For Sale: Albert Lea MLS# 6726913
Active
NEW!
$525,000
Commercial: Other
Built 1890
0.06 acres
Albert Lea schools
MLS# 6726913
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Property Description
Longtime former Jewelry Store with Karate Studio on the upper level and a nicely finished basement located right in the heart of Historic Downtown Albert Lea on Broadway Ave. Over 3000 square feet per floor with 4 floors of space including the finished basement, main floor former jewelry store, 2nd floor that could be developed into offices or apartments with 14 foot ceilings and the 3rd floor that had a large karate studio occupying it. There is a lot of space in this large historic downtown building. This building is located right in the heart of a historically intact downtown that has a handful of shops and restaurants including some brand new restaurants right across the street and one-block away as well as established shopping, apartments, gyms, salons, professional services and bar/pubs near by. This building has been owner occupied for close to 30 years and is a rare find to have so much space in a downtown building and only blocks from Albert Lea's Fountain Lake Park.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$525,000
Property Type:
Commercial
City:
Albert Lea
Garage Spaces:
0
County:
Freeborn
Year Built:
1890
State:
MN
Property Style:
Other
Zip Code:
56007
Interior
Basement Details:
- Finished
- Full
Exterior
Stories:
Three Or More
Garage Spaces:
0
Other Parking Spaces:
0
Air Conditioning:
Central Air
Foundation Size:
3,267 ft2
Foundation Dimensions:
27x121
Handicap Accessible:
Other
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
On-Street Parking Only
Road Frontage:
- City Street
- Sidewalks
- Street Lights
Exterior Material:
- Brick/Stone
- Steel Siding
Roof Details:
Age Over 8 Years
Lot & Land
Acres:
0.06
Geolocation:
43.648679, -93.369122
Inclusions:
Building, Land
Lot Dimensions:
27 x 121
Zoning:
Business/Commercial
Lot Description:
Corner Lot
Schools
School District:
241
District Phone:
507-379-4800
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$4,203
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,396
Units
Total Units:
4
Miscellaneous
Current Use:
- Commercial
- Event Space
- Office
- Retail
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Separate
- Hot Water Common
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Robert Hoffman Realty Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.