1115 Main Street E Albert Lea, MN ^$ 114,900

1115 Main Street E

^$ 114,900

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1115 Main Street E

Albert Lea, MN, 56007

^$ 114,900

Studio Baths0.0 Sq 3,440

Monthly Estimate*

^$ 803

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Studio

Commercial Property for sale in Albert Lea, MN

for $114,900. This 3,440 square foot building was built in 1959 on a lot size of 0.17.

Take a look at this building with four office suites. The remainder of the building is being used as a social gathering place.

Commercial Active

Price

^$ 114,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 1,334

Style

Business

Lot Size

0.17

Year Built

1959

Town/City

Albert Lea

County/Region

Freeborn

MLS | Web ID

6514094

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Cooling Central Air

Utilities Heating Common

Garage Spaces 0

Construction Materials Block

Year Built 1959

Property SubType Business

Tax Year 2024

Current Use Office Recreational

Accessibility No Stairs External No Stairs Internal

County Freeborn

Property Type Commercial Sale

Contingency None

Subdivision Name Home Addition

Directions From Broadway East on Main St Property on North side of Main St.

City Albert Lea

Buyer Agent Compensation 2.50

High School District Albert Lea

Zoning Description Business/Commercial

Total Units 4

Street Name Main

Land Lease Y/N N

Tax Annual Amount 1334

Additional Parcels Y/N N

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Exterior

Parking Features Concrete

Water Source City Water/Connected

Inclusions Building

Lot Size Area 0.17

Building Area Total 3440

Lot Dimensions 50 X 150

Lot Size Units Acres

Foundation Area 3440

Road Frontage Type State Road

Interior

Basement (Y/N) N

Street Suffix Street

Fuel Natural Gas

Internal Only

Street Number 1 1115

* Excluded Features

List By

Century 21 Atwood

Broker

dseeger79@gmail.com

Affordability Calculator

$914

Per Month

Monthly Principal & Interest: $803
Monthly Property Taxes: $111
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% 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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Nearby

Trends
Schools

Commerical listings in Albert Lea, MN

Average List Price ^$264,746

Percent of Sale Price 130%

About Albert Lea, MN

17,794 Population

-4% Since 2002

^$44,096 Median Income

43.27 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708674 Elementary School

708663 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/7/2024	$114,900		Listed Price

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1115 Main Street E, Albert Lea, MN, 56007 is a Commercial Property for sale at $114,900 with 3,440 sqft and a lot size of 0.17. 1115 Main Street E is a studio with 0.0 baths and was built in 1959. The property's zip code is 56007 which is in Albert Lea, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% 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.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/1/2024.

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1115 Main Street E

Commercial Property for sale in Albert Lea, MN

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