My notes for this property


Add listing to my favorites (required)
Active NEW!
$95,000
/mo Edit
Commercial:  Apartments/Retail
Built 1888
0.14 acres
Albert Lea schools
MLS# 6723700
My rating:
Request a Showing  
Agent
Ask the Agent

Ask the Agent

    Property inquiries submitted online are continually monitored to provide the best possible service.







    Thank You!

    An agent will be in contact with you soon to answer your question.

    Property Description

    Now offered at a great new price! Centrally located! Great place to make all your business/self-employment dreams come true! Abundant opportunities await with this great find. Upper level is a one-bedroom apartment. Lower level was used for many years as a professional office setting. Newly updated electric to circuit breakers. Schedule your showing today!

    Listing

    Contingency: None
    City: Albert Lea
    County: Freeborn
    State: MN
    Property Style: Apartments/Retail
    Zip Code: 56007

    Interior

    Basement Details: Partial

    Exterior

    Stories: Two
    Garage Spaces: 0
    Other Parking Spaces: 1
    Air Conditioning: Central Air, Window Unit(s)
    Foundation Size: 411 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Driveway - Other Surface
    • More Parking Offsite for Fee
    Exterior Material:
    • Shake Siding
    • Vinyl Siding

    Lot & Land

    Acres: 0.14
    Geolocation: 43.649939, -93.37104
    Inclusions: Fixture/Equipment
    Lot Dimensions: 64 x 92
    Zoning: Business/Commercial

    Schools

    School District: 241
    District Phone: 507-379-4800

    Expenses

    Tenant Expenses: Fuel

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,117
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $2,642

    Units

    Total Units: 2

    Miscellaneous

    Current Use:
    • Office
    • Professional Service
    • Vacant
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities: Electric Separate
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Listing provided by RMLS, courtesy of Leland Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.