Albert Lea, MN Retail Properties & Spaces for Sale

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Updated: Feb 5

Freestanding Retail Property

1311 W Front St, Albert Lea, MN 56007

$549,000

1.38 AC lot

2400 square‑foot single‑story commercial building
792 square‑foot car wash with related equipment
Two adjacent lots totaling 1.38 acres
150 feet of frontage on Front Street with a dedicated turn lane
Planned Development District zoning

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Updated: Aug 15

Renovated Corner Storefront

817 Marshall St, Albert Lea, MN 56007

$199,900

1,591 sqft

1,566‑square‑foot storefront property with extensive building updates
Corner location at SE Marshall St. and E. Main St.
Approximately 15,200 trips on E. Main St.
Large customer parking lot included
Two‑stall garage for storage or additional workspace

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High-Visibility Commercial Property on Front Street

1311 West Front St, Albert Lea, MN 56007

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2,400 sqft 1.38 AC lot

Freestanding commercial property with car wash in key retail corridor.

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Corner Retail and Multifamily Building

202 S BROADWAY AVE, Albert Lea, MN 56007

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9,801 sqft

Turn-of-the-century corner redevelopment building with iconic terrazzo floors and a dry foundation.

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Corner Retail Storefront

1201 E Main Street, Albert Lea, MN 56007

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2,116 sqft

Remodeled retail space with updated building systems and fiber-optic connectivity.

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Flex Space with Loading Docks

2417 Myers Road, Albert Lea, MN 56007

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14,000 sqft 7.76 AC lot

Versatile commercial facility combining showroom, office, and warehouse areas with secured, fenced outdoor space.

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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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Open-Plan Office Building

709 Algon Street, Albert Lea, MN 56007

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Flexible commercial layout with off-street parking and accessibility features for office or retail use.

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Northbridge Mall Retail Opportunity

2590 Bridge Ave, Albert Lea, MN 56007

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49,271 sqft

Large retail space in Albert Lea's Northbridge Mall.

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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 9 Active listings in Albert Lea, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

Historic Downtown Mixed-Use Building

747 Central Avenue, Northwood, IA 50459

$136,000

0.06 AC lot

Main-level retail space includes a newer full kitchen alongside updated interior features.

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Multi-Tenant Retail Center

1906 8th Street Northwest, Austin, MN 55912

Contact for pricing

20,140 sqft

20,140 SF multi-tenant retail center anchored by Hormel Foods near major national retailers.

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Historic Downtown Mixed-Use Building

747 Central Ave, Northwood, IA 50459

$136,000

Stunning 1890 building in the heart of downtown Northwood.

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Shopping Center with NNN Leases

1300 18th Ave NW, Austin, MN 55912

Contact for pricing

48,198 sqft

Shopping center offering NNN leases and a tenant mix that includes Sherwin Williams and Pizza Ranch.

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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.

Albert Lea Vacant Land Opportunity

Bridge Ave, Albert Lea, MN 56007

$249,000

4.73 AC lot

4.73 acres of residential land on Bridge Street.

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Residential Land in Albert Lea

Stevens St, Albert Lea, MN 56007

$299,000

3.62 AC lot

3.62 acres of residential land ready for development.

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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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Cleared Commercial Land

10th St NW, Austin, MN 55912

$249,000

9.17 AC lot

Level, cleared parcel with paved road access and nearby municipal utilities for commercial or mixed-use development.

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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.

Lifestyle centers

2590 Bridge Ave, Albert Lea, MN 56007

Value Estimation by Request

49,271 sqft

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Retail properties & Spaces

21133 775Th Ave, Albert Lea, MN 56007

Value Estimation by Request

283,140 sqft 6.50 AC lot

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Albert Lea, MN Retail Properties & Spaces Market Trends and Statistics

Explore 11 retail properties & spaces for sale in Albert Lea, MN, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 79,179 square feet of properties for sale, with an estimated market value of $748,900.

Sale prices for stores in Albert Lea, MN start at $199,900, averaging $374,450, 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

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	$379.5K

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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