Retail

Albert Lea, MN Retail Space for Sale

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Warehouse with Office and Retail Space
Updated: Feb 13
Warehouse with Office and Retail Space

404 Airport Road, Albert Lea, MN 56007

$599,900
0.90 AC lot
13,720 total square feet
2,440 square feet of office and retail area
11,280 square feet of warehouse space
0.9‑acre site near the airport
Access to I90
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Flex Space with Warehouse
Updated: Jul 17
Flex Space with Warehouse

404 Airport Road, Albert Lea, MN 56007

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0.90 AC lot
13,720 square feet of total building area
2,440 square feet of office and retail space
11,280 square feet of warehouse space
0.9‑acre property on Airport Road
Easy access to I‑90 and proximity to the airport
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Renovated Corner Storefront
Renovated Corner Storefront

817 Marshall St, Albert Lea, MN 56007

$199,900
1,591 sqft

Updated commercial space with customer parking, a two-stall garage, and visibility from two intersecting streets.

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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 7 Potential Opportunities for your consideration. Besides 3 Active listings in Albert Lea, MN, we suggest exploring several alternatives: 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.

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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.

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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.

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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.

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Albert Lea, MN Retail Space Market Trends and Statistics

Explore 3 retail space for sale in Albert Lea, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 1,591 square feet of properties for sale, with an estimated market value of $799,800.

Sale prices for retail space in Albert Lea, MN start at $199,900, averaging $399,900, and reaching up to $599,900 — 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 6
Storefront properties 3

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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