24104 755th Avenue
Albert Lea, MN, 56007 $ 800,000
Bedrooms-- Baths-- Monthly Estimate*
$ 5,525
for $800,000. This building was built in 1999 on a lot size of 11.85.
Positioned just 1 mile from Interstate 90, this versatile industrial property offers a rare combination of scale, functionality, and future potential. The site features a 12,330 square foot commercial building on 22 acres, making it ideal for a wide range of industrial and commercial uses. The existing structure includes approximately 7,670 SF of warehouse space, 4,000 SF of shop area, along with 330 SF of office space and a 330 SF mezzanine for additional storage. The entire building is insulated and heated, with 20’ interior clear height, 17’ overhead doors, and an existing loading dock plus five additional outdoor dock positions—supporting efficient operations for logistics, manufacturing, or service-based businesses. The expansive acreage provides ample yard space for outdoor storage, fleet parking, or equipment staging, with significant room for future expansion or redevelopment. A secondary partially completed ~8,000 SF structure adds further upside for an owner-user or investor looking to customize the site. Historically utilized for manufacturing and recycling, the property is well-suited for continued industrial use but also presents strong potential for contractor yards, trucking and logistics operations, equestrian facilities, equipment storage, distribution or other industrial applications. Its flexible layout and abundant land make it adaptable to a variety of business models. Located in a developing corridor with a mix of uses including a nearby assisted living community, electric company, autobody and graphics shop, county offices and church the property offers both accessibility and long-term redevelopment potential.
See more
FeaturesGeneralSewer City Sewer - In Street Holding Tank
Heating Forced Air In-Floor Heating
Utilities Electric Common
Garage Spaces 50
Pool Features None
Year Built 1999
Topography Level
Levels Two
Tax Year 2026
Current Use Industrial Manufacturing Storage Facility Warehouse
Waterfront Features Pond
Accessibility No Stairs External
Additional Parcels Description 130210083
County Freeborn
New Construction N
Property Type Commercial Sale
Contingency None
Directions I90 exit 157 North on Bridge Ave West on 240th Street North on 755th Ave Property to the East
City Albert Lea
High School District Albert Lea
Zoning Description Agriculture Business/Commercial Residential-Multi-Family
Number Of Units Total 2
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 10988
Additional Parcels Y/N Y
Standard Status Active
Lender Owned No
See more
ExteriorParking Features Carport Covered Gravel Heated Garage Insulated Garage Multiple Garages Other Parking Lot RV Access/Parking Storage Open
Water Source City Water - In Street Well
Inclusions Building Business Assets Fixture/Equipment Inventory Land
Lot Size Area 11.85
Lot Dimensions 1324x723
Waterfront Y/N N
Foundation Area 20000
Road Frontage Type County Road
See more
InteriorBasement (Y/N) N
Ceiling Height 16-20
Fuel Wood
Garage Door Width 17
Garage Square Feet 15670
See more
* Excluded FeaturesList Bybrycecaldwellrealtor@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,525
- Monthly Property Taxes
- $916
- 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.
Learn more about how to save NearbyCommerical listings in Albert Lea, MN
Average List Price $400,792
Percent of Sale Price 50%
About Albert Lea, MN 17,794 Population
-4% Since 2002
$ 44,096 Median Income
43.27 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
708674 Elementary School
708663 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/24/2026 | $800,000 | | Listed Price |