Business Opportunity

    Turnkey restaurant and bar with prime highway location and updated interior.

    204 1st Avenue, Pemberton, MN 56078
    View details
    Waseca Restaurant with Drive-Thru
    $499,900
    1,977 SF

    Waseca Restaurant with Drive-Thru

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

    1401 North State Street, Waseca, MN 56093
    View details
    Turnkey Restaurant Bar on Lakeshore
    $675,000
    4,564 SF

    Turnkey Restaurant Bar on Lakeshore

    Established restaurant and bar with 130' of lakeshore.

    406 9th St NE, Waseca, MN 56093
    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.

    Prime Commercial Land Opportunity
    $937,312
    1.26 Acres

    Prime Commercial Land Opportunity

    Highway Business District land near future commercial development.

    TBD Coneflower Lane, Mankato, MN 56001
    View details
    Prime Retail Outlot Opportunity
    $300,000
    0.75 Acres

    Prime Retail Outlot Opportunity

    Strategically located retail outlot with high traffic counts.

    TBD Premier Drive, Mankato, MN 56001
    View details
    Commercial Land Near Retail Hub
    Contact for pricing

    Commercial Land Near Retail Hub

    Land available in high-traffic area near major retailers.

    1770 Premier Drive, Mankato, MN 56001
    View details
    Commercial Land Near Retail Hub
    Contact for pricing

    Commercial Land Near Retail Hub

    Land available in high-traffic area near major retailers.

    1780 Premier Drive, Mankato, MN 56001
    View details

    Albert Lea, MN Restaurants Investment Opportunities Market Analysis

    Explore 1 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

    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 Strategic Investment

    Identify Albert Lea submarkets with the highest inventory density on the market and evaluate the median 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 sq ft
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

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