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    Albert Lea, MN
    Retail

    Albert Lea, MN Retail Space for Sale

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    Hayward, MN Clarks Grove, MN Hollandale, MN Wells, MN Geneva, MN Ellendale, MN Northwood, IA Walters, MN
    Renovated Corner Storefront
    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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    Shopping Center with Seven-Screen Theater
    Updated: Oct 6
    Shopping Center with Seven-Screen Theater

    2500 N Bridge Avenue, Albert Lea, MN 56007

    Contact for pricing
    151,630 sqft 13.04 AC lot
    151,630‑square‑foot center on 13.04 acres
    90,746 square feet available, divisible from 312 square feet to a 49,271‑square‑foot contiguous space
    Anchored by Dunham’s Sports and CEC Theatres’ seven‑screen Mall Cinema 7
    B‑2 Community Business District zoning
    30‑ton common‑area rooftop HVAC unit replaced in 2025; vestibule electric heaters replaced in 2024
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    2 active listings match your search: Retail for sale in Albert Lea, MN. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

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

    Remodeled Retail Storefront
    Remodeled Retail Storefront

    232 NW Highway Avenue S, Blooming Prairie, MN 55917

    $500,000
    0.21 AC lot

    Updated commercial space with open interiors, a lofted upper level, finished basement, and on-site parking.

    View details
    Mixed-Use Commercial Building
    Mixed-Use Commercial Building

    301 Main Street North, Austin, MN 55912

    Contact for pricing
    38,551 sqft 0.94 AC lot

    Flexible commercial space with existing tenants, customer parking, and a central Austin location.

    View details
    Multi-Tenant Retail Center
    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.

    View details
    Retail Suite with Private Bathroom
    Retail Suite with Private Bathroom

    412 E Main St, Blooming Prairie, MN 55917

    Contact for pricing

    Zoned B-3 space with an open area, designated break/prep room, and private bathroom.

    View details

    Albert Lea, MN Retail Space Market Trends and Statistics

    Explore 2 retail space for sale in Albert Lea, MN on our real estate platform. These investment opportunities span a total of 153,221 square feet of properties for sale, with an estimated market value of $199,900.

    Sale prices for retail space in Albert Lea, MN average $199,900 — 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

    Shopping centers 7
    Automotive properties 3
    Storefront properties 3
    Auto shops 2
    Gas stations 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 $199.9K

    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

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Albert Lea, MN

    • 56007

    Featured Albert Lea Real Estate Agencies

    Realmo connects you with licensed Albert Lea CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Leland Realty, Inc.
    305 1st Ave S Albert Lea, MN 56007
    Phone: (507) 373-9586
    www.lelandrealty.com
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