717 Marshall Street Albert Lea, MN $ 89,900
717 Marshall Street
$ 89,900
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717 Marshall Street

Albert Lea, MN, 56007
$ 89,900
Baths0.0 Sq 1,521

Monthly Estimate*

$ 598

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Studio

Commercial Property for sale in Albert Lea, MN

for $89,900. This 1,521 square foot building was built in 1939 on a lot size of 0.07.

This well kept and easy to maintain commercial property is only a block from Albert Lea's Fountain Lake, near Scooters Coffee, Walgreens, Subway, a local cafe, banks, a small grocery store, a popular neighborhood bar, new bookstore and a handful of other retail stops. It is also located right between both Bridge Avenue and Main Street East, Albert Lea's 2 main business corridors. This great property has a 16x9 retail/waiting space in front, a 9x7 office, bathroom, 2 additional 17x17 studios and a 16'9"x29 heated garage/shop in the rear with a 10ft wide x 7ft tall overhead door. There's plenty of space for vehicles inside and there's also a very nice cement parking lot out back. On the side of the property is an additional, attached, storage shed as well. The possibilities are both awesome and affordable in this 1521 square foot building. Grow, or start, your business here soon!

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Commercial Active

Price

$ 89,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,062

Style

Business,Office

Lot Size

0.07

Year Built

1939

Town/City

Albert Lea

County/Region

Freeborn

MLS | Web ID

6477102

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air Wall Unit(s)
Utilities Electric Common Heating Common Hot Water Common
Roof Rubber
Garage Spaces 1
Construction Materials Steel Siding Vinyl Siding
Year Built 1939
Topography Level
Levels One
Property SubType Business Office
Tax Year 2023
Current Use Vacant
Accessibility No Stairs Internal Other Partially Wheelchair
County Freeborn
Property Type Commercial Sale
Contingency None
Subdivision Name Home Add
Possible Use Office Professional Service Restaurant Retail Shop Warehouse Grocery Investment Bar/Tavern
Directions Main Street OR Bridge Avenue to Marshall Street. From E Main St go NW to property. From Bridge Ave go SE to property at the stoplights.
City Albert Lea
Buyer Agent Compensation 2.50
High School District Albert Lea
Zoning Description Business/Commercial
Total Units 1
Street Name Marshall
Land Lease Y/N N
Tax Annual Amount 1062
Additional Parcels Y/N N
Days on Market 109
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement None
Basement (Y/N) N
Street Suffix Street
Ceiling Height 8-10
Foundation Dimensions 18x94
Fuel Natural Gas
Garage Dimensions 18x24
Garage Door Width 7
Garage Square Feet 485
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Exterior
Parking Features Attached Garage Concrete Garage Door Opener Parking Lot Storage
Lot Features Irregular Lot
Water Source City Water/Connected
Inclusions Building
Lot Size Area 0.07
Building Area Total 1521
Lot Dimensions 25x120
Lot Size Units Acres
Foundation Area 1521
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 717
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* Excluded Features
List By
Robert Hoffman Realty Inc.

Broker

dennis@roberthoffmanrealty.com

Email

Affordability Calculator

$686
Per Month
87%
13%
0%
Monthly Principal & Interest
$598
Monthly Property Taxes
$89
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
708674 Elementary School
708663 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/30/2024$89,900 -0.11% Price Down
4/14/2024$90,000 -9.91% Price Down
1/13/2024$99,900 Listed Price

Map


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717 Marshall Street, Albert Lea, MN, 56007 is a Commercial Property for sale at $89,900 with 1,521 sqft and a lot size of 0.07. 717 Marshall Street is a studio with 0.0 baths and was built in 1939. The property's zip code is 56007 which is in Albert Lea, MN