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    Albert Lea, MN
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    Albert Lea, MN Retail Space for Sale

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    Freestanding Retail and Car Wash
    Updated: Feb 5
    Freestanding Retail and Car Wash

    1311 W Front St, Albert Lea, MN 56007

    $549,000
    1.38 AC lot
    Freestanding 2,400 SF single‑story commercial building at 1311 W Front Street, Albert Lea, MN 56007
    Includes a 792 SF car wash with related equipment plus two adjacent lots for a combined 1.38 acres
    150 feet of frontage on W Front Street with a dedicated turn lane for ingress/egress
    Flexible Planned Development District zoning allowing a range of commercial uses
    Traffic counts include AADT 3,000+ on Front Street and AADT 11,000+ on I‑90, 3.8 miles away
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    Northbridge Mall Retail Opportunity
    Updated: Nov 19, 2024
    Northbridge Mall Retail Opportunity

    2590 Bridge Ave, Albert Lea, MN 56007

    Contact for pricing
    49,271 sqft
    Developer/Owner‑User opportunity within Northbridge Mall.
    Flexible zoning allows for a variety of usages.
    Located in Albert Lea, Minnesota, the county seat of Freeborn County.
    90 miles from Minneapolis‑Saint Paul.
    Potential for large church, indoor pickleball courts, skating arena, or big box store.
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    Multi-Use Retail Office Restaurant
    Multi-Use Retail Office Restaurant

    410 Bridge Avenue, Albert Lea, MN 56007

    Contact for pricing

    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.

    Retail Space with Drive-Thru
    Retail Space with Drive-Thru

    236 Main St W, Blooming Prairie, MN 55917

    $300,000
    3,247 sqft 0.47 AC lot

    Retail property featuring a drive-thru and flexible tenant terms.

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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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    Shopping Center with NNN Leases
    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.

    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.

    PUD-Zoned Commercial Land with Frontage
    PUD-Zoned Commercial Land with Frontage

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    2.07 AC lot

    2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

    View details

    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 49,271 square feet of properties for sale, with an estimated market value of $549,000.

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

    Shopping centers 7
    Automotive properties 4
    Storefront properties 3
    Auto shops 2
    Car washes 2

    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 $549K

    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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