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1317 Broadway Avenue SE Albert Lea, MN $ 299,000
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$ 299,000 Get more info
1317 Broadway Avenue SE
$ 299,000
Back to search
Share Save

1317 Broadway Avenue SE

Albert Lea, MN, 56007
$ 299,000
Bedrooms-- Baths-- Sq 2,400

Monthly Estimate*

$ 2,065

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Commercial Property for sale in Albert Lea, MN

for $299,000. This 2,400 square foot building was built in 1990 on a lot size of 0.78.

Excellent commercial office/ business opportunity. Property consists of two separate suites. Suite #1 is currently leased out as a restaurant/ donut shop with two years remaining on that lease contract. There is a fully operational Ansul fire suppression system installed as well as a functional drive up order and serve system. This space also includes a 3 compartment sink and grease trap for the commercial kitchen. Suite # 2 is an office space with two offices and or an office with a conference room and reception area. The utility room, restrooms and storage area are presently being shared and are ADA compliant. There are 16 parking spaces available for combined customer parking. Both suites have were renovated in 2021 and are both handicap accessible. New flooring finishes include laminate and carpet. Daily vehicle trips of 7200 as per MNDOT data provides. Exterior patio and seating is available for the coffee shop lease space. In addition an outdoor storage shed serves as storage opportunity.

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Commercial Active

Price

$ 299,000

Property Type

Commercial

Taxes

$ 9,744

Style

Lot Size

0.78

Year Built

1990

Town/City

Albert Lea

County/Region

Freeborn

MLS | Web ID

7008700
Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Common Heating Common Hot Water Common
Roof Age Over 8 Years Tar/Gravel
Appliances Electric Water Heater Exhaust Fan Refrigerator Water Softener Owned
Garage Spaces 0
Pool Features None
Construction Materials Block
Year Built 1990
Tenant Pays Broadband Common Area Maintenance Janitorial Service Telephone Trash Collection
Topography Level
Levels One
Tax Year 2025
Current Use Professional/Office Office Restaurant
Accessibility Reduced Height Counters Doors 36 + Fully Wheelchair Grab Bars In Bathroom Hallways 42 + Door Lever Handles No Stairs External No Stairs Internal
County Freeborn
New Construction N
Property Type Commercial Sale
Contingency None
Possible Use Office Restaurant Retail Income
Directions From intersection of Main Street and Broadway Avenue Albert Lea South on Broadway Avenue to E 7th Street. Left on E 7th Street to first Driveway on right is the parking lot entrance to 1317 Broadway
City Albert Lea
High School District Albert Lea
Zoning Description Business/Commercial
Number Of Units Total 1
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 9744
Additional Parcels Y/N N
Virtual Tour https://my.matterport.com/show/?m=XMAvbCrdLwk&mls=1
Standard Status Active
Lender Owned No
Amenities Unit Cable Kitchen Window Local Area Network Patio
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Interior
Basement None
Basement (Y/N) N
Ceiling Height 8-10
Foundation Dimensions 40 x 60
Fuel Natural Gas
Garage Square Feet 0
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Exterior
Fencing None
Parking Features Concrete Shared Driveway Parking Lot Paved Lot
Lot Features Corner Lot Irregular Lot Tree Coverage - Light
Water Source City Water/Connected
Inclusions Building Land Leases
Lot Size Area 0.78
Building Area Total 2400
Lot Dimensions 170 x 180
Waterfront Y/N N
Foundation Area 2400
Road Frontage Type City Street Curbs Paved Streets Street Lights Storm Sewer
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 1317
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* Excluded Features
List By
Century 21 Atwood

Broker

rick.mummert@gmail.com

Email

Affordability Calculator

$2,877
Per Month
72%
28%
0%
Monthly Principal & Interest
$2,065
Monthly Property Taxes
$812
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
1/20/2026$299,000 Listed Price

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1317 Broadway Avenue SE, Albert Lea, MN, 56007 is a Commercial Property for sale at $299,000 with 2,400 sqft and a lot size of 0.78. 1317 Broadway Avenue SE was built in 1990. The property's zip code is 56007 which is in Albert Lea, MN

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