Restaurants

Albert Lea, MN Restaurants for Sale

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Renovated Mixed-Use Property
Updated: Jan 19
Renovated Mixed-Use Property

1317 Broadway Avenue SE, Albert Lea, MN 56007

$299,000
2,400 sqft
Two separate suites totaling 2,400 square feet
Restaurant suite leased with two years remaining on the lease contract
Operational Ansul system, drive‑up ordering, three‑compartment sink, and grease trap
Office suite offers two offices or an office, conference room, and reception area
Both suites renovated in 2021 and handicap accessible
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Arby’s Quick Service Restaurant
Updated: Apr 15
Arby’s Quick Service Restaurant

2707 BRIDGE AVE, Albert Lea, MN 56007

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3,500 sqft
Arby’s (Year Built 2004) located in Albert Lea, MN on a central commercial corridor
High‑traffic retail area with 20,197 population within a 5‑mile radius
Average household income of approximately $89,787 within a 3‑mile radius
Nearby tenants include Hy‑Vee Grocery, Applebee’s, Caribou Coffee, McDonald’s, Pizza Ranch, and Kwik Trip
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Multi-Use Retail Office Restaurant
Multi-Use Retail Office Restaurant

410 Bridge Avenue, Albert Lea, MN 56007

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Commercial building on Bridge Avenue offers a drive-up window and driveway for flexible retail, office, or restaurant use.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 3 Active listings in Albert Lea, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

Quick-Service Restaurant Building
Quick-Service Restaurant Building

105 S Oak Ave, Owatonna, MN 55060

Contact for pricing
1,266 sqft

Former Pizza Hut with built-in hood and venting, plus a walk-in cooler/freezer on a high-visibility downtown site.

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Restaurant and Bar With Patio
Restaurant and Bar With Patio

306 3rd ST, Grafton, IA 50440

$149,900

The sale includes the building contents, including food stored in the coolers and freezer.

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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.

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Upgraded Restaurant With Patio
Upgraded Restaurant With Patio

306 3rd ST, Grafton, IA 50440

Contact for pricing

Established food-service property includes kitchen inventory, furnishings, and building improvements for continued restaurant operations.

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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.

Interstate Commercial Development Land
Interstate Commercial Development Land

21133 775th St, Albert Lea, MN 56007

$975,000
6.50 AC lot

Commercial land with IDD zoning, utility availability, and direct connectivity to Interstate 35 and East Main Street.

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Albert Lea, MN Restaurants Market Trends and Statistics

Explore 3 restaurants for sale in Albert Lea, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 5,900 square feet of properties for sale, with an estimated market value of $299,000.

Sale prices for restaurant properties in Albert Lea, MN average $299,000 — 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 2
Coffee shops 1
Drive through restaurants 1

Demographics Overview

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

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%

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