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134 William Street W Albert Lea, MN $ 314,000
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$ 314,000 Get more info
134 William Street W
$ 314,000
Back to search
Share Save

134 William Street W

Albert Lea, MN, 56007
$ 314,000
Bedrooms-- Baths5.0

Monthly Estimate*

$ 2,169

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Commercial Property for sale in Albert Lea, MN

for $314,000 with 5 full baths. This building was built in 1913 on a lot size of 0.12.

Well established & profitable tavern business opportunity located in excellent downtown location. Two large gaming rooms. Recently replaced bar cabinets and shelving. Indoor grill plate and fryers for burgers and fries. Bar area seating for 40 plus people as well as the two large gaming rooms seating and outdoor patio area. Five upper level apartments add to your income opportunities. A must see establishment to see and appreciate the amenities and equipment that have helped make this tavern/ lounge a true community fixture.

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Commercial Active

Price

$ 314,000

Full Bath

5

Property Type

Commercial

Taxes

$ 3,748

Style

Lot Size

0.12

Year Built

1913

Town/City

Albert Lea

County/Region

Freeborn

MLS | Web ID

7002308
Features
General
Sewer City Sewer/Connected
Heating Boiler Ductless Mini-Split Hot Water
Cooling Central Air Ductless Mini-Split
Utilities Electric Common Heating Common Hot Water Common
Roof Age 8 Years or Less Rubber
Appliances Indoor Grill Microwave Refrigerator
Garage Spaces 0
Year Built 1913
Tenant Pays None
Levels Two
Tax Year 2025
Current Use Residential Bar/Tavern
Accessibility None
Additional Parcels Description 340030030 340030020
County Freeborn
New Construction N
Property Type Commercial Sale
Contingency None
Possible Use Lounge/Bar
Directions From intersection of Main Street and Broadway Avenue Albert Lea north on Broadway one block to William Street W. Left on William Street W to 134 W William St W on right side of street.
City Albert Lea
High School District Albert Lea
Zoning Description Business/Commercial Residential-Multi-Family
Number Of Units Total 5
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 3748
Additional Parcels Y/N Y
Standard Status Active
Lender Owned No
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Interior
Basement Full Unfinished
Basement (Y/N) Y
Total Bedrooms 0
Total Baths 5
Fuel Natural Gas
Garage Square Feet 0
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Exterior
Parking Features On-Street Parking Only
Water Source City Water/Connected
Inclusions Building Business Assets Business Fixture/Equipment Leases Liquor License
Lot Size Area 0.12
Lot Dimensions 81.5 x 100
Waterfront Y/N N
Foundation Area 1336
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 134
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* Excluded Features
List By
Century 21 Atwood

Broker

rick.mummert@gmail.com

Email

Affordability Calculator

$2,481
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,169
Monthly Property Taxes
$312
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
708674 Elementary School
708663 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/22/2026$314,000 -4.27% Price Down
3/24/2026$328,000 -15.90% Price Down
12/23/2025$390,000 Listed Price

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134 William Street W, Albert Lea, MN, 56007 is a Commercial Property for sale at $314,000 with a lot size of 0.12. 134 William Street W has 5.0 baths and was built in 1913. The property's zip code is 56007 which is in Albert Lea, MN

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