Storefront

Albert Lea, MN Storefront Properties 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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Corner Retail and Multifamily Building
Updated: Jun 17
Corner Retail and Multifamily Building

202 S BROADWAY AVE, Albert Lea, MN 56007

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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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2 active listings match your search: Storefront 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.

Two-Story Retail Storefront
Two-Story Retail Storefront

Saint Ansgar, IA 50472

$238,500
2,327 sqft

Commercial zoning and a two-level layout support retail use in a traditional downtown setting.

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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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Renovated Office Building
Renovated Office Building

Saint Ansgar, IA 50472

$119,900
0.03 AC lot

Renovated commercial space with private parking and rear paved alley access in St. Ansgar’s central business district.

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Open-Layout Storefront
Open-Layout Storefront

412 E Main Street, Blooming Prairie, MN 55917

Contact for pricing
0.09 AC lot

B-3 Business District zoning and a separate break or prep area complement the customer-facing space.

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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 11,392 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 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)

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