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    Albert Lea, MN
    Storefront

    Albert Lea, MN Storefront Properties for Sale

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    Corner Retail and Multifamily Building
    Updated: Jun 17
    Corner Retail and Multifamily Building

    202 S BROADWAY AVE, Albert Lea, MN 56007

    Contact for pricing
    9,801 sqft
    Turn‑of‑the‑century redevelopment building on a corner lot in the Albert Lea area
    Main level features iconic terrazzo floors
    Dry foundation and “good bones” reported in the property remarks
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    Historic Downtown Albert Lea Corner
    Updated: Dec 12, 2025
    Historic Downtown Albert Lea Corner

    104 S Broadway Ave, Albert Lea, MN 56007

    $199,900
    Iconic and busy corner location in Historic Downtown Albert Lea.
    Close proximity to Fountain Lake, Marion Ross Performing Arts Theater, City Hall, Public Library, Art Center, Mayo Hospital, shops, and restaurants.
    Well‑kept commercial building.
    Unfinished 2nd story offers potential for customization.
    New windows installed on the 2nd story.
    View details
    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 10 Potential Opportunities for your consideration. Besides 2 Active listings in Albert Lea, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Multi-Tenant Strip Retail Property
    Multi-Tenant Strip Retail Property

    402 Indianhead Dr, Mason City, IA 50401

    $1,400,000
    6,148 sqft 0.99 AC lot

    Three-suite retail building with Subway and US Cellular occupancy in a multi-use zoning district.

    View details
    Renovated Office and Retail Building
    Renovated Office and Retail Building

    Saint Ansgar, IA 50472

    $119,900
    900 sqft

    Completely renovated office or retail building with paved alley access and ample private parking.

    View details
    Multi-Tenant Retail Storefront
    Multi-Tenant Retail Storefront

    402 Indianhead Dr, Mason City, IA 50401

    Contact for pricing
    6,148 sqft

    Three-suite retail property leased to Subway and US Cellular near Indianhead Square.

    View details
    Renovated Office Units Building
    Renovated Office Units Building

    Saint Ansgar, IA 50472

    $119,900
    0.03 AC lot

    Completely renovated office units building with central air, tile flooring, and private parking in St. Ansgar’s central business district.

    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.

    Commercial Land
    Commercial Land

    Premier Drive, Mankato, MN 56001

    $300,000
    0.75 AC lot

    .75-acre out lot positioned along Highway 22 in front of Fleet Farm between Victory Drive and Highway 14.

    View details
    Light Commercial Development Land
    Light Commercial Development Land

    1534 Enterprise Drive SE, Chatfield, MN 55923

    $44,576
    0.51 AC lot

    City-owned lots with utilities in place and B-3 zoning, suitable for a range of light commercial and industrial uses.

    View details
    B-3 Light Commercial Development Land
    B-3 Light Commercial Development Land

    1406 Enterprise Drive, Chatfield, MN 55923

    $56,500

    City-owned lots with utilities in place, zoned for contractor, service, warehouse, or showroom development.

    View details
    Light Commercial Development Land
    Light Commercial Development Land

    1622 Enterprise Drive SE, Chatfield, MN 55923

    $72,122
    0.83 AC lot

    City-owned lots in a B-3 district with utilities available for engineering and site/build planning.

    View details

    Albert Lea, MN Storefront Properties Market Trends and Statistics

    Explore 2 storefront properties for sale in Albert Lea, MN on our real estate platform. These investment opportunities span a total of 9,801 square feet of properties for sale, with an estimated market value of $199,900.

    Sale prices for retail units 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 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 $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%

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